secwatch.observer — SEC 8-K summary
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Issuer:     EVERSOURCE ENERGY (ES)
CIK:        0000072741
Form:       8-K
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0001104659-25-098981
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eversource boosts offshore wind liability by $285M; sees $75M Q3 charge; narrows 2025 EPS guidance
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- Revises offshore wind contingent liability up ~$285M; net after-tax charge ~$75M ($0.20/sh) in Q3 2025, offset by ~$210M federal tax benefit.
- Revised cost projections for Revolution Wind (over 80% complete) from GIP cite vessel damage, insurance, BOEM stop-work order (Aug 22–Sep 22, 2025).
- Narrows 2025 non-GAAP recurring EPS guidance to $4.72–$4.80 from $4.67–$4.82; midpoint shifts up.
- Liability was $296M at June 30, 2025 (down from $365M at Sep 2024 sale close); now expected to increase by ~$285M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72741/000110465925098981/0001104659-25-098981-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72741/000110465925098981/tm2528570d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-098981

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