PURA rejects Eversource's Aquarion Water sale; company reaffirms FY2025 EPS guidance

EVERSOURCE ENERGY

PURA rejected proposed sale of Aquarion Water Company to South Central Connecticut Regional Water Authority.
Eversource reaffirms 2025 non-GAAP recurring EPS guidance of $4.72-$4.80 and 5-7% CAGR from 2024 base.
Company evaluating regulatory and legal remedies; plans to file Aquarion rate case of $60-$70 million early 2026.
Issued $600M parent company debt earlier this year; FFO/debt metrics above downgrade thresholds.

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