PURA rejects proposed sale of Eversource's water company

The Public Utilities Regulatory Authority (PURA) rejected Eversource’s proposed sale of Aquarion to the Southwestern Connecticut Regional Water Authority on Wednesday. PURA voted 4-0 against the $2.4 billion sale, supporting a ruling that determined the structure of a new Aquarion Water Authority would not serve the best interest of customers. “Moving forward, I urge all stakeholders to engage constructively and...