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Eversource Energy Records $1.95 Billion After-Tax Offshore Wind Impairment, Projects 5-7% EPS Growth from Utilities

ES10-KFiling Date: 2/14/2024
Eversource Energy
Description

What this story covers

Eversource Energy reported a 1 point 95 billion dollars after-tax offshore wind impairment, leading to a 2023 net loss. Its core utility businesses showed non-GAAP earnings growth and project 5-7 percent EPS growth through 2028, with plans to divest offshore wind and explore selling its water business.

Story snapshot

CompanyEversource Energy
TickerES
VariantStandard detailed
Duration27:27
Filing type10-K
PeriodAnnual 2023
IndustryUtilities
Accession0000072741-24-000005

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