Eversource Energy - Company Profile
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Eversource Energy (Eversource) is an energy holding company. The company distributes and transmits electricity and supplies natural gas and water. The company sources water from owned surface water reservoirs and groundwater wells and purchases water from other water suppliers. It procures electricity through short-term and spot purchases in the New England wholesale power market. Eversource also offers energy conservation and management solutions through interactive planning tools, energy saving tips, and energy usage information; and electric vehicle charging services. The company serves residential, commercial, industrial, municipal and fire protection and other customers in Connecticut, Massachusetts, and New Hampshire. Eversource is headquartered in Springfield, Massachusetts, the US.
Eversource Energy premium industry data and analytics
Products and Services
Products | Services |
---|---|
Products | Services |
Electricity | Electricity Transmission |
Natural Gas | Energy Conservation and Management |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company entered into an agreement to sell a 50% stake in the 924MW Sunrise Wind project to Orsted. |
2024 | Contracts/Agreements | In February, the company entered an agreement with Global Infrastructure Partners to sell its 50% ownership share in South Fork Wind and Revolution Wind. |
2024 | Contracts/Agreements | In February, the company and Orsted were chosen by the state of New York to engage in negotiations for a 25-year agreement regarding their Sunrise Wind offshore wind farm. |
Competitor Comparison
Key Parameters | Eversource Energy | Edison International | Dominion Energy Inc | Xcel Energy Inc | Public Service Enterprise Group Inc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Springfield | Rosemead | Richmond | Minneapolis | Newark |
State/Province | Massachusetts | California | Virginia | Minnesota | New Jersey |
No. of Employees | 10,171 | 14,316 | 17,700 | 11,311 | 12,543 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Joseph R. Nolan, Jr. | President; Chairman; Chief Executive Officer | Executive Board | 2020 | 59 |
Philip J. Lembo | Executive Vice President; Chief Financial Officer | Senior Management | 2016 | - |
Werner J. Schweiger | Chief Operating Officer; Executive Vice President | Senior Management | 2014 | 63 |
Jay S. Buth | Controller; Chief Accounting Officer; Vice President | Senior Management | - | 53 |
Christine M. Carmody | Executive Vice President - Human Resources and Information Technology | Senior Management | 2016 | 60 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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