Eversource Completes Acquisition of Aquarion Water Company

Becomes the only U.S.-based energy company to also own a water
utility, serving nearly 4 million customers across New England

HARTFORD, Conn. & BOSTON–(BUSINESS WIRE)–Eversource achieved an important milestone today, closing on its
purchase of the Aquarion Water Company and in the process becoming the
only U.S.-based electric utility to also own a water utility. With all
required regulatory approvals now received, Aquarion becomes part of
Eversource, with nearly 4 million electric, natural gas and water
customers combined in Connecticut, Massachusetts and New Hampshire.

“We have worked hard to be there when our customers need us for gas and
electricity. By joining with Aquarion we are excited to add clean water
to that commitment to a clean, sustainable future,” said Eversource
Chairman, President and Chief Executive Officer Jim Judge. “As part of
Eversource, Aquarion will remain a locally-owned company with access to
the resources it will need for investments to ensure ongoing reliability
and customer service.”

“Our complementary business lines and shared commitment to operational
excellence bode very well for our customers and the communities we
serve,” said Aquarion President and Chief Executive Officer Charles V.
Firlotte. “At Aquarion, we’re very proud of the history of superior
customer satisfaction earned by our employees and we look forward to
growing it even further with the Eversource team.”

Aquarion is highly respected in the industry, with top customer
favorability ratings and an impressive team of more than 300 employees.
Eversource’s committed 8,000 employees work tirelessly every day to
provide sustainable energy solutions and power the possible for New
England, serving 3.7 million electric and natural gas customers in Connecticut,
Massachusetts and New Hampshire. Aquarion serves nearly 230,000
customers in the same
states. Aquarion will operate as a wholly-owned subsidiary of
Eversource.

About Eversource:
Eversource (NYSE: ES) transmits
and delivers electricity and natural gas and supplies water to
approximately 4 million customers in Connecticut, Massachusetts and New
Hampshire. Recognized as the top U.S. utility for its energy efficiency
programs by the sustainability advocacy organization Ceres, Eversource
harnesses the commitment of its more than 8,300 employees across three
states to build a single, united company around the mission of safely
delivering reliable energy and water with superior customer service. For
more information, please visit our website (www.eversource.com)
and follow us on Twitter (@EversourceCorp) and Facebook
(facebook.com/EversourceEnergy). For more information on our water
services, visit www.aquarionwater.com.

Contacts

Eversource
Media Inquiries:
Caroline Pretyman,
617-424-2460
[email protected]
or
Investor
Inquiries:
Jeff Kotkin, 860-665-5154
[email protected]
or
Aquarion
Water Company
Media Inquiries:
Peter Fazekas, 203-336-7651
[email protected]