Register with Bluefield for immediate, free access
to water market data and analysis.
Login

Eversource’s $1.68B Water Deal Indicates Renewed Convergence of U.S. Critical Infrastructure

08 June 2017
Research Note

One 2 June 2017, Eversource Energy, New England’s largest energy provider, announced plans to acquire Aquarion Water, the region’s largest private water company for $1.68 billion. The two companies share a three-state service territory– Connecticut, Massachusetts and New Hampshire.

This deal highlights the growing interest of critical infrastructure providers in water. Consolidation of gas, power, and water assets is not a new phenomenon, but, given the state of municipal water infrastructure, investor-owned gas and power utilities like Liberty Utilities and People’s Natural Gas are exploring opportunities for portfolio diversification.

For more analysis, see our new report on water mergers and acquisitions.

 

Takeaways

  • Eversource secures solid beachhead with new water market entry.
  • Emerging trends of diversified IOUs rolling-up critical infrastructure assets.
  • Eversource poised to build on new water footprint.

Companies Mentioned

// // // // // // // // // // // // // // // // // // // // // // // //

Related Bluefield Analysis

U.S. Private Water Utilities: Market Trends, Strategies, and Opportunities, 2016 Private water utilities, currently accounting for 15% of the U.S. water market, are poised to take on a much greater role. Deteriorating water infrastructure is putting pressure on municipalities and public water utilities to lean more heavily on private participation, including management contracts...
U.S. Private Water Market: Opportunities & Strategies, 2014 U.S. private water markets are poised for significant growth. With an infrastructure investment gap of more than US$500 billion for drinking water and wastewater treatment over the next twenty years, a revised regulatory landscape is shaping new opportunities for private players looking to invest st...
U.S. Investor-Owned Utilities M&A Update: 2013 – Q3 2016 The highly fragmented U.S. water landscape continues to evolve with  investor-owned utilities scaling their positions through mergers & acquisitions (M&A). Central to this evolution are municipalities, and private water system owners seeking alternative solutions to confront rising capital a...

$250

Interested in becoming a client?

Learn more about our services »

Contact us »

Share with colleagues





WATEC Israel 2017
(Tel Aviv, September 12-14)

Porto Water Innovation Week 2017
(Porto, Portugal, September 24-30)

03 Aug 2017 U.S. water industry trickles toward Wall Street

28 Jul 2017 Atlantic City Activists Scored a Victory for Public Water