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Eversource Surges on Plans to Shed Water, Offshore-Wind Assets - Vimarsana News

Eversource Surges on Plans to Shed Water, Offshore-Wind Assets

(Bloomberg) -- Eversource Energy surged the most in almost four years after announcing plans to exit the offshore-wind and water businesses, moves aimed at refocusing on its core business of delivering electricity and natural gas to customers in the US Northeast. Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereWall Street Regains Footing After CPI-Fueled Rout: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillDemocrat Suozzi Wins Back NY House Seat

Source: yahoo.com
Orsted Partner to Sell Wind Farms, Take $1.6 Billion Charge - Vimarsana News

Orsted Partner to Sell Wind Farms, Take $1.6 Billion Charge

(Bloomberg) -- Eversource Energy is in advanced talks to unload its share in three offshore wind projects that it planned to build with Orsted A/S, and will take a fourth-quarter charge of as much as $1.6 billion.Most Read from BloombergIPhone Survives 16,000-Foot Fall, Helps Steer Jet-Panel HuntBoeing Slumps After Panel Blowout Leads to Partial 737 GroundingMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysChinese Billionaire Is Second-Biggest Foreign Owner of US LandEmirates’ Clark Says

Source: yahoo.com