Eversource Energy (ES) remains a focal point in the utilities market following various events and investment forecasts. Its recent $599M bond sale is set to contribute towards the company's
grid modernization strategy, creating interest for both current and prospective investors. The bond sale alongside the company's
shift in capital strategy indicate a strong focus on future energy needs, with the company overhauling its infrastructure to accommodate innovative technologies.
Analyst upgrades following the bond sale have brought attention to the companyβs strong
dividend performance, making ES a valuable prospect for dividend-based portfolios. A potential US$12 billion cut in clean energy funding, has initiated conversations about the future of Eversource Energy's long-term value. Yet, many investors still maintain a strong faith in ES's growth, with dividend yield and consistent valuation playing significant roles. The company has also seen its stock register steady gains over several days. However, significant offshore wind liabilities and a potential exit from the
offshore wind sector suggest challenges ahead. Despite this, the
anticipated easing of regulatory risks will likely enhance the company's prospects. The issuance of $600 million senior notes further underscores its financing strategy.
Eversource Energy ES News Analytics from Thu, 09 Jan 2025 08:00:00 GMT to Sat, 25 Oct 2025 22:34:46 GMT -
Rating 4
- Innovation 5
- Information 6
- Rumor -3