From Nasdaq: 2025-03-31 10:00:00

Eversource Energy plans to invest $24.2 billion in capital projects by 2029 to enhance its transmission and distribution infrastructure. The company aims to strengthen service reliability and expand its renewable operations. However, risks from third-party performance and regulatory challenges remain.

Eversource’s strategic investments will focus on electric and natural gas distribution networks, transmission segments, and clean energy projects. With a systematic approach, the company plans to replace aging infrastructure, develop substations, and invest in clean energy initiatives. These investments align with clean energy goals and support electrification plans in New England.

Other utility companies like FirstEnergy, Dominion Energy, and Exelon Corporation are also prioritizing infrastructure investments to enhance service reliability and customer experience. Dominion Energy plans to invest $52.3 billion by 2029, while Exelon Corporation is set to spend $38 billion on regulated utility operations. These initiatives aim to meet growing customer needs and improve grid reliability.

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Read more at Nasdaq: Eversource Rides on Strategic Investments & Renewable Expansion