Eversource Energy reports developments for a regulated utility holding company that transmits and delivers electricity and natural gas and supplies water in Connecticut, Massachusetts and New Hampshire. Recurring updates cover earnings by electric distribution, natural gas distribution, water distribution and parent-company activities, along with rate-case effects, infrastructure investment, financing actions and common-share dividends.
Company news also addresses capital plans for electric and gas distribution systems, reliability and storm-response investments, energy efficiency programs, and grid initiatives tied to clean-energy resources such as networked geothermal systems, solar, offshore wind, electric vehicles and battery storage.
Eversource Energy reported full-year 2021 earnings of $1,220.5 million, translating to $3.54 per share, slightly down from $3.55 in 2020. The fourth-quarter earnings were $306.7 million or $0.89 per share, up from $271.9 million or $0.79 per share in the previous year. Notable after-tax acquisition-related charges totaled $23.6 million for the year. The company anticipates 2022 earnings between $4.00 and $4.17 per share. Eversource aims for a 5-7% annual growth in earnings per share through 2026, with a focus on clean energy initiatives and operational efficiency.
Eversource Energy (NYSE: ES) has announced a conference call scheduled for February 17, 2022, at 8 a.m. Eastern Time. During the call, senior management will address the company's financial performance for 2021 and offer insights into the outlook for 2022. This live audio presentation will be available on the Eversource website in the Investors section. The company serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, focusing on providing reliable energy and water delivery while promoting a clean energy future.
The Board of Trustees of Eversource Energy (NYSE:ES) has approved a quarterly dividend of $0.6375 per share. This dividend will be payable on March 31, 2022, to shareholders of record as of the close of business on March 3, 2022. Eversource Energy, the largest energy delivery company in New England, serves approximately 4.4 million customers across Connecticut, Massachusetts, and New Hampshire, with around 344 million common shares outstanding.
The Board of Trustees of Eversource Energy (NYSE:ES) has declared a quarterly dividend of $0.6025 per share, with a payment date set for December 31, 2021. Shareholders on record as of the close of business on December 17, 2021 will be eligible. Eversource Energy serves approximately 4.3 million customers across electric, natural gas, and water sectors in Connecticut, Massachusetts, and New Hampshire, and has around 344 million common shares outstanding.
South Fork Wind, New York's first offshore wind farm, has achieved a major milestone by receiving its Record of Decision from the U.S. Department of the Interior's Bureau of Ocean Energy Management. This approval allows the project to move forward, with construction expected to start soon. The wind farm, a joint venture between Ørsted and Eversource, is designed to produce 132 megawatts of clean energy, powering approximately 70,000 homes on Long Island by late 2023. This project is anticipated to create jobs and is pivotal in advancing New York’s climate goals.
Willdan Group, Inc. (NASDAQ: WLDN) announced that Eversource will implement LoadSEER software in Massachusetts for enhanced load forecasting and grid planning. This enterprise software license enables Eversource to analyze distributed energy resource adoption and perform scenario analyses on grid impacts from electric vehicles and solar energy. LoadSEER's new data scrubber feature improves data accuracy, reducing processing costs. Willdan's support aims to improve grid reliability as energy patterns evolve. The press release highlights the software's potential for accurate forecasting and effective grid planning.
Eversource Energy (NYSE: ES) reported third-quarter earnings of $283.2 million, or $0.82 per share, down from $346.3 million, or $1.01 per share, in Q3 2020. For the first nine months of 2021, earnings totaled $913.8 million, or $2.65 per share, compared to $933.2 million, or $2.76 per share, last year. The results include acquisition-related charges and significant regulatory settlement costs that impacted earnings. Eversource reaffirmed its 2021 EPS projection of $3.81 to $3.93, with a long-term EPS growth rate of 5-7%. The company serves 4.3 million customers across New England.
Eversource Energy (NYSE: ES) will hold a conference call for financial analysts on November 3, 2021, at 9 a.m. Eastern Daylight Time. The call will focus on the company's financial performance through the third quarter of 2021. Interested parties can access the live webcast through the Investors section of the Eversource website. Eversource delivers electricity, natural gas, and water to approximately 4.3 million customers across Connecticut, Massachusetts, and New Hampshire and is recognized for its commitment to corporate citizenship and energy efficiency.
Eversource Energy (NYSE:ES) has declared a quarterly dividend of $0.6025 per share. This dividend is set to be paid on September 30, 2021, to shareholders on record as of September 16, 2021. The company is recognized as New England’s largest energy delivery firm, providing services to approximately 4.3 million customers across Connecticut, Massachusetts, and New Hampshire. Eversource boasts around 344 million common shares outstanding, underlining its significant presence in the energy sector.
Ørsted and Eversource have initiated the construction of the first American-made offshore wind substation for the South Fork Wind project off the coast of Long Island, New York. The 132-megawatt project will utilize a 1,500-ton substation built by Kiewit at its facility in Ingleside, Texas. Over 350 workers will be involved in the fabrication and installation process. This represents a significant advancement for the U.S. offshore wind supply chain, emphasizing local manufacturing and job creation. The substation's construction is set to be completed by spring 2023.