HomeMarket News Eversource Energy's Multimillion-Dollar Deal in U.S....

Eversource Energy’s Multimillion-Dollar Deal in U.S. Offshore Wind Projects
Eversource Energy’s Multimillion-Dollar Deal in U.S. Offshore Wind Projects

Actionable Trade Ideas

always free

Wind turbine from aerial view, Drone view at windpark westermeerdijk a windmill farm in the lake IJsselmeer the biggest in the Netherlands,Sustainable development, renewable energy

fokkebok/iStock via Getty Images

Eversource Energy (NYSE:ES) revealed Tuesday its plans to divest its 50% stakes in the South Fork Wind and Revolution Wind projects off the northeast U.S. coast to Global Infrastructure Partners for approximately $1.1B in cash. This maneuver allows the company to pave its path out of the turbulent wind power industry.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.