Eversource Remains Committed to Its Compelling Proposal for Connecticut Water

HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) (“Eversource”) today commented that it remains committed to its previous proposal to acquire 100% of the shares of Connecticut Water Service, Inc. (Nasdaq: CTWS) (“Connecticut Water”) for $64.00 per share in cash and/or in Eversource common shares at the election of Connecticut Water shareholders. As previously disclosed, if Connecticut Water’s proposed transaction with SJW Group (NYSE: SJW) (“San Jose Water”) is terminated with no break fees payable by Connecticut Water, Eversource would increase its offer to $66.00 per share of Connecticut Water.