Eversource Energy: Can Its Approval & Integration of Advanced Metering Infrastructure (AMI) Be A Game Changer? 

Eversource Energy’s third-quarter performance highlights several significant developments, indicative of its strategic direction and financial adjustments. Primarily, the company has exited the offshore wind development sector, selling its stakes in Revolution Wind and South Fork Wind to Global Infrastructure Partners. This divestiture marked Eversource’s evolution into a regulated pure[1]play utility focusing on electric, natural gas, and water services. The exit from the offshore wind market appears driven by the complexity and challenges inherent in such projects, despite Eversource’s initial role in advancing wind energy in New York and New England.