Bridgeport Celebrates PURA’s Decision To Deny The Sale Of Aquarion Water Company

Bridgeport Celebrates PURA’s Decision To Deny The Sale Of Aquarion Water Company

"PURA's decision to deny the sale of Aquarion Water Company is a huge win for the City of Bridgeport." — Mayor Joe Ganim

CT regulatory agency kills $2.4B sale of water company amid broad political concerns

“This deal was a costly loser for Connecticut families and PURA was right to reject it,” said Attorney General William Tong.

PURA rejects proposed sale of Eversource's water company

The Public Utilities Regulatory Authority (PURA) rejected Eversource’s proposed sale of Aquarion to the Southwestern Connecticut Regional Water Authority on Wednesday. PURA voted 4-0 against the $2.4 billion sale, supporting a ruling that determined the structure of a new Aquarion Water Authority would not serve the best interest of customers. “Moving forward, I urge all stakeholders to engage constructively and creatively about the stewardship …

PURA blocks sale of Aquarion Water following rate hike concerns

The unanimous vote followed months of criticism from opponents who said the deal could raise water rates for nearly 250,000 customers.

CT Officials Hail PURA Rejection Of $2.4B Aquarion Water Co. Sale

The plan had been widely opposed by Attorney General William Tong and a bipartisan coalition of state and local officials across Aquarion’s coverage area.

PURA denies sale of Aquarion Water Company

HARTFORD, Conn. (WTNH) -- The Public Utilities Regulatory Authority (PURA) voted Wednesday to reject the sale of Aquarion Water Company from Eversource Energy to the quasi-public entity Aquarion Water Authority. This comes after Connecticut's Attorney General William Tong, bipartisan mayors, and state legislators pushed back on the proposed sale. State officials warned the sale would cause [...]