Sale of Aquarion to CT RWA would be ‘a costly loser,’ Tong says

Sale of Aquarion to CT RWA would be ‘a costly loser,’ Tong says

Attorney General William Tong urged state regulators on Friday to block the proposed sale of the Aquarion Water Company to a quasi-public utility, the South Central Connecticut Regional Water Authority. The proposed sale, worth $2.4 billion, was announced in January by Aquarion’s owner, Eversource, and is currently under review by the Public Utilities Regulatory Authority. In his comments on Friday, Tong echoed the concerns of other critics of t…