ES · 8-K · 20261104PR122703
Revolution Wind Charge
EVERSOURCE ENERGY · 2026-11-04 · Importance 83 · Surprise 82 · In source text
Eversource recorded a $164.0 million after-tax charge, or $0.43 per share, in the first nine months of 2026 for increased expected future payments tied to its offshore wind divestiture. The liability relates to the September 30, 2024 sale of South Fork Wind and Revolution Wind. The comparable first-nine-month 2025 offshore wind charge was $75.0 million, making the 2026 charge $89.0 million higher.
Key facts
- Eversource's 2026 GAAP results included an after-tax charge of $164.0 million, or $0.43 per share, for increased expected future payments related to its offshore wind divestiture, including the September 30, 2024 sale of Revolution Wind. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -5.5% | Eversource's 2026 GAAP results included an after-tax charge of $164.0 million, or $0.43 per share, for increased expected future payments… |