Connecticut Approves $2.4B Aquarion Water Sale

0:00It's March 25th. Welcome in. This is Hartford News today, where local news meets AI. Regulators in Connecticut just greenlit the sale of Aquarian Water Company to a new non-profit quasi-public authority for $2.4 billion. The Public Utilities Regulatory Authority voted 3-0 on Wednesday to approve the transfer from Ever Source Energy to the Aquarian Water Authority, which is tied to the South Central Connecticut Regional Water Authority. This reverses their denial from four months earlier, following a January court ruling that sent the case back for review. The move faced heavy pushback from towns like Fairfield and Westport, consumer groups, the attorney general who warned of higher costs for families, and even 32 state lawmakers urging a delay. Aquarian serves 226,000 customers, marking the biggest water utility shift in the state in decades, paving the way for the deal to close