Maine power line interruptions spark legal battle between Hydro Quebec, Mass. utilities

Eversource Energy (ES) anticipates over $1B in cash recovery and new growth opportunities in Connecticut. The company expects a stable regulatory environment and is optimistic about a pending rate case. Eversource's capital plan totals $26.5B, with potential additional investments in advanced metering and renewable projects. The company awaits a FERC rate decision and is not pursuing data-center load, focusing instead on electrification and reducing LNG dependence.

Eversource Energy (ES), a large-cap utility company, has underperformed the Dow Jones Industrial Average, with shares down 11.3% from its 52-week high and up only 7% over the past year. Q2 2026 earnings fell to $53.7 million due to charges related to the Aquarion Water sale and offshore wind liabilities. Analysts have a 'Hold' consensus rating with a mean price target of $73.50, an 8.3% premium to current levels.

New England states and groups oppose NextEra Energy's $67B acquisition of Dominion Energy, citing concerns over energy costs and market power. Regulators and entities, including Eversource Energy, are reviewing the merger, which would consolidate two major nuclear plants in the region. Critics allege NextEra's past actions delayed a transmission line project, increasing costs for Massachusetts ratepayers.

Fujiyama Power Systems, trading as UTL Solar, hit a record ₹431.25 on the BSE, up 5% intraday, after reporting Q1FY27 (June 2026) operational strength. Revenue from operations rose 125.3% YoY to ₹1,345.7 crore, EBITDA rose 140.6% to ₹254.8 crore, margin to 18.9%. Motilal Oswal reiterated BUY, target ₹470.

Unitil’s Q2 2026 earnings call covered results and guidance. The company reported adjusted net income of $5.2 million, or $0.29 per share, for Q2, and $39 million, or $2.17 per share, for the first half. Unitil reaffirmed 2026 earnings guidance of $3.20 to $3.36 per share (midpoint $3.28). It also discussed closing Aquarion NH water acquisitions on June 30 for $55.8 million and AMI meter replacement plans.

Unitil (NYSE:UTL) reported first-half gas adjusted gross margin up 13.5% to $122.7 million, citing Maine Natural Gas and colder weather. It added about 6,600 gas customers, mainly from the Maine Natural Gas acquisition. Unitil closed a $55.8 million New Hampshire water deal, expects it neutral to EPS in 2026, and is pursuing rate cases and a $1.2 billion capital plan through 2030.