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Eversource Remains Committed to Its Compelling Proposal for Connecticut Water

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Notes concerns on the proposed San Jose Water takeover of
Connecticut Water

Continued participation in regulatory process will ensure
regulators have full information on the potential benefits of
Eversource's proposed transaction

Eversource Energy (NYSE:ES) ("Eversource") today commented that it
remains committed to its previous proposal to acquire 100% of the shares
of Connecticut Water Service, Inc. (NASDAQ:CTWS) ("Connecticut Water")
for $64.00 per share in cash and/or in Eversource common shares at the
election of Connecticut Water shareholders. As previously disclosed, if
Connecticut Water's proposed transaction with SJW Group (NYSE:SJW)
("San Jose Water") is terminated with no break fees payable by
Connecticut Water, Eversource would increase its offer to $66.00 per
share of Connecticut Water.

Any transaction for Connecticut Water must deliver value to each of its
constituents – shareholders, customers, employees, and the communities
in which it operates. Eversource's comprehensive and compelling proposal
includes a cash and/or share option for Connecticut Water shareholders,
a base-rate freeze for customers through 2022, the doubling of
Connecticut Water's charitable contributions to the communities it
serves, and the retention of key executives and employees, while being
EPS accretive to Eversource shareholders in the first full year
post-closing. The company remains committed to the merits of its
previous proposal, which would maintain a locally headquartered water
utility dedicated exclusively to providing communities in Connecticut
and other parts of New England with premier service quality and a highly
reliable water supply into the future.

Eversource notes that it has already been granted intervenor status by
the Connecticut Public Utilities Regulatory Authority and the Maine
Public Utilities Commission in relation to Connecticut Water's proposed
highly-leveraged takeover by San Jose Water, a California-based company
with no operations on the East Coast.

As a regulated public utility with significant financial strength and a
proud heritage of serving Connecticut for 150 years, Eversource has
serious concerns about the impact that the proposed San Jose Water
takeover may have on Connecticut Water customers, communities, and
employees. Eversource's continued participation in the regulatory review
process will ensure that the regulators have full information to assess
the San Jose Water takeover and what it means for these constituencies.

About Eversource:
Eversource (NYSE:ES) transmits
and delivers electricity and natural gas and supplies water to
approximately 4 million customers in Connecticut, Massachusetts and New
Hampshire. Recognized as the top U.S. utility for its energy efficiency
programs by the sustainability advocacy organization Ceres, Eversource
harnesses the commitment of its more than 8,000 employees across three
states to build a single, united company around the mission of safely
delivering reliable energy and water with superior customer service. For
more information, please visit our website (
www.eversource.com).
For more information on our water services, visit
www.aquarionwater.com.

Forward Looking Statements:
This news release
includes statements concerning Eversource Energy's ("Eversource")
expectations, beliefs, plans, objectives, goals, strategies, assumptions
of future events, future financial performance or growth and other
statements that are not historical facts. These statements are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. In some cases, readers can
identify these forward-looking statements through the use of words or
phrases such as "estimate," "expect," "anticipate," "intend," "plan,"
"project," "believe," "forecast," "should," "could" and other similar
expressions. Forward-looking statements are based on current
expectations, estimates, assumptions or projections and are not
guarantees of future performance. These expectations, estimates,
assumptions or projections may vary materially from actual results.
Accordingly, any such statements are qualified in their entirety by
reference to, and are accompanied by important factors that could cause
our actual results to differ materially from those contained in our
forward-looking statements, including, but not limited to, in the case
of Eversource's proposal to acquire Connecticut Water, the fact that we
may fail to reach agreement on terms of a potential transaction with
Connecticut Water, or fail to complete any such transaction on a timely
basis or on favorable terms; the negative effects on Connecticut Water's
business resulting from the pendency of the merger proposals; that we
may not receive regulatory approvals within the expected timeframe; that
we may not be able to close the proposed transaction with Connecticut
Water promptly and effectively, or at all; cyber-attacks or breaches,
including those resulting in the compromise of the confidentiality of
our proprietary information and the personal information of our
customers; acts of war or terrorism or grid disturbances that may
disrupt our transmission and distribution systems; ability or inability
to commence and complete our major strategic development projects and
opportunities; actions or inactions of local, state and federal
regulatory, public policy and taxing bodies; substandard performance of
suppliers; climate change; disruption to our transmission and
distribution systems; new technology and conservation of energy;
contamination or failure of our water supplies; unauthorized access to
confidential and proprietary information; changes in laws, regulations
or regulatory policy; changes in economic conditions, including impact
on interest rates, tax policies, and customer demand and payment
ability; changes in business conditions, which could include disruptive
technology related to our current or future business model; changes in
weather patterns, including extreme weather and other effects of climate
change; reputational risk; changes in levels or timing of capital
expenditures; technological developments and alternative energy sources;
disruptions in the capital markets or other events that make
Eversource's access to necessary capital more difficult or costly;
developments in legal or public policy doctrines; changes in accounting
standards and financial reporting regulations; actions of rating
agencies; and other presently unknown or unforeseen factors.

Other risk factors are detailed in Eversource's reports filed with
the Securities and Exchange Commission (SEC) and updated as necessary,
and are available on the SEC's website at
www.sec.gov.
All such factors are difficult to predict and contain uncertainties that
may materially affect Eversource's actual results, many of which are
beyond our control. You should not place undue reliance on the
forward-looking statements; each speaks only as of the date on which
such statement is made, and, except as required by federal securities
laws, Eversource undertakes no obligation to update any forward-looking
statement or statements to reflect events or circumstances after the
date on which such statement is made or to reflect the occurrence of
unanticipated events.

Certain Information Regarding Participants:
Eversource and
certain of its trustees, executive officers and employees may be deemed
participants in the solicitation of proxies from Connecticut Water
shareholders in connection with Connecticut Water's Special Meeting of
Shareholders. Information about the interests in Connecticut Water of
Eversource and such trustees, executive officers and employees is set
forth in the preliminary proxy statement that was filed with the SEC on
July 18, 2018 (the "Eversource Proxy").

Additional Information:
Investors are urged to
read in its entirety the Eversource Proxy, which is available now, and
any other relevant documents filed with the SEC when they become
available, because they contain (or will contain) important information.
The Eversource Proxy, and any other documents filed by Eversource with
the SEC, may be obtained free of charge at the SEC web site at
www.sec.gov.

This document shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be any
sale of securities in any jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration or qualification under
the securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the requirements
of Section 10 of the U.S. Securities Act of 1933, as amended. This
communication relates to a proposal that Eversource has made for a
business combination transaction with Connecticut Water. In furtherance
of this proposal and subject to future developments, if Eversource and
Connecticut Water agree on a negotiated transaction, Eversource and
Connecticut Water may file one or more registration statements, tender
offer statements, prospectuses, proxy statements or other documents with
the SEC. This communication is not a substitute for any registration
statement, tender offer statement, prospectus, proxy statement or other
document Eversource and/or Connecticut Water file with the SEC in
connection with the proposed transaction. Investors are urged to read
carefully the registration statement(s), tender offer statement(s),
prospectus(es), proxy statement(s) and other documents filed with the
SEC when they become available because they will contain important
information about Eversource, Connecticut Water and the proposed
transaction. Investors may obtain free copies of these documents (when
they are available) and other related documents filed with the SEC at
the SEC's web site at 
www.sec.gov
or by directing a request to Eversource's Investor Relations department
at (860) 665-5154 or by email to 
jeffrey.kotkin@eversource.com.

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