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Eversource records $75mn charge after revised offshore wind liabilities

Eversource Energy posts a one-time $75mn charge linked to unforeseen costs in the Revolution Wind project, while tightening its 2025 earnings forecast.

Eversource records $75mn charge after revised offshore wind liabilities

CountriesÉtats-Unis
CompaniesGlobal Infrastructure Partners, Bureau of Ocean Energy Management
SectorÉnergie Éolienne, Offshore
ThemeMarchés & Finance, Résultat

Eversource Energy has reported a one-time after-tax charge of $75mn in the third quarter of 2025, following a $285mn increase in liabilities associated with the sale of its South Fork Wind and Revolution Wind offshore wind projects to Global Infrastructure Partners (GIP). This charge is partially offset by a $210mn federal tax benefit resulting from losses on the asset sales.

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Énergie Éolienne