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PURA rejects Aquarion Water sale
Public Utilities Regulatory Authority (PURA) unanimously denied the proposed sale of Aquarion Water Company to the South-Central Connecticut Regional Water Authority. Commissioners said the deal was not good for consumers.
Eversource wanted to sell Aquarion Water Co., which serves nearly 1 million people in the state, to a new quasi-public entity called the Aquarion Water Authority, but local leaders said the sale was flooded with concerns.