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There are clear benefits associated with using a Robo-Advisor such as Smart Auto-Trading to help you reach your financial goals. Smart Auto-Trading simplifies stock investing down to a few easy steps. It auto-trades for you, using your personalized strategy, while you attend more important life events.

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Disclaimer: Past performance may not be indicative of future results. Therefore, you should assume that the future performance of any specific investment, investment strategy (including robo-strategies), or product made in reference directly or indirectly on this website, will be profitable or equal to corresponding indicated performance levels. Robot-Advisors like other investment methods rely on favorable market conditions to provide positive outcomes.


Eversource Energy acquires Acquarion water company with customers in Massachusetts, Connecticut, and New Hampshire

New England's largest energy company is now the owner of New England's largest private water company.

Eversource Energy announced Monday it had closed an a $1.675 billion deal to acquire Acquarion Water Co., based in Bridgeport, Connecticut. Eversource spent $880 million in cash and assumed $795 million in debt. The merger was first announced in June.

Eversource provides gas and electricity to 3.7 million customers in Connecticut, Massachusetts and New Hampshire. Aquarion provides nearly 230,000 customers with drinking water in the same states.

Aquarion, since 2007 owned by Macquarie Infrastructure Partners, "will remain a locally owned company with access to the resources it will need for investments to ensure ongoing reliability and customer service," said Eversource president and CEO Jim Judge in a release.

The office of Attorney General Maura Healey had opposed the merger, saying the petitioners failed to demonstrate customer benefit. "Rather, there will be a net cost to consumers," Healey's office stated in an Oct. 20 brief.

The Department of Public Utilities rejected Healey's arguments, and agreed on Nov. 28 that the merger would benefit water ratepayers. In Massachusetts, Acquarion serves nearly 20,000 customers in Hingham, Hull, North Cohasset, Millbury, and Oxford.

The transaction required approval from utility regulators in Connecticut, Massachusetts, and New Hampshire. It also required U.S. Justice Department review under the Hart-Scott-Rodino Act, and approval from the Federal Communications Commission because of radio licenses held by Acquarion.

"We have worked hard to be there when our customers need us for gas and electricity," said Judge. "By joining with Aquarion we are excited to add clean water to that commitment to a clean, sustainable future."

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