Management reaffirmed its projection for long-term EPS growth through 2029, targeting a 5-7% growth rate. This indicates confidence in the company's strategic initiatives and future performance.

Eversource has entered into an agreement to sell its Aquarion water distribution business for approximately $2.4 billion. This strategic decision will allow the company to focus on its core energy delivery operations.

Capital expenditures are focused on maintaining and improving infrastructure and operations, including enhancing reliability to the transmission and distribution systems. This demonstrates a commitment to providing safe and reliable service.

Improvement in regulatory recoveries was driven primarily by the timing of collections for CL&P's non-bypassable FMCC and the SBC regulatory tracking mechanisms. This demonstrates effective management of regulatory processes.

Investments in property, plant, and equipment totaled $1.01 billion, demonstrating a commitment to maintaining and improving the company's infrastructure. These investments are crucial for long-term reliability and efficiency.

Transmission projects are designed to improve the reliability of the electric grid, meet customer demand for power, and strengthen the electric grid's resilience against extreme weather and other safety and security threats. This demonstrates proactive risk management.

There is significant uncertainty regarding the applicability of the FERC order in the MISO transmission owners' two complaint cases to the NETOs' pending four complaint cases due to the complex differences between the cases.

Eversource may have potential liability related to former manufactured gas plant (MGP) sites, with reserve balances related to these sites totaling $132.8 million and $115.9 million as of March 31, 2025 and December 31, 2024, respectively.

Eversource recorded a contingent liability of $365 million as of March 31, 2025 and December 31, 2024, reflecting its estimate of the future obligations under the GIP sale terms, which include the expected cost overrun sharing obligation, expected obligation to maintain GIP's internal rate of return, and obligation for other future costs.

Eversource provides energy delivery and/or water service to approximately 4.6 million electric, natural gas and water customers through twelve regulated utilities in Connecticut, Massachusetts and New Hampshire.

Eversource's utility subsidiaries' electric, natural gas and water distribution and transmission businesses are subject to rate-regulation that is based on cost recovery and meets the criteria for application of accounting guidance for entities with rate-regulated operations.

Eversource has an active environmental auditing and training program and each believes it is substantially in compliance with all enacted laws and regulations.

Eversource has implemented cost management initiatives targeting $100M in annual savings. These initiatives are expected to improve operational efficiency and profitability.

Eversource's regulated companies recover their electric, natural gas and water distribution construction expenditures as the related project costs are depreciated over the life of the assets.

Eversource regularly reviews performance risk under these guarantee arrangements, and believes the likelihood of payments being required under the guarantees is remote.

Eversource continues to invest in AMI to improve operational efficiency and customer service. AMI provides more accurate and timely data, enabling better grid management and customer engagement.

Eversource is focused on cybersecurity to protect proprietary information and the personal information of customers.

Eversource is in the process of implementing Smart Grid to improve operational efficiency and reduce costs.

Capital expenditures are primarily for continuing projects to maintain and improve infrastructure and operations, including enhancing reliability to the transmission and distribution systems.

In the first quarter of 2025, Eversource issued $1.20 billion of new long-term debt and repaid $300 million of long-term debt.

On May 1, 2025, our Board of Trustees approved a common share dividend payment of $0.7525 per share, payable on June 30, 2025 to shareholders of record as of May 15, 2025.

Eversource, CL&P, NSTAR Electric and PSNH are subject to environmental laws and regulations intended to mitigate or remove the effect of past operations and improve or maintain the quality of the environment.

Eversource, CL&P, NSTAR Electric and PSNH have an active environmental auditing and training program and each believes it is substantially in compliance with all enacted laws and regulations.

Energy Efficiency Programs expense includes costs of various state energy policy initiatives and expanded energy efficiency programs that are recovered from customers in rates, most of which have no impact on earnings.

Weather, fluctuations in energy supply rates, conservation measures (including utility-sponsored energy efficiency programs), and economic conditions affect customer energy usage and water consumption.

Eversource's utility companies are subject to rate regulation that is based on cost recovery and meets the criteria for application of accounting guidance for rate-regulated operations.

Changes in economic conditions, including impact on interest rates, tax policies, tariffs, and customer demand and payment ability.