Eversource Energy (d/b/a) · NYSE:ES

Eversource Energy (d/b/a) — Eversource Energy — Q2 2019 Earnings Presentation

7 slides from Eversource Energy (d/b/a)'s earnings presentation, Jul 31, 2019

  1. Slide 1: Safe Harbor Statement

    Safe Harbor Statement 1 All per-share amounts in this presentation are reported on a diluted basis. The only common equity securities that are publicly traded are common shares of Eversource Energy. The earnings and EPS of each business do not represent a direct legal interest in the assets and liab

  2. Slide 2: Second Quarter and First Half 2019 EPS Results

    2 2Q 2019 2Q 2018 2Q Change 1H 2019 1H 2018 1H Change $0.33 $0.32 $0.01 $0.71 $0.65 $0.06 0.37 0.35 0.02 0.74 0.69 0.05 0.00 0.02 (0.02) 0.23 0.20 0.03 0.02 0.02 0.00 0.03 0.03 0.00 0.02 0.05 (0.03) 0.00 0.04 (0.04) 0.74 0.76 (0.02) 1.71 1.61 0.10 (0.64) 0.00 (0.64) (0.64) 0.00 (0.64) $0.10 $0.76 $(

  3. Slide 3: Development of Eversource Battery Storage Projects Across All Three States

    3 Development of Eversource Battery Storage Projects Across All Three States NH MA CT Westmoreland, NH 1.7 MW / 7.1 MWh Reliability and resiliency on rural circuit Peak shaving Defer construction of distribution line Currently before the NHPUC Outer Cape, MA 25 MW / 38 MWh - $40M Reliability and res

  4. Slide 4: 2019 Financing Activity

    2019 Financing Activity 4 $1.3 billion of equity closed in June. Two-thirds of nearly 18 million shares subject to one-year forward sale arrangement Approximately 750,000 treasury shares issued through 7/31/19 to fund dividend reinvestment, 401(k) match, and employee incentive plans In April, CL&P i

  5. Slide 5: Expected Timeline for Major Eversource-Ørsted Projects

    South Fork Wind Revolution Wind Sunrise Wind Size 130 MW 704 MW 880 MW Construction Operation Plan Filing with BOEM Already filed Late 2019/Early 2020 2020 Construction to Begin 2021 2021 2022 Commercial Operation End of 2022 2023 2024 5 Expected Timeline for Major Eversource-Ørsted Projects

  6. Slide 6: Status of Offshore Wind RFPs

    Status of Offshore Wind RFPs Massachusetts: 1,600 MW authorized by legislation in 2016 6 Second solicitation for 400-800 MW issued in May; bids currently due in August; awards in November Legislature has instructed the DOER to evaluate raising total authorization to 3,200 MW Report recommends moving

  7. Slide 7: Status of Offshore Wind RFPs

    ___90000090809000000000) Status of Offshore Wind RFPs New York: NY State Energy Research & Development Authority awarded 880 MW to Sunrise Wind on July 18 > _ Eversource-@rsted 50-50 partners with Con Ed, NYPA potentially partnering on transmission. Project expected to be in service in 2024 > NY has

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