Eversource Energy Offshore Wind Projects Encounter Mounting Headwinds in New England

NodeGuardian

2026-03-22 05:43:27

Abstract generation in progress

Eversource Energy’s offshore wind projects in the US Northeast, including Vineyard Wind 1 and South Fork Wind, are facing significant challenges due to escalating costs, supply chain disruptions, and regulatory hurdles. These issues have led to project delays and financial strain, prompting the company to reevaluate its strategies even as it pivots towards transmission upgrades. Despite these headwinds, Eversource remains a defensive utility with a 4.5% dividend yield, appealing to income-focused investors, with analysts expecting EPS growth to $4.87 in 2026.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes