Eversource Energy (STU:NWJ) Construction In Progress : €2,879 Mil (As of Mar. 2024)

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What is Eversource Energy Construction In Progress?

Eversource Energy's quarterly construction in progress declined from Sep. 2023 (€3,064 Mil) to Dec. 2023 (€2,817 Mil) but then increased from Dec. 2023 (€2,817 Mil) to Mar. 2024 (€2,879 Mil).

Eversource Energy's annual construction in progress increased from Dec. 2021 (€1,784 Mil) to Dec. 2022 (€2,318 Mil) and increased from Dec. 2022 (€2,318 Mil) to Dec. 2023 (€2,817 Mil).

Eversource Energy Construction In Progress Historical Data

The historical data trend for Eversource Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eversource Energy Construction In Progress Chart

Eversource Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,561.14

1,524.32

1,783.63

2,317.99

2,816.75

Eversource Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															2,453.53	2,649.93	3,064.46	2,816.75	2,878.86

Eversource Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Eversource Energy (STU:NWJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Eversource Energy (STU:NWJ) » Definitions » Construction In Progress

Comparable Companies

PPL FE AEE DTE ETR CNP CMS WEC EIX AGR NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

ES:USA 1ES:Italy NWJ:Germany E1SE34:Brazil

Address

300 Cadwell Drive, Springfield, MA, USA, 1104

Website

https://www.eversource.com

Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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