Eversource Energy (NYSE:ES) Q3 2023 Earnings Call Transcript November 8, 2023 9:00 AM ET

Company Participants

Robert Becker - Investor Relations Director

Joseph Nolan - Chairman, President and Chief Executive Officer

John Moreira - Executive Vice President and Chief Financial Officer

Conference Call Participants

Shahriar Pourreza - Guggenheim Partners

Steve Fleishman - Wolfe Research

David Arcaro - Morgan Stanley

Nicholas Campanella - Barclays

Durgesh Chopra - Evercore ISI

Jeremy Tonet - JP Morgan

Anthony Crowdell - Mizuho

Julien Dumoulin-Smith - Bank of America

Travis Miller - Morningstar

Operator

Hello, and welcome to the Eversource Energy Q3 2023 Earnings Call. My name is Alex, and I'll be coordinating the call today. [Operator Instructions]

I'll now hand over to your host, Bob Becker, Director for Investor Relations. Please go ahead.

Robert Becker

Good morning, and thank you for joining us. I'm Bob Becker, Eversource Energy's Director for Investor Relations. During this call, we'll be referencing slides we posted on our website. And as you can see on Slide 1, some of the statements made during this investor call may be forward-looking. These statements are based on management's current expectations and are subject to risk and uncertainty, which may cause the actual results to differ materially from forecasts and projections. We undertake no obligation to update or revise any of these statements. Additional information about the various factors that may cause actual results to differ, and our explanation of non-GAAP measures and how they reconcile to GAAP results, is contained within our news release, the slides we posted this morning, and in our most recent 10-K and 10-Q.

Speaking today will be Joe Nolan, our Chairman, President, and Chief Executive Officer; and John Moreira; our Executive Vice President and CFO. Also joining us today is Jay Buth, our Vice President and Controller.

Now I will turn the call over to Joe.

Joseph Nolan

Thank you, Bob, and thank you, everyone, for joining us on this call this morning. I look-forward to our conversation today, and to seeing many of you at the EEI Conference next week. First, let me start with the topic that I'm certain is top of mind to all of you, which is an update on the sale of our Offshore Wind investment. We are very pleased to have closed the sale of our 50% stake in the uncommitted lease area to Orsted in September, along with our South Fork Wind tax equity investment. We are delighted to have these transactions behind us.