Eversource acquires Mystic Property from Constellation Energy, no terms

With a focus on helping to enable Massachusetts’ unprecedented clean energy transition while ensuring safe, reliable service for customers across New England, Eversource (ES) has acquired a 26-acre portion of the Mystic property from Constellation Energy (CEG). Eversource has not developed specific plans for the site at this time, but its strategic location, historic use, and existing infrastructure uniquely position it as a potential multi-use energy interconnection hub for large-scale renewable energy sources – including onshore or offshore wind, hydro, battery storage and nuclear among others – with the capacity to support electrification and meet the reliability needs for major energy users in the region. Over the coming year, Eversource will collaborate closely with Massachusetts and Everett officials and other stakeholders to develop a plan for the property, which is adjacent to the site of the proposed soccer stadium in Everett, to improve electric reliability in New England while also helping to advance Massachusetts’ electrification and decarbonization goals.