Thu, Mar 27, 8:31 PM (29 days ago)
**Public Service Company of New Hampshire (PSNH) - Ticker: PSNH** **Financial Performance (Fiscal Year 2024):** - **Revenue:** Not explicitly stated. - **Net Income:** Not explicitly stated. - **Operating Expenses:** Not explicitly stated. - **Earnings Per Share (EPS):** Not explicitly stated. **Strategic Overview:** - PSNH Funding LLC 3 is a wholly-owned, bankruptcy-remote subsidiary of PSNH, which is a wholly-owned subsidiary of Eversource. - The company focuses on financial oversight, regulatory compliance, and financing activities. **Future Outlook:** - The company aims to maintain strong financial oversight and regulatory compliance. - No specific future outlook or growth strategies were explicitly stated. **Risk Factors:** - The Indenture Trustee, The Bank of New York Mellon, identified material noncompliance with one servicing criterion related to the timely remittance of amounts due to investors. - Remediation measures have been implemented to prevent future occurrences. **Financial Condition:** - The financial condition is not explicitly detailed, but the company appears to be focused on maintaining strong financial oversight and regulatory compliance. **Market Position Changes:** - No significant changes in market position were explicitly stated. **Key Personnel:** - Jay S. Buth: Vice President, Controller, and Chief Accounting Officer. - John M. Moreira: President, Chief Financial Officer, and Treasurer. - Emilie G. O’Neil: Assistant Treasurer. - Michelle A. Dreyer: Independent Manager. **Corporate Governance:** - Eversource has adopted a Code of Ethics for Senior Financial Officers and a Code of Business Conduct. - The company has not paid any compensation to its managers or executive officers, except for an annual independent manager fee of $2,500 paid to Corporation Service Company. **Note:** The document is a Form 10-K filing, which includes detailed financial information and operational updates. However, specific financial metrics such as revenue, net income, and EPS are not explicitly stated in the provided text.