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  • 5/24/17
    (May 24, 2017 – Newark, NJ) – Public Service Enterprise Group (NYSE:PEG) subsidiary company, PSEG Power, today reported its results from the PJM Capacity Auction for the planning year 2020/2021. The company cleared approximately 7,800 megawatts (MWs) at a weighted average clearing price of $174 per megawatt-day. This was the first planning year that all capacity clearing the auction had to meet PJM’s capacity performance requirements.About PSEG:PSEG Power LLC is an independent power producermore...
  • 5/4/17
    Public Service Enterprise Group (PSEG), will participate in the following events during the month of May, 2017:           May 16, 2017 – Dan Cregg, Executive Vice President and Chief Financial Officer of PSEG, will participate in investor meetings at the Deutsche Bank Clean Tech Utility & Power Conference in New York.           May 21 – 23, 2017 – Dan Cregg, Executive Vice President and Chief Financial Officer of PSEG, willmore...
  • 4/28/17
    (April 28, 2017 – Newark, NJ) Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the first quarter of 2017 of $114 million, or $0.22 per share as compared to Net Income of $471 million, or $0.93 per share, in the first quarter of 2016. Non-GAAP Operating Earnings for the first quarter of 2017 were $466 million, or $0.92 per share, compared to non-GAAP Operating Earnings for the first quarter of 2016 of $463 million, or $0.91 per share. Net Income for the first quarter ofmore...
  • 4/18/17
    (April 18, 2017 – Newark, N.J.) – Public Service Enterprise Group’s (PSEG) success in adjusting to changing market dynamics and customer demands has produced strong financial results, PSEG Chairman, President and CEO Ralph Izzo told shareholders at the company’s annual meeting, held today in Newark. Izzo outlined the company’s $15 billion, five-year capital spending program, which will upgrade the company’s energy infrastructure. This program includes spending $4.7 billion during 2017 tomore...
  • 4/18/17
    (April 18, 2017 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.43 per share dividend on the outstanding common stock of the company for the second quarter of 2017.All dividends for the second quarter are payable on or before June 30, 2017, to shareholders of record on June 9, 2017.#####Forward-Looking StatementThe statements contained in this communication about our and our subsidiaries’ future performance, including, without limitation,more...
  • 4/7/17
    Dan Cregg, Executive Vice President and Chief Financial Officer of PSEG, will meet with investors in the southeast on April 10 and 11, 2017.The meeting material can be accessed through PSEG’s web site at http://www.pseg.com/investors, under presentations, webcasts, and meeting material. From time to time, PSEG, PSE&G and PSEG Power release important information via postings on their corporate website at http://investor.pseg.com. Investors and other interested parties aremore...
  • 3/13/17
    PennEast Pipeline Company LLC today announced that Spectra Energy Partners, LP (NYSE: SEP), an Enbridge company, has entered into a purchase and sale agreement to acquire from PSEG Power LLC, a subsidiary of Public Service Enterprise Group Inc. (NYSE: PEG), its 10 percent minority equity position in the PennEast interstate natural gas pipeline project (PennEast).  PSEG Power remains committed to its 125,000 Dth/day contracted capacity on PennEast (the Project’s second largest customermore...