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  • 2/11/16
    February11 2016 – Bridgeport, CT – PSEG Power Connecticut announced today that it has cleared 485 MWs of Installed Summer Capacity from a new gas-fired combined-cycle power plant in the ISO-New England Forward Capacity Auction. PSEG Power Connecticut expects to begin construction of the clean, natural gas-fired plant in 2017.  The plant, which represents an investment of more than $550 million, is targeted to be completed and supplying needed energy to the Connecticut region for the yearmore...
  • 2/2/16
    (February 2, 2016 –Newark, NJ) – PSEG Solar Source today announced it has acquired a 25.9 MW-dc solar energy facility from Ecoplexus for an investment of more than $40 million. The facility, to be called the PSEG Meadows Solar Energy Center, is located in Martin County, North Carolina about 80 miles east of Raleigh.The PSEG Meadows Solar Energy Center has a 15-year power purchase agreement with Virginia Electric and Power Company, a subsidiary of Dominion Resources. It sits on approximatelymore...
  • 1/20/16
    (January 20, 2016 - Newark, NJ) – PSEG Solar Source today announced that it has acquired ownership interests in two solar facilities from juwi Inc.(juwi): a 3.9 MW-dc project in Livermore, California; and a 62.7 MW-dc project in Millard County, Utah. Together, these acquisitions represent an investment of close to $110 million and increase the capacity of PSEG Solar Source’s portfolio to 214.6 MW-dc.The PSEG Pavant II Solar Energy Center will be located on 415 acres about 110 miles south ofmore...
  • 1/5/16
    TO:        THE FINANCIAL COMMUNITYFROM:   KATHLEEN A. LALLYRE:        PSEG TO PARTICIPATE AT EVERCORE ISI             UTILITY CEO ONE-ON-ONE CONFERENCERalph Izzo, President and Chief Executive Officer, and Dan Cregg, Executive Vice President and Chief Financial Officer of PSEG, will meet with investors at the Evercore ISI Utility CEO One-on-One Conference in Arizona on January 7 and 8, 2016. The meetingmore...
  • 12/16/15
    (December 16, 2015 – Newark, NJ) – Public Service Enterprise Group (PSEG) today announced that Willie A. Deese has been elected to its Board of Directors, effective February 16, 2016.Deese has been Executive Vice President of Merck & Co. Inc. since January 2008 and has served as President of Merck Manufacturing Division since May 2005. He oversees a network of over 55 manufacturing sites in more than 22 countries. Deese joined Merck & Co. in 2004 as Senior Vice President of Globalmore...
  • 11/23/15
    (Newark, N.J. – Nov. 23, 2015) Public Service Electric and Gas Company (PSE&G), New Jersey’s largest utility, announced today that it will provide bill credits this winter that will lower bills by about 30 percent during the months of December, January and February for a typical residential gas heating customer. Those customers will see a total bill credit of approximately $124 this winter.Including this winter’s bill credits announced today, since January 2009 annual bills for PSE&G’smore...
  • 11/19/15
    (November 19, 2015 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.39 per share dividend on the outstanding common stock of the company for the fourth quarter of 2015.All dividends for the fourth quarter are payable on or before December 31, 2015, to shareholders of record on December 9, 2015.#####Forward-Looking StatementsThe statements contained in this communication about our and our subsidiaries’ future performance, including, withoutmore...