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  • 5/2/19
    Public Service Enterprise Group (NYSE: PEG) reported today Net Income for the first quarter of 2019 of $700 million, or $1.38 per share as compared to Net Income of $558 million, or $1.10 per share, in the first quarter of 2018. Non-GAAP Operating Earnings for the first quarter of 2019 were $547 million, or $1.08 per share, compared to non-GAAP Operating Earnings for the first quarter of 2018 of $492 million, or $0.97 per share. Non-GAAP results for the first quarter exclude items such as themore...
  • 4/18/19
    (NEWARK, N.J. – April 18, 2019) – Today, the New Jersey Board of Public Utilities (BPU) voted to award Zero Emission Certificates (ZECs) to PSEG’s three New Jersey nuclear power plants, Hope Creek and Salem 1 and 2. In 2018, the New Jersey Legislature and Gov. Phil Murphy enacted legislation that established a Zero Emission Certificate program to preserve the plants that provide more than 90 percent of the state’s carbon-free electricity. Regarding the BPU decision, PSEG states: “Wemore...
  • 4/16/19
    (April 16, 2019 – Newark, NJ) The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a $0.47 per share dividend on the outstanding common stock of the company for the second quarter of 2019.All dividends for the second quarter are payable on or before June 28, 2019, to shareholders of record on June 7, 2019.#####                         more...
  • 3/14/19
    (NEWARK, N.J. – March 14, 2019) – PSEG Solar Source today announced it has purchased two North Carolina solar farms being developed by BayWa r.e.  Construction began last month on Five Forks Solar, which will be a 25.9 MW-dc facility when completed, and North Halifax Solar, which will be a 26.9 MW-dc facility. Both facilities are expected to go into service during the fourth quarter of 2019. The acquisition represents a total investment of approximately $65 million. The Five Forksmore...
  • 2/27/19
    Public Service Enterprise Group (PSEG) reported 2018 Net Income of $1,438 million, or $2.83 per share, as compared to Net Income of $1,574 million, or $3.10 per share, for 2017. Non-GAAP Operating Earnings for the year 2018 were $1,582 million, or $3.12 per share, compared to $1,488 million, or $2.93 per share for 2017. The Net Income comparison for the full year reflects the absence of one-time items including the favorable impact of the Tax Cut and Jobs Act (Tax Act) in 2017, charges in 2017more...
  • 2/19/19
    (February 19, 2019 – Newark, NJ) – The Board of Directors of Public Service Enterprise Group (NYSE:PEG) today declared a quarterly common stock dividend for the first quarter of 2019 of $0.47 per share payable on March 29, 2019 to shareholders of record on March 8, 2019. This action represents a $0.02 per share, or 4.4% increase in the company’s quarterly common stock dividend and brings the indicative annual dividend rate to $1.88 per share. Ralph Izzo, Chairman, President and Chiefmore...
  • 1/15/19
    (NEWARK, N.J. – January 15, 2019) Public Service Enterprise Group (PSEG) today announced that Stuart J. Black, vice president and controller, is retiring. The company named Rose Chernick, vice president-finance, corporate strategy and planning, as Black’s successor, effective March 11. Black will help transition the role’s responsibilities to Chernick until his official retirement in May. The company also announced the promotion of Scott Jennings, vice president – finance, PSE&G, tomore...