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Public Service Enterprise Group, Inc.

Public Service Enterprise Group, Inc.

Sector: Electric Services Region: NJ, United States


: | New York Stock Exchange: PEG


Similar to: Northland Power, Inc., El Paso Electric Co., THEOLIA

Public Service Enterprise Group, Inc. operates as a holding company with a diversified business mix within the energy industry. The company operates through four principal direct wholly owned subsidiaries: PSEG Power LLC, Public Service Electric and Gas Co, PSEG Energy Holdings LLC and PSEG Services Corp. It operates in three segments: Power, PSE&G and Energy Holdings. The Power segment operates through PSEG Power LLC, an energy supply company that integrates its generating asset operations with its wholesale energy, fuel supply, energy trading and marketing and risk management activities primarily in the Northeast and Mid-Atlantic United States. The PSE&G segment operates through Public Service Electric and Gas Co., a public utility company which provides transmission and distribution of electric energy and gas in New Jersey; implements demand response and energy efficiency programs and invest in solar generation. The Energy Holdings segment operates through PSEG Energy Holdings LLC a company which principally owns and manages a portfolio of lease investments and solar generation projects. The company was founded in 1903 and is headquartered in Newark, NJ.

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