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PSEG Energy Holdings:
Generating Energy and Earnings
PSEG operates beyond New Jersey through PSEG Energy Holdings, the holding company of two unregulated businesses: PSEG Global and PSEG Resources. With a diverse portfolio of domestic and international components, PSEG Energy Holdings delivered record results in 2006.
PSEG Global

PSEG Global's portfolio includes electric generation facilities primarily in California, Texas, Hawaii and New Hampshire, as well as, small plants in India, Italy and Venezuela. Our modern, clean burning gas-fired power stations in Texas are a significant portion of PSEG Global's portfolio.

Founded in 1985, PSEG Global develops, acquires, owns, operates and invests in independent power generation and distribution facilities and has the ability to manage all phases of project development including financing, engineering, construction, operation and maintenance.

Since the beginning of 2006, PSEG Global has sold major distribution of several assets in Brazil, Chile, Peru, Oman and Poland.  In December 2007, Global announced that it is exploring a potential sale of the SAESA Group of electric distribution companies in Chile.

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PSEG Resources

PSEG Resources invests in energy-related financial transactions, primarily through leveraged lease investments. PSEG Resources focusses on maintaining its current investment portfolio rather than pursuing new investments.

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