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| PSEG Energy Holdings |
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| Diverse Energy Investments |
| PSEG Energy Holdings is the holding company of two unregulated businesses: PSEG Global and PSEG Resources. As of December 31, 2005, PSEG Energy Holdings had assets in excess of $7 billion. |
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| PSEG Global operates generation and distribution companies predominately in the United States and Latin America. |
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| PSEG Resources manages a portfolio of leveraged-lease investments in energy infrastructure. |
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