PSEG, a diversified energy company with more than $29 billion in assets, is one of the nation’s leading wholesale energy producers and most reliable transmission and delivery organizations. PSEG has three primary holdings:
Public Service Electric and Gas Company (PSE&G), a regulated utility with assets of $16.4 billion, delivers gas and electric service to about 70 percent of New Jersey’s residents.
PSEG Power LLC, a major unregulated independent power producer in the United States with assets of $9.5 billion, has three main subsidiaries: PSEG Fossil LLC, PSEG Nuclear LLC, and PSEG Energy Resources and Trade LLC. PSEG Power owns approximately 13,600 megawatts (MW) of generation capacity located in the Northeast and Mid Atlantic regions of the U.S.
PSEG Energy Holdings LLC, with assets in excess of $4 billion, has two main unregulated energy-related businesses: PSEG Global, which owns and operates approximately 2,400 MW of generation capacity, mostly in Texas, and PSEG Resources, which manages a $2 billion diversified portfolio of energy-related lease investments.
