On the Record · Public Service Enterprise
Public Service Enterprise acquisitions, on the record
The businesses Public Service Enterprise bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
PSEG Power fossil generating portfolio (6,750 MW)Word for word“In February 2022, we completed the sale of our 6,750 megawatt (MW) fossil generation portfolio which represented an important milestone in our strategy.” 10-K for 2023 | divestiture | February 2022 | — |
Kalaeloa (50% ownership interest held by PSEG Power)Word for word“In July 2023, PSEG Power completed the sale of its 50% ownership interest in Kalaeloa.” 10-K for 2023 | divestiture | July 2023 | — |
Domestic energy generating facility (Energy Holdings)Word for word“In March 2023, Energy Holdings completed the sale of one of its domestic energy generating facilities and recorded an immaterial pre-tax gain.” 10-K for 2023 | divestiture | March 2023 | — |
Energy Holdings real estate assetsWord for word“In December 2023, Energy Holdings completed the sale of its real estate assets and recorded an immaterial pre-tax gain.” 10-K for 2023 | divestiture | December 2023 | — |
PSEG Power fossil generating portfolio (6,750 MW) to ArcLight Energy Partners Fund VII subsidiariesWord for word“In August 2021, PSEG entered into two agreements to sell PSEG Power’s 6,750 MW fossil generating portfolio, one agreement for the sale of assets in New Jersey and Maryland and another agreement for the sale of assets located in New York and Connecticut, to newly formed subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC for aggregate consideration of approximately $ 1,920 million.” 10-K for 2023 | agreed divestiture | August 2021 | approximately $ 1,920 million |
Energy Holdings 50% interest in Garden State Offshore Energy LLC (GSOE)Word for word“PSEG is evaluating its options for the potential sale of its interest in GSOE .” 10-K for 2023 | agreed divestiture | — | — |
PSEG Power fossil generation portfolio (6,750 MW)Word for word“In February 2022, we completed the sale of our 6,750 megawatt (MW) fossil generation portfolio which represented an important milestone in our strategy.” 10-K for 2024 | divestiture | February 2022 | — |
Energy Holdings domestic energy generating facilityWord for word“In March 2023, Energy Holdings completed the sale of one of its domestic energy generating facilities and recorded an immaterial pre-tax gain.” 10-K for 2024 | divestiture | March 2023 | — |
Site of the Hudson electric generating stationWord for word“In December 2018, PSEG Power completed the sale of the site of the Hudson electric generating station.” 10-K for 2024 | divestiture | December 2018 | — |
one of its domestic energy generating facilitiesWord for word“In March 2023, Energy Holdings completed the sale of one of its domestic energy generating facilities and recorded an immaterial pre-tax gain.” 10-K for 2025 | divestiture | March 2023 | — |
real estate assetsWord for word“In December 2023, Energy Holdings completed the sale of its real estate assets and recorded an immaterial pre-tax gain.” 10-K for 2025 | divestiture | December 2023 | — |
Deal filings since 2016
Read from Public Service Enterprise’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.