Public Service Enterprise Group Incorporated (PSEG) will host its fourth-quarter and full year 2022 earnings call at 11:00 a.m. ET on Tuesday, Feb. 21, during which management will discuss fourth-quarter and full year financial results and other important matters.
PSEG (PEG) is set to divest its 25% equity stake in the Ocean Wind 1 offshore project to ??rsted.
Public Service Enterprise Group (PSEG) has agreed to sell Ørsted its 25% equity stake in the Ocean Wind 1 offshore wind energy project, providing Ørsted with 100% ownership of the project. Ørsted, America's largest offshore wind energy company, will proceed with development of the project with PSEG supporting onshore infrastructure construction.