December 5, 2008

PSEG INC: PSE&G Records $703Mil Liability for Clean Energy Plan

COMPANIES: Public Service Electric and Gas Co | Public Service Enterprise Group Inc
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Public Service Enterprise Group Incorporated’s subsidiary has recorded a discounted liability of US$703 million as of Sept. 30, 2008 related to a funding requirement for its New Jersey Clean Energy Programs. Of this amount, US$140 million was recorded as a…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Power Producers/Utilities | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: New Jersey