December 5, 2008

PSEG INC: Records $644Mil Liability for Manufactured Gas Plants

COMPANIES: Public Service Electric & Gas Transition Funding LLC PSE&G | Public Service Enterprise Group Inc
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Public Service Enterprise Group Incorporated’s subsidiary, as of Sept. 30, 2008, recorded a liability of US$644 million for the remediation of all manufactured gas plant sites to completion, as well as anticipated costs to address MGP-related material discovered in three…

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