PEG · News · 20260804N

Capital Expenditure Plan

PUBLIC SERVICE ENTERPRISE GROUP INC · 2026-08-04 · Importance 37 · Surprise 42

PSEG said its strong balance sheet supports significant capital investments without requiring new equity issuance. The company is directing investment toward clean energy initiatives, utility infrastructure, system reliability, and energy efficiency. Management linked the five-year 6% to 8% annual non-GAAP operating earnings growth outlook through 2030 to this capital plan. PSEG is also exploring new nuclear development in New Jersey and utility-like generation opportunities.

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