Public Service Enterprise Group, headquartered in Newark, New Jersey, operates as an energy company with 12,543 employees, focusing on regulated electric and gas utilities through subsidiaries PSE&G and PSEG Power. The company engages in electricity transmission, natural gas distribution, and nuclear generation, with investments in solar projects and energy efficiency programs in New Jersey.
PEG has been in the news recently: PSEG appointed Grace Park as Executive Vice President and General Counsel, effective September 16, 2024, succeeding Tamara Linde, who will retire on March 14, 2025. Additionally, insider sales at Public Service Enterprise Group totaled $2.5 million over the past year, with no purchases made, prompting investor caution.
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