PEG

Public Service Enterprise Group Incorporated (NYSE:PEG) is a major energy company founded in 1985 and headquartered in Newark, New Jersey. The company has evolved from a traditional utility into a diversified energy enterprise primarily serving the Northeastern and Mid-Atlantic United States. PSEG operates through two main business segments: PSE&G, which provides regulated electric and gas utility services, and PSEG Power, which operates nuclear generation facilities. The company has undergone significant strategic transformation in recent years, divesting fossil fuel assets and offshore wind investments to focus on regulated utility operations and nuclear power generation, positioning itself as a cleaner energy provider while maintaining stable, predictable earnings.