secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001193125-23-066173
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSEG reaffirms 2023 guidance, retains nuclear fleet, exits offshore wind via sale to Ørsted
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- Reaffirms 2023 non-GAAP Operating EPS guidance $3.40-$3.50; 5%-7% long-term growth rate 2023-2027.
- Decision to retain 3,766 MW nuclear fleet due to Inflation Reduction Act production tax credit.
- Plans to sell 25% interest in Ocean Wind 1 to Ørsted; expected closing first-half 2023.
- PSE&G 2023-2027 capital plan $15.5B-$18B; rate base CAGR 6%-7.5%.
- No new equity to fund capex through 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312523066173/0001193125-23-066173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81033/000119312523066173/d484503d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-066173

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