---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-157899"
form_type: "8-K"
ticker: "PEG"
cik: "0000788784"
company_name: "PUBLIC SERVICE ENTERPRISE GROUP INC"
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:59:40.742275+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PSEG completes sale of 25% stake in Ocean Wind 1 offshore wind project to Ørsted N.A.

## Summary
- Ørsted N.A. reimbursed PSEG for all cumulative outlays in the 1,100-MW Ocean Wind 1 project.
- Ørsted N.A. now owns 100% of New Jersey's first offshore wind farm.
- PSEG entered a limited Transition Services Agreement for construction management and permitting services.

## SEC filing metadata
- accession: 0001193125-23-157899
- form_type: 8-K
- ticker: PEG
- cik: 0000788784
- company_name: PUBLIC SERVICE ENTERPRISE GROUP INC
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788784/000119312523157899/0001193125-23-157899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788784/000119312523157899/d438498d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-157899
- JSON: https://secwatch.observer/filing/0001193125-23-157899.json
- Plain text: https://secwatch.observer/filing/0001193125-23-157899.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.