secwatch.observer — SEC 8-K summary
======================================

Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2023-05-31T23:59:59+00:00
Accession:  0001193125-23-157899
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312523157899/0001193125-23-157899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788784/000119312523157899/d438498d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-157899

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer