Global Infrastructure SherpaPSE&G
Public Service Electric and Gas Company (PSE&G) is a regulated electric and natural gas utility serving 2.3 million electric and 1.9 million gas customers across New Jersey. A subsidiary of Public Service Enterprise Group (PSEG), it focuses on modernizing its transmission and distribution infrastructure, enhancing reliability, and advancing clean energy initiatives.
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Strategic Overview
- Committed to significant capital investments in grid modernization, including smart meters and advanced distribution infrastructure, to enhance reliability and support clean energy integration.
- Actively pursuing clean energy initiatives, including programs for energy efficiency, electric vehicle charging infrastructure, and energy storage, aligned with New Jersey's clean energy goals.
- Engaged in long-term gas system modernization programs to replace aging infrastructure and improve safety and reliability of natural gas delivery.
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Investment Focus
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Key People
Ralph LaRossa
Chairman, President and CEO, PSEG
Charles Joyner
President and COO, PSE&G
Track Record
121
Years Active
Notable projects: Gas System Modernization Program (GSMP), Clean Energy Future Programs (Energy Efficiency, Smart Meters, EV Infrastructure, Energy Storage), Offshore Wind Transmission Development
Detailed Analysis
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Deal Stage
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