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PSEG Power retires Bridgeport Harbor Station coal plant, effective May 31
PSEG Power becomes 100% coal-free on long-term path to net-zero carbon emissions
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BRIDGEPORT, Conn., June 1, 2021 /PRNewswire/ PSEG Power has retired its Bridgeport Harbor Station Unit 3 power plant, effective May 31, marking the completion of the company s long-term coal exit strategy as the company pursues a path to net-zero carbon emissions. BHS 3 was the last remaining coal-fired power plant in PSEG Power s generation fleet.
Originally designed to be fueled with either oil or coal when placed in service in 1968, Unit 3 was converted to a full-time coal unit in 2002. BHS 3 provided 400-megawatts of peaking capacity to southern Connecticut, operating only when called upon during times of peak energy demand, such as extreme heat or extreme cold. In conjunction with the opening of Bridgeport Harbor Station Unit 5 (BHS 5), a highly efficient 485-mega
/PRNewswire/ Public Service Enterprise Group (PSEG) announced today that David M. Daly, president of Public Service Electric & Gas (PSE&G), will retire at.
Operator
Ladies and gentlemen, thank you for standing by. My name is Christi, and I am your event operator today. I would like to welcome everyone to today s conference, Public Service Enterprise Group First Quarter 2021 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, the conference is being recorded today, May 5, 2021, and will be available for telephone replay beginning at 2:00 p.m. Eastern Time today until 11:30 p.m. Eastern Time on May 11, 2021. It will also be available as an audio webcast on PSEG s corporate website at investor.pseg.com. I would now like to turn the conference over to Carlotta Chan. Please go ahead.
PSEG Enters Agreement to Sell Its Solar Source Portfolio to Affiliate of LS Power
Transaction Furthers PSEG Strategic Alternatives Transformation
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NEWARK, N.J., May 5, 2021 /PRNewswire/ Public Service Enterprise Group Inc. (PSEG) today announced that it has entered into an agreement to sell its PSEG Solar Source LLC portfolio to Quattro Solar, LLC, an affiliate of LS Power. The sale includes the 467-megawatt-dc Solar Source portfolio of 25 solar facilities located in various states and related assets and liabilities. The sale of this non-core generation portfolio is part of PSEG s Strategic Alternatives process to explore options for PSEG Power s non-nuclear generating fleet which, in addition to Solar Source, includes more than 6,750 megawatts of fossil generation.