PSEG Unveils $16 Billion, Five-Year Capital Spending Program

SUGAR LAND--April 21, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Public Service Enterprise Group Incorporated (PSEG) (NYSE:PEG) (Newark, New Jersey) plans to invest about $16 billion in its electric and gas utility business and its competitive power generation unit over the next five years, an increase of about $2 billion from its prior five-year capital budget, company executives told analysts and investors last month. Within this article: Description of the Keys Energy Center project in Maryland.