PSEG to Sell Fossil Units to ArcLight Capital
$2.2+ B Loss Expected as Utility Seeks to Reduce Merchant Generation
PSEG's Bethlehem Energy Center, an 817-MW combined cycle plant in New York | PSEG
Aug 12, 2021
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PSEG will sell its 6.7-GW fossil fuel fleet to ArcLight Capital Partners for $1.92 billion as it transforms into a primarily regulated electric and gas utility.
