PSEG Stock Rides on Systematic Investments & Clean Energy Initiatives

Public Service Enterprise Group, Inc. (PEG) or PSEG’s focus on renewable expansion is likely to bolster its footprint in the clean energy market. To efficiently serve customers, the company consistently invests in its infrastructure, strengthening the resilience of its transmission and distribution system.However, this Zacks Rank #3 (Hold) company faces risks like remediation costs for each manufactured gas plant (MGP) site.Tailwinds Favoring PEG PSEG intends to invest nearly $3.8 billion in 2025 for its in ...