Public Service Enterprise Group Inc. Mergers and Acquisitions


Public Service Enterprise Group Inc.

80 Park Plaza
Newark, NJ 07102-4194
United States
Tel:1/973/430-7000
URL: http://www.pseg.com
Primary Symbol & Exchange:
PEG - Common Stock - New York Stock Exchange
Industry:
Utilities
Public Service Enterprise Group Inc. Company Snapshot

Public Service Enterprise Group Inc. Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Public Service Enterprise Group Inc. M&A History


Emmevu Green Srl acquires Bioenergie SpA from Public Svc Enterprise Grp Inc Emmevu Green Srl acquires Bioenergie SpA from Public Svc Enterprise Grp IncNov 13, 2008

ITALY - Emmevu Green Srl, a new company formed by GEMA ## SpA's Carlo Gavazzi Green Power SpA subsidiary, for the purpose of making an acquisition, acquired the remaining ##% interest, which it did not already own, in Bioenergie SpA

Investor Group acquires Saesa from Public Svc Enterprise Grp Inc Investor Group acquires Saesa from Public Svc Enterprise Grp IncJul 24, 2008

CHILE - An investor group comprised of Morgan Stanley Infrastructure Partners, a unit of Morgan Stanley, and Ontario Teachers Pension Plan, acquired Sociedad Austral de Electricidad SA {SAESA}, a provider of electric utility services, from PSEG Global, a unit of Public

AEI acquires Chilquinta Energia SA from Public Svc Enterprise Grp Inc AEI acquires Chilquinta Energia SA from Public Svc Enterprise Grp IncDec 14, 2007

CHILE - Ashmore Energy International {AEI} acquired a ##% interest in Chilquinta Energia SA (CE), a provider of electric utility services and a joint venture between Public Service Enterprises Group Inc (PG) and Sempra Energy Inc. Concurrently, AEI acquired a ##

Statkraft Norfund(SN)Power acquires Electroandes SA from Public Svc Enterprise Grp Inc Statkraft Norfund(SN)Power acquires Electroandes SA from Public Svc Enterprise Grp IncOct 19, 2007

PERU - Statkraft Norfund(SN)Power Invest SA, a joint venture between Norway state-owned Statkraft SF SA and Norfund SA, acquired Electroandes SA, a provider of electric utility services, from PSEG Global, a unit of Public Service Enterprise Group Inc

Comverge Inc acquires Public Energy Solutions LLC from Public Svc Enterprise Grp Inc Comverge Inc acquires Public Energy Solutions LLC from Public Svc Enterprise Grp IncOct 01, 2007

US - Comverge Inc (CI) acquired all the outstanding stock of Public Energy Solutions LLC (PE), a provider of clean energy solutions and services, from PSEG Energy Technologies Inc, a unit of Public Service Enterprise Group Inc's PSEG Energy Holdings

Public Svc Enterprise Grp Inc seeking buyer for Saesa Public Svc Enterprise Grp Inc seeking buyer for SaesaSep 02, 2007

CHILE - In September ####, PSEG Global, a unit of Public Service Enterprises Group Inc's (PG) PSEG Energy Holdings unit, announced that it was seeking a buyer for its Sociedad Austral de Electricidad SA unit, a provider of electric utility

AEP Generating Co acquires Lawrenceburg Generating Stn from Public Svc Enterprise Grp Inc AEP Generating Co acquires Lawrenceburg Generating Stn from Public Svc Enterprise Grp IncMay 16, 2007

US - AEP Generating Co, a unit of American Electric Power Co Inc, acquired Lawrenceburg Generating Station, a cogeneration plant, from Public Service Enterprise Group, for an estimated $### mil. The transaction had been subject to regulatory approval.

Public Svc Enterprise Grp Inc seeking buyer for Public Svc Entrp Grp-Power Public Svc Enterprise Grp Inc seeking buyer for Public Svc Entrp Grp-PowerJun 22, 2006

US - In June ####, Public Services Enterprise Group Inc, an electric and gas utility, announced that it was seeking a buyer for its # power plants, located in Linden, Hamilton, Jersey City, and Woodbridge, New Jersey. Concurrently, Exelon Corp, announced

CEZ acquires Elektrownia Skawina SA from Public Svc Enterprise Grp Inc CEZ acquires Elektrownia Skawina SA from Public Svc Enterprise Grp IncMay 29, 2006

POLAND - Energetika Spolecnost CEZ AS {CEZ} of Czech Rep acquired a ##.##% interest in Elektrownia Skawina SA, a Skawina-based electric utility company, from Public Service Enterprise Group Inc (PS) for ###.### mil Polish zlotych (#.### bil

CEZ acquires ELCHO from Public Svc Enterprise Grp Inc CEZ acquires ELCHO from Public Svc Enterprise Grp IncMay 29, 2006

POLAND - Energetika Spolecnost CEZ AS {CEZ} acquired an ##.##% interest in Elektrocieplownia Chorzow ELCHO Sp zoo, a Chorzow-based owner and operator of power stations, from Public Service Enterprise Group Inc (PS), for ###.### mil Polish zlotych (#

CEZ acquires PSEG-Polish Power Plants(2) from Public Svc Enterprise Grp Inc CEZ acquires PSEG-Polish Power Plants(2) from Public Svc Enterprise Grp IncMay 29, 2006

POLAND - Energeticka Spolecnost CEZ AS (CEZ) acquired an ownership interest in # Polish power plants from Public Service Enterprise Group Inc, for an estimated ###.### mil Polish zlotych ($### mil US). On completion, CEZ was to own a ##

Lake Fork Resources LLC acquires Energy Corp of America-Oil & from Public Svc Enterprise Grp Inc Lake Fork Resources LLC acquires Energy Corp of America-Oil & from Public Svc Enterprise Grp IncJan 31, 2006

US - Lake Fork Resources LLC acquired the oil and gas assets, located in Ohio, of Energy Corp of America, a natural gas distribution company.

Seminole Electric Cooperative acquires PSEG Resources LLC-Seminole from Public Svc Enterprise Grp Inc Seminole Electric Cooperative acquires PSEG Resources LLC-Seminole from Public Svc Enterprise Grp IncDec 28, 2005

US - Seminole Electric Cooperative Inc acquired Seminole Generation Station Unit # from PSEG Resources LLC, a investment holding company of electric utilty companies, and a unit of Public Service Enterprise Group Inc's PSEG energy Holdings, for $### mil.

EMCOR Group Inc acquires Fluidics Inc from Public Svc Enterprise Grp Inc EMCOR Group Inc acquires Fluidics Inc from Public Svc Enterprise Grp IncNov 08, 2005

US - EMCOR Group Inc acquired Fluidics Inc, a provider of mechanical contracting services, from Energis Resources Inc and a unit of Public Service Enterprise Group Inc. Terms were not disclosed.

Columbus Southern Power Co acquires Waterford Energy Ctr,Waterford from Public Svc Enterprise Grp Inc Columbus Southern Power Co acquires Waterford Energy Ctr,Waterford from Public Svc Enterprise Grp IncSep 28, 2005

US - Columbus Southern Power Co, a unit of American Electric Power Co Inc acquired the Waterford Energy Center, located in Waterford, Ohio, an electric utility, from PSEG Power LLC and a unit of Public Service Enterprise Group Inc, for $###

BTU Power Co acquires Meiya Power Co Ltd from Public Svc Enterprise Grp Inc BTU Power Co acquires Meiya Power Co Ltd from Public Svc Enterprise Grp IncJan 05, 2005

HONG KONG - BTU Power Co, a unit of BTU Ventures LLC, acquired a ##% interest in Meiya Power Co Ltd, an electric utility, from PSEG Global, a wholly owned unit of Public Service Enterprise Group Inc's PSEG Energy Holdings

Exelon Corp withdraws offer for Public Svc Enterprise Grp Inc Exelon Corp withdraws offer for Public Svc Enterprise Grp IncDec 20, 2004

US - Exelon Corp (EXC) terminated its agreement to merge with Public Service Enterprise Group Inc (PSG), an electric utility holding company, in a stock swap transaction valued at $##.### bil. EXC offered #.### common shares per PSG share

Public Svc Enterprise Grp Inc acquires TECO-100 MW Gas Fired Plants from TECO Energy Inc (pending) Public Svc Enterprise Grp Inc acquires TECO-100 MW Gas Fired Plants from TECO Energy Inc (pending)Aug 23, 2004

US - Public Service Enterprise Group planned to acquire a ##% interest in # #### MW gas fired merchant plants, located in Texas, from Teco Energy Inc, an electric and gas utility company.

PSEG Global acquires Texas Independent Energy from Public Svc Enterprise Grp Inc PSEG Global acquires Texas Independent Energy from Public Svc Enterprise Grp IncJul 31, 2004

US - PSEG Global, a unit of Public Service Enterprise Group Inc's PSEG Energy Holdings subsidiary, acquired the remaining ##% interest which it did not already own in Texas Independent Energy, an owner and operator of electric power plants, from

Asian Infrastructure Mezzanine acquires a minority stake in Meiya Power Co Ltd from Public Svc Enterprise Grp Inc Asian Infrastructure Mezzanine acquires a minority stake in Meiya Power Co Ltd from Public Svc Enterprise Grp IncJul 27, 2004

HONG KONG - Asian Infrastructure Mezzanine Capital Fund Ltd, a majority-owned unit of the Darby Asia Investors Ltd subsidiary of Franklin Resources Inc's Darby Overseas Investment Ltd unit, acquired a ##% stake, in Meiya Power Co Ltd, an electric

Public Service Enterprise Group Inc. M&A Summary


Public Service Enterprise Group Inc. has made 24 acquisitions while taking stakes in 14 companies. Public Service Enterprise Group Inc. has 28 divestitures during this period.
YearAcquisitionsStakesDivestitures
2008002
2007004
2006004
2005004
2004102
2003001
2002221
2001341
2000411
1999521
1998212
1997011
1996112
1995001
1994111
1993100
1992000
1991110
1990000
1989200
1988100
Total241428

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