[Members in The News] PSEG Enters Agreement to Sell Its Solar Source Portfolio to Affiliate of LS Power

(May 5, 2021) – 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.

Read more here: https://nj.pseg.com/newsroom/newsrelease221