-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RDmdAXMFdQ08HH9B0/CaQ3aoyfOw2PfYjsj/AJlAN4IsMARuGhQqTfjETMiMEzPh foqH9Pkjw3RqZDO5L1WxXA== /in/edgar/work/20000822/0000788784-00-000023/0000788784-00-000023.txt : 20000922 0000788784-00-000023.hdr.sgml : 20000922 ACCESSION NUMBER: 0000788784-00-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000821 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000822 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE ENTERPRISE GROUP INC CENTRAL INDEX KEY: 0000788784 STANDARD INDUSTRIAL CLASSIFICATION: [4931 ] IRS NUMBER: 222625848 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-09120 FILM NUMBER: 707386 BUSINESS ADDRESS: STREET 1: 80 PARK PLZ STREET 2: P O BOX 1171 CITY: NEWARK STATE: NJ ZIP: 07101-1171 BUSINESS PHONE: 9734307000 MAIL ADDRESS: STREET 1: 80 PARK PLZ STREET 2: PO BOX 1171 CITY: NEWARK STATE: NJ ZIP: 07101-1171 8-K 1 0001.txt OTHER EVENTS SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) August 21, 2000 PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (Exact name of registrant as specified in its charter) State of New Jersey 1-9120 22-2625848 (State or other (Commission File Number) (I.R.S. Employer jurisdiction of Identification No.) incorporation) 80 Park Plaza, P.O. Box 1171 Newark, New Jersey 07101-1171 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 973-430-7000 PUBLIC SERVICE ELECTRIC AND GAS COMPANY (Exact name of registrant as specified in its charter) State of New Jersey 1-973 22-1212800 (State or other (Commission File Number) (I.R.S. Employer jurisdiction of Identification No.) incorporation) 80 Park Plaza, P.O. Box 570 Newark, New Jersey 07101-0570 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 973-430-7000 Item 2. Acquisition or Disposition of Assets - -------------------------------------------- The following information updates certain matters previously reported to the Securities and Exchange Commission in the Annual Report on Form 10-K for the year ended December 31, 1999 and the Quarterly Reports on Form 10-Q for the quarters ended March 31, 2000 and June 30, 2000 of Public Service Electric and Gas Company (PSE&G) and its parent, Public Service Enterprise Group Incorporated (PSEG). Transfer of Electric Generation Related Assets from PSE&G to PSEG Power LLC Reference is made to the press release of PSEG dated August 21, 2000 a copy of which is attached hereto as Exhibit 99, announcing the transfer of PSE&G's electric generation assets to PSEG Power LLC. Item 7. Financial Statements and Exhibits - ----------------------------------------- Exhibit Designation Nature of Exhibit 99 Press Release dated August 21, 2000 SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (Registrant) PUBLIC SERVICE ELECTRIC AND GAS COMPANY (Registrant) By: R. EDWIN SELOVER ---------------------------------------------------------- R. Edwin Selover Vice President and General Counsel Public Service Enterprise Group Incorporated Senior Vice President and General Counsel Public Service Electric and Gas Company Date: August 21, 2000 EX-99 2 0002.txt PRESS RELEASE EXHIBIT 99 August 21, 2000 PSE&G ELECTRIC GENERATION ASSETS TRANSFERRED TO PSEG POWER LLC Public Service Electric and Gas Company (PSE&G) announced today, that pursuant to the restructuring order issued by the NJ Board of Public Utilities, it has transferred its electric generating facilities to PSEG Power LLC, an unregulated power producing affiliate. All state and federal authorizations and approvals necessary for the transfer have been obtained and today's action completes the transfer within a one-year time frame indicated in the BPU order. The generating assets will be transferred at the price specified in the BPU order - $2.443 billion plus $242 million for other generating related assets such as fuel, materials, and supplies. The parties have agreed to execute a supplemental agreement reflecting any change in the value of the assets if required as a result of a current appeal to the NJ Supreme Court of a lower court decision upholding the BPU's restructuring and securitization orders regarding PSE&G. PSE&G and PSEG Power LLC are subsidiaries of Public Service Enterprise Group Incorporated (NYSE:PEG), a diversified energy holding company headquartered in Newark, NJ. PSEG Power's subsidiaries are PSEG Nuclear LLC, PSEG Fossil LLC and PSEG Energy Resources and Trade LLC. XXX -----END PRIVACY-ENHANCED MESSAGE-----