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Prospect News home > News index > List of issuers P > Headlines for PSEG Energy Holdings LLC > News item
Published on 10/5/2004 in the Prospect News High Yield Daily.

S&P: PSEG unaffected

Standard & Poor's said PSEG Energy Holdings LLC's agreement to sell its 50% equity interest in Meiya Power Co. Ltd. for $220 million has no rating implications.

After experiencing several failed investments in recent years, S&P said PSEG Energy Holdings curtailed its pursuit of new investment opportunities and shifted its focus to completing projects under development and selling existing assets.


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