Public Service Enterprise Group
Close the acquisition of a 25% interest in the Ocean Wind project
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 4 Dec 2020
- Due
- 30 Jun 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Completion of the acquisition is anticipated to occur in the first half of 2021, subject to approval by the New Jersey Board of Public Utilities and other customary closing conditions.”
What we found
Evidence strength A What the grades mean
The filings state the Ocean Wind 25% acquisition was completed in April 2021, after BPU approval on March 31, 2021, before the June 30 deadline.
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A Public Service Enterprise Group 10-Q filed 2021-08-09
“On March 31, 2021, the BPU approved PSEG’s investment in Ocean Wind and the acquisition was completed in April 2021.” ✓ confirmed on the page
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A Public Service Enterprise Group 10-Q filed 2021-08-09
“In the first six months of 2021, we” ✓ confirmed on the page
Market reaction: the shares moved -0.8% against the S&P 500 over the three sessions around the disclosure (6 Aug 2021 to 11 Aug 2021). What this measures
Checked 16 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- 25% interest in Ocean Wind offshore wind project
- Where
- New Jersey
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to approval by the New Jersey Board of Public Utilities; other customary closing conditions
- Depends on
- Regulatory, Government, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-PEG-011520 · Corrections policy