Public Service Enterprise Group Incorporated (PSEG) is an energy company. The Company's operations are located primarily in the Northeastern and Mid- Atlantic United States. PSEG conducts its business through three direct wholly owned subsidiaries: PSEG Power LLC (Power), Public Service Electric and Gas Company (PSE&G) and PSEG Energy Holdings L.L.C. (Energy Holdings). Power integrates its generating asset operations with its wholesale energy sales, fuel supply and energy trading functions. PSE&G is a franchised public utility in New Jersey. It is also the provider of last resort for gas and electric commodity service for end users in its service territory. Energy Holdings invests and operates through its two primary subsidiaries. Energy Holdings earns revenues primarily from its portfolio of lease investments and its solar generation projects. In December 2012, the Company acquired an additional 19 megawatt solar project, which is under construction in Arizona.