PSEG acquires solar facility in Vermont from juwi solar PSEG will acquire the ERWR Whitcomb Farm Solar project from juwi solar. The facility has a 25-year power purchase agreement with Vermont Electric Power Producers as part of the Vermont Sustainably Priced Energy Enterprise Development program. The acquisition will increase PSEG's Solar Source portfolio to 110 MWdc.
PSEG upgraded to Buy from Hold at Argus Argus upgraded PSEG to Buy from Hold due to an improved outlook for forward power prices, valuation, and an expanding infrastructure improvement program. Price target is $44.