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Stock impact report

Maryland residents learn about property rights for controversial electrical grid project [CBS News]

Public Service Enterprise Group Incorporated (PEG) 
Last public service enterprise group incorporated earnings: 2/26 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.pseg.com
Company Research Source: CBS News
The proposed project would require more than 70 miles of 500,000-watt overhead transmission powerlines to run through Baltimore, Carroll and Frederick counties. The group behind the project says the goal is to create an environmentally focused upgrade to Maryland's electrical grid Nino Mangione, a member of Maryland's House of Delegates, hosted a meeting on Thursday at Hereford High School in Parkton where lawyers advised residents on what they can and can't do when it comes to their land. "If a government, or PSEG, is taking land for a public project, they must pay a just compensation," said attorney Harris Eisenstein. PSEG says it will be "using an appraisal-based approach to determine fair market value of the easements needed" and will seek "to negotiate and reach an agreement with property owners to acquire property rights." The proposed route In October, the Public Service Enterprise Group (PSEG), which is in charge of the project , unveiled the proposed route that had b Show less Read more
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