Add the New Jersey-based Public Service Electric & Gas to the list of power peddlers with longtime-pending stranded-cost securitizations.

Though originally planning to hit market last quarter, PSE&G now expects to launch its $2.4 billion power-backed deal sometime "before mid-year," said a spokesman for Public Service Enterprise Group, the parent company of PSE&G.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.