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StocksMedium•6 April 2026•

1 min read

PSEG Leverages Nuclear Assets to Power AI Data Centers Amid Strong Earnings Growth

Key Facts

1PSEG is leveraging its nuclear assets to meet surging power demand from AI data centers.

2The company delivered non-GAAP EPS of $4.05 for 2025 with 18% revenue growth.

32026 guidance targets EPS of $4.28–$4.40, supported by a $25B capital expenditure plan.

Public Service Enterprise Group (PSEG) is strategically repositioning itself as a vital infrastructure provider for the artificial intelligence boom. The company is leveraging its extensive nuclear power fleet to meet the surging energy demands of AI data centers. Financial performance remains robust, with PSEG reporting a non-GAAP EPS of $4.05 for 2025 and an 18% increase in revenue. Looking ahead, the company issued 2026 guidance targeting earnings between $4.28 and $4.40 per share. This growth is underpinned by a massive $25 billion capital expenditure plan aimed at modernizing infrastructure. Additionally, shareholders will benefit from a 6% dividend increase, reflecting management's confidence in the utility's long-term pivot toward high-growth sectors.

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