Onsite Energy Corp. announces $2.6 million energy efficiency project for San Diego

The project is expected to save enough electricity to provide power to the equivalent of 600 to 700 homes.

PARSIPPANY, N.J., July 2, 2001 – PSEG Global announced today that it has exercised its option to acquire an additional 49% of Empresa Distribuidora de Electricidad de Entre Rios S.A. (EDEERSA), the main distributor of electrical energy in the Province of Entre Rios, Argentina, bringing its total ownership of EDEERSA to 90%. The option was contained in the purchase agreement for an initial 41% that had originally been announced in December of 2000.

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