SAN DIEGO : Sempra (NYSE: SRE) (BMV: SRE) and TotalEnergies today announced that Sempra Infrastructure, a subsidiary of Sempra, and TotalEnergies are expanding their North American strategic alliance through two memoranda of understanding (MOU): one for Sempra Infrastructure’s proposed Vista Pacífico LNG project in Mexico; and a second MOU for a proposed offshore wind project […]
Sempra Announces Agreement To Sell 10% Interest In Sempra Infrastructure Partners – EQ Mag Pro
SAN DIEGO : Sempra (NYSE: SRE) (BMV: SRE) announced today it has entered into a definitive agreement to sell a non-controlling 10% interest in Sempra Infrastructure Partners (Sempra Infrastructure) to a subsidiary of the Abu Dhabi Investment Authority (ADIA) for $1.785 billion in cash, subject to customary closing adjustments. This transaction implies an enterprise value […]
KKR to Buy Stake in Sempra Infrastructure for $3.37 Billion
KKR & Co. agreed to pay $3.37 billion for a 20% stake in a Sempra Energy unit comprising the U.S. company’s infrastructure assets, including a liquefied natural gas project and a Mexican renewables and pipelines operator. It’s the latest example of a broader push among U.S. utilities eschewing diversification to focus on providing electricity and […]
Sempra develops plan to inject hydrogen into California natgas grid
Sempra said its Southern California Gas Co (SoCalGas) and San Diego Gas & Electric (SDG&E) utilities were planning multiple hydrogen blending projects throughout their service territories. U.S. energy company Sempra Energy said Monday that two of its California utilities were developing a program to use surplus renewable power to produce green hydrogen that can be […]
