History

Celebrating Our Past. Focused on the Future.

Twenty years ago, Sempra Energy was formed as a merger of two century-old utilities – Pacific Enterprises and Enova Corporation, the former parent companies of Southern California Gas Co. and San Diego Gas & Electric. Over the past two decades, Sempra Energy has grown into a diversified, global energy company. Since its formation, the company has been successful in developing a balanced portfolio of businesses comprised of top-tier utilities and long-term-contracted energy infrastructure assets.

Sempra Energy has nearly quadrupled its market value since 1998, contributing more than $260 million to charitable causes and continuing to find innovative ways to best serve over 40 million consumers worldwide.

600%

total shareholder return over 20 years

$262 million

community contributions since 1998

100%

consumer increase since 1998

20 Years of Innovation

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Acquisition of a majority stake in Oncor completed

Acquisition of a majority stake in Oncor completed

Sempra Energy completed the $9.45 billion acquisition of a majority stake in Oncor Electric Delivery Co. in March 2018, creating a utility holding company with largest U.S. customer base.
2018  
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Sempra Energy founded

Sempra Energy founded

In June 1998, Pacific Enterprises and Enova Corporation merged to form Sempra Energy.
1998  
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South American utilities acquired

South American utilities acquired

In 1999, Sempra Energy expanded into South America with the joint acquisitions of Chilquinta Energía in Chile and Luz Del Sur in Peru.
1999  
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Three new power plants began operations

Three new power plants began operations

In July 2003, the company’s three state-of-the-art power plant projects in Arizona, California and Mexico, began operations.
2003  
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Sempra Energy Foundation created

Sempra Energy Foundation created

The Sempra Energy Foundation was founded in 2007 as an organization dedicated to helping communities through grants, volunteering and employee giving.
2007  
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Energía Costa Azul LNG began commercial operations

Energía Costa Azul LNG began commercial operations

In May 2008, Energía Costa Azul in Baja California began commercial operations, making it the first LNG receipt terminal on the West Coast.
2008  
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Cameron LNG receipt terminal began commercial operation

Cameron LNG receipt terminal began commercial operation

In July 2009, the Cameron LNG receipt terminal near Lake Charles, La., successfully completed performance testing and began commercial operations.
2009  
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Sunrise Powerlink energized

Sunrise Powerlink energized

In June 2012, SDG&E’s Sunrise Powerlink was completed and put into service. The 500,000-volt transmission line is capable of carrying enough power to serve 650,000 homes.
2012  
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IEnova initial public offering complete

IEnova initial public offering complete

In March 2014, Sempra Energy’s Mexican subsidiary IEnova successfully executed its initial public offering (IPO).
2013  
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Joint-venture agreements signed for Cameron LNG export facility

Joint-venture agreements signed for Cameron LNG export facility

In May 2013, Sempra Energy, Mitsubishi Corp. and Mitsui & Co., Ltd., signed 20-year tolling capacity and joint-venture agreements for the Cameron LNG export facility.
2013  
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Sempra stock reached $100 for the first time

Sempra stock reached $100 for the first time

On May 7, 2014, Sempra Energy’s stock price reached $100 for the first time, closing at $100.41.
2014  
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SDG&E received CPUC approval for electric vehicle pilot program

SDG&E received CPUC approval for electric vehicle pilot program

In January 2016, the California Public Utilities Commission approved SDG&E’s Electric Vehicle Grid-Integration pilot program to install thousands of charging stations in Southern California.
2016  
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IEnova signs first liquid fuels contract

IEnova signs first liquid fuels contract

In August 2017, IEnova signed long-term contracts with Valero Energy Corp. for three liquid fuels marine terminals in Mexico.
2017  
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SoCalGas installs nation’s first power-to-gas project

SoCalGas installs nation’s first power-to-gas project

In October 2017, SoCalGas installed the first power-to-gas project in the U.S. at the Department of Energy’s National Renewable Energy Lab.
2017  
 

As we celebrate our 20-year anniversary, one of the things we’re most proud is of our willingness to look at the world differently. Over the next 20 years, we’ll continue to find new and better ways to serve our customers through technology and innovation.

Jeffrey W. Martin - Chief Executive Officer