Celebrating Our History, Focused on the Future
In 1998, Sempra 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 has grown into a diversified, global energy infrastructure 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.
To date, the company has contributed more than $260 million to charitable causes and continues to find innovative ways to best serve more than 36 million consumers worldwide.
A History of Innovation
Acquisition of a Majority Stake in Oncor Completed
Sempra completed its $9.45 billion acquisition of Energy Future Holdings Corp., including EFH's approximate 80% indirect ownership interest in Oncor Electric Delivery Company LLC. The close of the transaction created a utility holding company with the largest U.S. customer base.
Pacific Enterprises and Enova Corporation completed a $6.2 billion merger to create Sempra, an energy services company with the largest regulated utility customer base in the United States.
In 1998, Sempra’s 12,000 employees served approximately 21 million consumers across 27,000 square miles in Southern California. Today, more than 19,000 employees serve more than 36 million consumers worldwide.
South American Utilities Acquired
In 1999, Sempra expanded into South America with the acquisitions of two utilities: Chilquinta Energía in Chile and Luz Del Sur in Peru. This gave Sempra a solid platform for growth in the rapidly expanding Latin American energy market and added substantial electric utility assets to the company’s portfolio.
Three New Power Plants Began Operations
Sempra Energy Resources, the former power generation subsidiary of Sempra, completed three state-of-the-art power plant projects in Arizona, California and Mexico in July 2003. The plants were constructed to help meet the growing energy needs of the Pacific Southwest.
Sempra Foundation Created
The Foundation is dedicated to investing in creative and innovative ideas, encouraging collaboration and supporting the personal engagement and involvement of employees of the Sempra family of companies.
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. Located about 15 miles north of Ensenada, Mexico, the terminal can process up to one billion cubic feet of natural gas per day.
Cameron LNG Receipt Terminal Began Commercial Operations
In July 2009, the Cameron LNG receipt terminal near Lake Charles, Louisiana, successfully completed performance testing and began commercial operations. Cameron LNG’s first cargo arrived aboard BP’s British Diamond, an LNG carrier bringing supplies from Trinidad.
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.
The completion of the nearly $1.9 billion project culminated a five-year-long environmental review and permitting process, and 18 months of construction that encompassed both overhead and underground technology.
IEnova Initial Public Offering Complete
In March 2014, Sempra’s Mexican subsidiary, IEnova, successfully executed its initial public offering (IPO). IEnova was one of the first private companies to invest in the energy sector in Mexico, following the reforms that opened the market for energy infrastructure development.
IEnova’s assets are divided in two segments: the natural gas segment includes pipelines, natural gas distribution and LNG; and the power generation segment includes wind and solar facilities.
Joint-Venture Agreements Signed for Cameron LNG Export Facility
In May 2013, Sempra, Mitsubishi Corp. and Mitsui & Co., Ltd., signed 20-year tolling capacity and joint-venture agreements to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt terminal in Hackberry, Louisiana.
Less than a year later, in February 2014, the U.S. Department of Energy issued a conditional authorization that allows Cameron LNG to export domestically produced liquefied natural gas from its proposed liquefaction facilities to countries that do not have a free trade agreement with the U.S.
SDG&E Received CPUC Approval for EV Pilot Program
In January 2016, the California Public Utilities Commission (CPUC) approved SDG&E’s Electric Vehicle (EV) Grid-Integration pilot program to install thousands of EV charging stations at businesses and multi-family communities, including in underserved neighborhoods, throughout San Diego and south Orange Counties.
In addition to expanding access to EVs, the pilot features special rates that encourage EV drivers to charge their cars when electricity supply, including renewable energy, is plentiful and energy prices are low.
IEnova Signs First Liquid Fuels Contract
In August 2017, IEnova signed long-term contracts with a subsidiary of Valero Energy Corp. for the storage capacity of the liquid fuels marine terminal to be constructed in Veracruz and two inland storage facilities to be constructed in Puebla and Mexico City. These facilities are IEnova's first ventures in Mexico's emerging $10 billion liquids market.
SoCalGas Installs Nation’s First Power-to-Gas Project
Power-to-gas technology is a cutting-edge method of storing excess renewable energy. The project is the first of its kind in the United States converting hydrogen generated from excess renewable power into pipeline quality methane for use in homes, businesses and in transportation.