Sempra Announces Pricing of Public Offering of Common Stock

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SAN DIEGO, Nov. 7, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that it has priced its registered public offering of 17,142,858 shares of its common stock in connection with the forward sale agreements described below at $70.00 per share. The offering is expected to close on or about November 10, 2023, subject to customary closing conditions. In addition, the underwriters have been granted the option to purchase directly from Sempra up to an additional 2,571,428 shares of its common stock, solely to cover over-allotments, if any.

Morgan Stanley and Citigroup are acting

Sempra Announces Proposed Public Offering of Common Stock

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SAN DIEGO, Nov. 7, 2023 /PRNewswire/ — Sempra (NYSE: SRE) (BMV: SRE) today announced that it is commencing a registered public offering of $1,000,000,000 of shares of its common stock in connection with the forward sale agreements described below, subject to market and other conditions.

Sempra intends to grant the underwriters the option to purchase directly from Sempra up to an additional $150,000,000 of shares of its common stock, solely to cover over-allotments, if any.

Morgan Stanley and Citigroup are acting as joint bookrunners of the offering and representatives of the underwriters.

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Innovative Hybrid Direct Air Capture Technology Pilot Launches as Carbon Management Solutions Scale Up Across the U.S.

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SoCalGas contributed approximately $650,000 to the $3.2 million project, which has received funding from the U.S. Department of Energy (DOE) to support innovative carbon removal technologies to help enable a carbon neutral future.

LOS ANGELES, Nov. 6, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) announced today that after nearly two years of development, an innovative carbon removal technology called Hybrid Direct Air Capture (HDAC) is being brought online in Bakersfield, CA. This technology is being developed by Los Angeles based startup Avnos, Inc., with a pilot project to

Sempra Reports Strong Third-Quarter 2023 Earnings Results

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  • Updating 2023 GAAP EPS guidance range and expecting to be at or above the high-end of full-year 2023 adjusted EPS guidance range
  • Expecting 10% to 20% increase above current five-year $40 billion capital plan

SAN DIEGO, Nov. 3, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced third-quarter 2023 earnings of $721 million, or $1.14 per diluted share, compared to third-quarter 2022 earnings of $485 million, or $0.77 per diluted share. On an adjusted basis, the company's third-quarter 2023 earnings were $685 million or $1.08 per diluted share, compared to $622 million, or $0

Sempra employees and Sempra Foundation give back to veterans

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U.S. Army veterans receive support from energy infrastructure employer, Sempra, and their employees with over $200K in donations, including support for the Warriors to Work program

Restaurants Encouraged to Apply for $5,000 Grant through California Restaurant Foundation's Resilience Fund, Made Possible by SoCalGas

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88 Restaurants across SoCalGas' Service Area will receive grants to support technology adoption, equipment upgrades, employee onboarding and retention, or unforeseen hardships

LOS ANGELES, Oct. 26, 2023 /PRNewswire/ -- Beginning today, independent restaurants can apply for a $5,000 grant from the California Restaurant Foundation's (CRF)  Restaurants Care® Resilience Fund. Earlier this year, Southern California Gas Co. (SoCalGas) donated $1 million to the Resilience Fund, bringing it to $2.1 million—the largest fund to date since the program's inception in 2021. Grants will be awarded to 182

SoCalGas Joins Center for Transportation and the Environment to Reduce Emissions with Innovative Hydrogen Fuel Cell Electric Delivery Vans

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Retrofitted hydrogen fuel cell electric vans project could help reduce greenhouse gas emissions

ONTARIO, Calif., Oct. 19, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and the Center for Transportation and the Environment (CTE) have deployed the first of a planned 15 hydrogen fuel cell electric vehicle (FCEV) medium-duty delivery vans, as part of their collaborative effort to replace diesel-powered vehicles and reduce greenhouse gas emissions. SoCalGas' support and funding of the project are aimed to help propel ongoing advancements toward the commercialization of zero-emission

Sempra to Report Third-Quarter 2023 Earnings November 3

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SAN DIEGO, Oct. 17, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its third-quarter 2023 earnings by 7 a.m. ET on Friday, November 3.

Sempra executives will conduct a conference call at 12 p.m. ET, Friday, November 3. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of the company's website and clicking on the appropriate link.

An accompanying slide presentation detailing the earnings results will be published to Sempra's Investors site by 7 a.m. ET on Friday, November 3.

For those