Sempra Infrastructure Completes Sale of Non-Controlling Interest in Port Arthur LNG Phase 1 to KKR
HOUSTON, Sept. 12, 2023 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR. The transaction, which closed in accordance with the terms previously disclosed, results in Sempra Infrastructure retaining a controlling 28% indirect interest in Phase 1 at the project level, and ConocoPhillips owning the remaining 30% interest.
"The closing of this transaction continues the positive momentum of our world-class Port Arthur LNG
E-natural gas consortium could be gateway to lower carbon, more secure energy future
Sempra Declares Common and Preferred Dividends
SAN DIEGO, Sept. 6, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $0.595 per share quarterly dividend on the company's common stock, which is payable Oct. 15, 2023, to common stock shareholders of record at the close of business on Sept. 27, 2023. The quarterly dividend has been adjusted for the previously effected two-for-one stock split of the company's common stock.
Sempra's board of directors also declared a semi-annual dividend of $24.375 per share on the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual
Sempra Infrastructure and Leading Japanese Consortium to Develop Carbon-Neutral Gas Production and LNG Supply Chain
HOUSTON, Aug. 30, 2023 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced an agreement with a consortium comprised of Tokyo Gas Company, Ltd., Osaka Gas Company, Ltd., Toho Gas Company., Ltd. and Mitsubishi Corporation to participate in the evaluation of a proposed project to produce e-natural gas, a form of carbon recycling, in the U.S. Gulf Coast. If the project is successful, it could be the first link of an international supply chain of liquified e-natural gas, a synthetic gas produced from renewable hydrogen and carbon dioxide.
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Uplifting small businesses with supplier diversity
SoCalGas' [H2] Innovation Experience Receives Prestigious Regional 'Award of Merit'
Award winning microgrid project honored by Engineering News-Record California
DOWNEY, Calif., Aug. 29, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) stands as one of the 16 recipients honored with the regional "Award of Merit" by Engineering News-Record (ENR) California for its [H2] Innovation Experience microgrid demonstration project. Recipients of the award also include other noteworthy projects in fields such as healthcare, hospitality, and education.
The award
SDG&E pioneers virtual power plant to help ease strain on the power grid during extreme heat
Connected devices such as energy storage and smart thermostats centrally managed to reduce demand on the grid
SAN DIEGO, Aug. 28, 2023 /PRNewswire/ -- As extreme heat records fall across the West and strain the power grid, San Diego Gas & Electric is piloting a new cleantech innovation known as a virtual power plant (a VPP) to reduce energy demand and put electricity back on the grid during peak hours – all through leveraging the capabilities of customer-owned smart thermostats, rooftop solar, energy storage and other connected resources such as water pumps.
(Download project photos via
Sempra Named to FTSE4Good Index Series for Sustainable Business Practices
SAN DIEGO, Aug. 24, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) continues to achieve recognition for its sustainable business practices, ranking on the prestigious FTSE4Good Index Series for the eighth consecutive year.
Sustainability is central to Sempra's strategy and the company attributes its sustainable business practices to helping drive performance, capturing new opportunities and delivering long-term sustainable value for shareholders. The FTSE4Good Index Series recognized Sempra's strong performance across multiple themes including biodiversity, human rights and community and