SoCalGas Announces First Renewable Natural Gas Contract Approved Under California Program
LOS ANGELES, March 18, 2025 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today announced it executed a contract with Organic Energy Solutions (OES) to procure renewable natural gas (RNG) converted from organic waste and inject it into SoCalGas' pipeline system. The contract is the first approved by the California Public Utilities Commission (CPUC) under Senate Bill (SB) 1440 which sets specific RNG procurement targets for the state's natural gas utilities. The RNG will be sourced from a project located in the city of San Bernardino and is an important step toward achieving Califo
SDG&E Expands Energy Storage Capabilities to Enhance Grid Resiliency and Affordability for Customers
SAN DIEGO, March 14, 2025 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) announced today the California Public Utilities Commission (CPUC) has approved an expansion of the company's Westside Canal Battery Energy Storage facility in California's Imperial Valley. This expansion project will add 100 megawatts (MW) of energy storage capacity to the existing 131 MW facility and is projected to be fully operational by June 2025.
"The expansion of Westside Canal is a critical step
Sempra Reports 2024 Financial and Business Results
- Raises Five-Year Capital Plan to $56B
- Targets 2025 FID for Port Arthur LNG Phase 2
- Adjusts 2025 EPS Guidance to $4.30 to $4.70
- Issues 2026 EPS Guidance of $4.80 to $5.30
- Increases Long-Term EPS Growth Rate to 7% to 9%
SAN DIEGO, Feb. 25, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) today reported full-year 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $2.82 billion or $4.42 per diluted share, compared to full-year 2023 GAAP earnings of $3.03 billion or $4.79 per diluted share. On an adjusted basis, the company's full-year 2024 earnings were
Sempra Named One of World's Most Admired Companies
SAN DIEGO, Feb. 13, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) has been named one of the World's Most Admired Companies for 2025 by Fortune Magazine, marking the 15th year the company has been recognized as a top global business with strong corporate reputation.
"It's an honor to be named one of the World's Most Admired Companies and to receive recognition for Sempra's efforts to build one of the leading energy infrastructure companies in North America," said Jeffrey W. Martin, chairman and CEO of Sempra. "It is an exciting time to be in the energy sector. Our high-performance culture
SDG&E Becomes First California Utility to Achieve Top Safety Honors with CAL/OSHA VPP Certification
SAN DIEGO, Feb. 12, 2025 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) announced today that its Kearny Mesa facility, the backbone of its regional electrical operations, has been awarded the prestigious California Division of Occupational Safety and Health (Cal/OSHA) Voluntary Protection Program (VPP) safety certification. SDG&E is the first utility in the state to earn this recognition for excellence in workplace safety and health management.
The Cal/OSHA VPP
Sempra to Report Fourth-Quarter and Full-Year 2024 Earnings February 25
SAN DIEGO, Feb. 10, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) plans to release its fourth-quarter and full-year 2024 earnings by 8 a.m. ET, Tuesday, Feb. 25. The announcement will also include an update on Sempra's five-year capital and financing plan.
Jeffrey W. Martin, chairman and CEO, Karen Sedgwick, executive vice president and chief financial officer, and other senior leaders from across the company will host a conference call at 12 p.m. ET, Tuesday, Feb. 25. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors
Sempra Appoints Anya Weaving and Kevin Sagara to Board of Directors
SAN DIEGO, Feb. 10, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) today announced the appointments of Anya Weaving and Kevin Sagara to the company's board of directors effective March 1, 2025.
Weaving's extensive investment banking experience, where she advised clients in the oil and gas industry on strategy, mergers and acquisitions (M&A) and capital markets transactions, combined with her previous role as a chief financial officer, brings industry knowledge and critical skills in strategic decision-making, financial acumen and governance to the board.
With over 30 years of experience in
SoCalGas Declares Preferred Dividends
LOS ANGELES, Jan. 30, 2025 /PRNewswire/ -- The board of directors of Southern California Gas Company (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows:
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SoCalGas: |
|
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Preferred Stock |
$0.375 per share |
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Preferred Stock, Series A |
$0.375 per share |
The dividends are payable on April 15, 2025, to shareholders of record on March 10, 2025.
About SoCalGas
SoCalGas is the largest gas
Sempra Named to Dow Jones Sustainability Index North America for 14th Consecutive Year
SAN DIEGO, Jan. 27, 2025 /PRNewswire/ -- Sempra (NYSE: SRE) has been named to the Dow Jones Sustainability Index (DJSI) North America for the 14th consecutive year, reflecting the company's commitment to responsible business practices that aim to reduce risk, improve operational excellence and promote financial stewardship. The DJSI North America noted Sempra outperforms its peers in several categories, including risk and crisis management, community relations and information security and cybersecurity, among other areas.
"Sempra's strong track record of generating shareholder value is driven