Sempra Launches Port Arthur LNG Project
- Finalizes Joint Venture with ConocoPhillips
- Closes Non-Recourse Project Financing
- Announces Equity Participation by KKR
- Issues Final Notice to Proceed to Bechtel
SAN DIEGO, March 20, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its 70%-owned subsidiary, Sempra Infrastructure Partners, LP (Sempra Infrastructure), reached a positive final investment decision (FID) for the development, construction and operation of the Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Sempra Infrastructure closed its joint venture with an affiliate of ConocoPhillips