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Jeffrey W. Martin Named Chairman Of Sempra Energy

SAN DIEGO, Sept. 10, 2018 /PRNewswire/ -- The board of directors of Sempra Energy (NYSE: SRE) today announced that CEO Jeffrey W. Martin has been elected chairman of the company, effective Dec. 1. Martin will succeed Debra L. Reed, who is retiring from Sempra Energy Dec. 1, as previously announced. Martin, 56, has served as Sempra Energy's CEO since May. "Early in his tenure as CEO, Jeff Martin has outlined a new strategy to focus on – and grow – Sempra Energy's North American business," said William C. Rusnack, lead independent director for Sempra Energy. "Jeff also has implemented important steps to further optimize the company's diversified business portfolio. Our board of directors strongly believes Jeff will provide the leadership necessary to continue to create long-term value for our shareholders and other key stakeholders by serving in the dual role of chairman and CEO." In his 13 years with the Sempra Energy family of companies, Martin has held a variety of increasingly responsible leadership positions. Prior to becoming Sempra Energy's CEO in May, he was executive vice president and chief financial officer of Sempra Energy. Previously, from 2014 through 2016, Martin was CEO of San Diego Gas & Electric (SDG&E). From 2010 through 2013, Martin was president and CEO of Sempra U.S. Gas & Power and Sempra Generation, the predecessor companies of Sempra Energy's renewable energy and midstream businesses. Prior to that, he was vice president of investor relations for Sempra Energy. He first joined Sempra Energy in 2004 as a principal working in Sempra Energy's mergers and acquisitions group. Prior to joining Sempra Energy, Martin was chief financial officer of NewEnergy, Inc. He also previously served as corporate counsel at UniSource Energy and was an attorney at the law firm of Snell & Wilmer, focusing on corporate and commercial finance and real estate. Martin currently serves on the board of directors of Oncor Electric Delivery Company LLC. He also is on the Business Roundtable and the board of trustees of the University of San Diego. Martin recently served on the boards of directors of the Edison Electric Institute, California Chamber of Commerce and National Association of Manufacturers. Martin holds a bachelor's degree from the United States Military Academy at West Point, a master's degree in public administration from the University of Texas, El Paso, and a law degree from the University of Miami. Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission (CPUC), U.S. Department of Energy, California Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers (including with respect to amounts associated with the San Onofre Nuclear Generating Station facility and 2007 wildfires) or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; and the impact on the value of our investments in natural gas storage and related assets from low natural gas prices, low volatility of natural gas prices and the inability to procure favorable long-term contracts for storage services; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-strategic assets on the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; and fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); the ability to obtain additional permanent equity financing for the acquisition of our investment in Oncor Holdings on favorable terms; indebtedness we have incurred to fund the acquisition of our investment in Oncor Holdings, which may make it more difficult for us to repay or refinance our debt or may require us to take other actions that may decrease business flexibility and increase borrowing costs; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to its requirement to meet and maintain its regulatory capital structure, or because any of the three major credit rating agencies rates Oncor's senior secured debt securities below BBB (or the equivalent) or Oncor's independent directors or a minority member director determine it is in the best interest of Oncor to retain such amounts to meet future capital expenditures; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

Sempra Energy Declares Common And Preferred Dividends

SAN DIEGO, Sept. 6, 2018 /PRNewswire/ -- Today, the Sempra Energy (NYSE:SRE) board of directors declared a quarterly dividend of $0.895 per share of common stock. The common stock dividend is payable Oct. 15, 2018, to common stock shareholders of record at the close of business on Sept. 21, 2018. The company's board of directors also declared a quarterly dividend of $1.50 per share on the company's 6-percent Mandatory Convertible Preferred Stock, Series A (Preferred Stock, Series A). The Preferred Stock, Series A, dividend will be payable Oct. 15, 2018, to Preferred Stock, Series A, shareholders of record as of Oct. 1, 2018. Additionally, Sempra Energy's board of directors declared a quarterly dividend of $1.725 per share on the company's 6.75-percent Mandatory Convertible Preferred Stock, Series B (Preferred Stock, Series B). The Preferred Stock, Series B, dividend will be payable Oct. 15, 2018, to Preferred Stock, Series B, shareholders of record as of Oct. 1, 2018. Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in timely obtaining or maintaining permits and other authorizations, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where the inverse condemnation doctrine applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets, volatility in commodity prices and moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our common stock, preferred stock and other securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements, certain reductions in its senior secured credit rating, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra Energy's website at www.sempra.com . Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof and Sempra Energy or its subsidiaries undertake no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. [SRE-F] SOURCE Sempra Energy

Sempra Energy Leads U.S. Utilities On 2018 Thomson Reuters iX Global Diversity And Inclusion Index

SAN DIEGO, Sept. 6, 2018 /PRNewswire/ -- Sempra Energy (NYSE:SRE) is the only U.S. utility holding company ranked in the top 25 on the Thomson Reuters iX Global Diversity and Inclusion Index, released today. "A focus on diversity and inclusion not only creates a respectful work environment for our employees, but it also drives our success," said G. Joyce Rowland, senior vice president and chief culture officer for Sempra Energy. "When employees have different perspectives and backgrounds, we can view issues through a broader lens, be a more responsible partner in the community and make forward-looking decisions that benefit our stakeholders." This is the third year Thomson Reuters has released this index, which ranks the top 100 publicly traded companies using environmental, social and governance metrics to assess diversity and inclusivity in the workplace. The index evaluates companies in four key categories: diversity, inclusion, people development, and news and controversies. Sempra Energy and its subsidiaries have a variety of programs to enhance diversity of thought and inclusivity in the workplace, including employee councils, a mentorship program, an annual Diversity & Inclusion Summit and supplier diversity programs. Jeffrey W. Martin, Sempra Energy's CEO, also has joined the CEO Action for Diversity & Inclusion,™ the largest CEO-driven business commitment to advance diversity and inclusion in the workplace. Sempra Energy includes San Diego Gas & Electric, Southern California Gas Co., Oncor Electric Delivery Co., Sempra LNG & Midstream, IEnova, Sempra South American Utilities and Sempra Renewables. Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

Sempra Energy Receives FERC Notice Of Schedule For Port Arthur, Texas, LNG Export Project

SAN DIEGO, Sept. 4, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE), has received a Notice of Schedule from the Federal Energy Regulatory Commission (FERC) that sets Jan. 31, 2019, as the planned completion date of the final environmental impact statement for siting, construction and operation of the proposed Port Arthur LNG natural gas liquefaction-export project in Jefferson County, Texas. "This is an important step forward in the federal regulatory review to construct our Port Arthur liquefaction-export project on Texas' Gulf Coast," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "Federal and Texas state policymakers have been instrumental in supporting U.S. liquefied natural gas (LNG) exports to bolster the U.S. economy." "Sempra Energy's new liquefaction facility will be a boon to the Port Arthur community and to the entire state of Texas," said Texas Gov. Greg Abbott. "This project will not only create thousands of jobs and benefit the local economies, but it will also be a boost to our nation's economy. I thank Sempra Energy for their investment in Texas and Port Arthur, and I look forward to the completion of this project." "I am honored to have worked to make the Port Arthur LNG export project a reality, which will bring thousands of jobs to Texas and renewed prosperity to communities like Port Arthur, where families are still rebuilding one year after the devastation of Hurricane Harvey," U.S. Sen. Ted Cruz said. "Our Gulf communities remain strong, and Texas continues to forge ahead as an energy leader for America and the entire world." " Southeast Texas is America's energy gateway," said U.S. Rep. Randy Weber. "As more LNG facilities come online, the contributions our region makes to America's energy dominance further increase. I am grateful to FERC for finalizing the notice of schedule, allowing Sempra Energy to complete this project years in the making." The FERC issued its Notice of Schedule for the proposed Port Arthur liquefaction-export project Aug. 31. The project is expected to include two natural gas liquefaction trains to enable the long-term sale of approximately 11 million tonnes per annum (Mtpa) of LNG; feed gas pre-treatment facilities; natural gas liquids and refrigerant storage; up to three LNG storage tanks; two marine berths and associated facilities. The ultimate decision to construct the Port Arthur liquefaction project is contingent upon obtaining binding customer commitments and financing arrangements; reaching a definitive engineering, procurement and construction contract; securing all necessary permits and approvals including a FERC order approving the siting, construction and operation of the project and reaching a final investment decision. Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the U.S. Department of Energy, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency and Pipeline and Hazardous Materials Safety Administration, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in timely obtaining or maintaining permits and other authorizations, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the availability of natural gas and liquefied natural gas, and natural gas pipeline and storage capacity; equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases and harmful emissions, and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits) or may be disputed by insurers; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; changes in foreign and domestic trade policies and laws, including border tariffs, revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra Energy's website at www.sempra.com . Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof and Sempra Energy or its subsidiaries undertake no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

New Study Shows Natural Gas Engine Can Dramatically Reduce Smog from Heavy-Duty Trucks

RIVERSIDE, Calif., Aug. 30, 2018 /PRNewswire/ -- The University of California, Riverside College of Engineering Center for Environmental Research and Technology (CE-CERT) and Southern California Gas Co. (SoCalGas) today announced the results of a new study on ultra-low emission natural gas heavy-duty engines, showing a new 11.9-liter engine achieved California's lowest smog-forming emissions standard, and maintained those emission during all types of driving. The study results underscore the ability of the near-zero truck engines to clean the air: most heavy-duty vehicles on roads today are predominantly diesel-powered and represent one of the largest sources of nitrogen oxide (NOx), or smog-forming, emissions and fuel consumption in North America. By contrast, the new near-zero emissions 12-liter engine, made by Cummins Westport, is the only heavy-duty engine in the category to not only meet, but exceed, the California Air Resources Board's cleanest optional low-NOx standard of 0.02 g/bhp-hr. Kent Johnson, assistant research engineer at CE-CERT, led the tests on the near-zero emissions natural gas engine. The evaluation included regulated and non-regulated emissions, ultrafine particles, global warming potential, and fuel economy. The testing was performed during in-use testing on a dynamometer that simulated various types of driving conditions, from pulling into a loading dock to regional hauling. Johnson performed similar testing on an 8.9-liter near-zero natural gas engine last year. Those results found the smaller engine had even lower emissions than California standards will require in the near future—in some driving conditions, almost zero. "The first study was a smaller engine intended for use in school buses and trash trucks, which are only about 30 percent of the heavy-duty inventory. The new engine is for drayage and movement of goods, or 70 percent of the inventory. This engine technology is good not only for the smaller work-force applications of transit and refuse, but also for hauling loads around Southern California," Johnson said. "The transportation sector accounts for more than 80 percent of smog-forming emissions in California," said Sharon Tomkins, vice president of customer solutions and strategy for SoCalGas. "The test results from UC Riverside once again shows the latest natural gas engine technology, which is available and on the road today, will play a vital role in achieving California's clean air goals." "The Energy Commission is pleased to support, along with South Coast Air Quality Management District and SoCalGas, the initial testing of this cleaner low NOx Cummins engine and glad to see it has been certified by the California Air Resources Board," said California Energy Commission Commissioner Janea A. Scott. "This type of near-zero pollution engine adds to the growing number of clean energy technologies being developed to reduce pollution in efforts to meet California's clean air standards and is particularly important in Southern California where air quality continues to be a challenge and freight movement represents a third of the region's economy." "Large scale and accelerated deployment of near zero-emissions engine technology is vital for achieving the necessary emission reductions to achieve federal air quality standards in 2023 and 2031 ," said Wayne Nastri, executive officer of the South Coast Air Quality Management District. "To meet our air quality goals, we must continue to see improvements in the transportation sector, which contributes the most air pollution in our region." About 41 percent of the state's greenhouse gas (GHG) emissions come from transportation. When near-zero emission natural gas trucks are fueled by renewable natural gas, GHG emissions can be reduced by at least 80 percent. Already, close to 70 percent of natural gas fleets in California are fueled with renewable natural gas and is expected to continue to climb this year. The full study, funded by the South Coast Air Quality Management District, the California Energy Commission and SoCalGas, can be found here. About the University of California Riverside's CE-CERT:Distinguished by more than 50 years of high-impact research, the University of California at Riverside has become one of the leading institutions for the exploration of society's most pressing environmental challenges in air, energy, and transportation. CE-CERT's research focus is on using technology to achieve environmental sustainability, an ambitious goal that will require innovation in many different areas. From working to understand how emissions impact air quality to developing technologies needed to improve solar and other renewable power sources, the projects that our research teams are currently engaged in support one of more of the following focus areas: clean air, sustainable transportation, renewable fuels, climate change, and renewable energy and smart grids. Learn more at: http://www.cert.ucr.edu. About SoCalGasHeadquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook . SOURCE Southern California Gas Company

SoCalGas’ Energy Resource Center Awarded WELL Certification for Health-Enhancing Buildings

LOS ANGELES, Aug. 29, 2018 — Southern California Gas Co. (SoCalGas) today announced that its Energy Resource Center in Downey, California has achieved WELL Certification at the Silver Level for New and Existing Buildings by the International WELL Building Institute (IWBI). The distinction was awarded through IWBI’s WELL Building Standard (WELL) for buildings and spaces that promote human health, well-being, and comfort in their design. To be awarded WELL Certification, the Energy Resource Center underwent rigorous testing and a final evaluation carried out by Green Business Certification Inc., the third-party certification body for WELL. The facility earned the distinction based on seven categories of building performance — Air, Water, Light, Nourishment, Fitness, Comfort, and Mind — meeting IWBI’s high performance requirements meant to ensure high air and water quality, good nutrition, accessibility, and ergonomic comfort, as well as comfortable lighting, temperature, and sound levels. The center is the 105th WELL Certified project globally and the 16 th WELL Certified project in California. “We are very pleased that the Energy Resource Center has been recognized with this prestigious certification,” said Estela de Llanos, vice president of operations support and sustainability and chief environmental officer at SoCalGas and San Diego Gas & Electric. “This special facility helps thousands of commercial and industrial customers find economical, efficient, and sustainable solutions for their energy needs, and now we can also take pride in its ability to enhance health and wellness.” “By achieving WELL Certification at its Energy Resource Center, SoCalGas has demonstrated a commitment to its employees and customers that their health is a priority,” said IWBI chairman and CEO Rick Fedrizzi. “This unique project also serves as a testament to how building performance and human performance go hand in hand, enhancing both the health of the environment and the health of people.” SoCalGas provides a broad variety of services at the Energy Resource Center for commercial and industrial customers, including hands-on testing of commercial cooking equipment, building operator certification training, and technical and foodservice seminars. The center was the first building in California to receive Leadership in Energy and Environmental Design (LEED) recognition, is LEED EB: O&M Platinum certified by the U.S. Green Building Council, and was named a Top Ten Project by The American Institute of Architects’ (AIA) Committee on the Environment in 1998. It uses more than 40 percent less water outdoors, nearly 40 percent less water indoors, and more than 50 percent less energy than other commercial buildings its size. SoCalGas helps its business customers, as well as its residential customers, keep their utility bills affordable. The company offers more than 90 energy efficiency and rebate programs that have delivered $161 million in cost savings over the past five years, and since 1990, these programs have saved customers more than $670 million and reduced emissions equal to taking almost 700,000 cars off the road. Moreover, because of energy efficiency measures and new innovative technology, natural gas emissions in commercial and residential buildings account for only about 7.5 percent of greenhouse gas emissions statewide, according to the California Air Resources Board. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook . # # #

Traffic Advisory: Lane Reductions in Alhambra and Rosemead for Pipeline Inspection Project

WHAT: SoCalGas will be performing a safety inspection on a segment of natural gas pipeline in Alhambra starting on August 27 and in Rosemead starting on September 4. Crews are expected to work on the natural gas pipeline through November 2018. To perform this pipeline inspection safely, northbound traffic on Walnut Grove Avenue between Fern Avenue and Klingerman Street in the city of Rosemead will be reduced to one lane. Traffic on Front Street between Marengo Avenue and Benito Avenue in Alhambra will be reduced to one lane. Traffic control signs and cones will help direct the flow of traffic. There will be parking restrictions on Walnut Grove Avenue in Rosemead and Front Street in Alhambra around the construction site. Residents and local businesses may hear some work-related noise. During work hours, commuters passing by the work site will see excavation, equipment and vehicles. No interruption to natural gas service is anticipated. Customers may smell the odor of natural gas. Although this is normal when crews are working, SoCalGas encourages anyone who smells gas to call us at 1-800-427-2200 . SoCalGas is available 24 hours a day, seven days a week. WHERE: Walnut Grove Avenue between Fern Avenue and Klingerman Street in the city of Rosemead, as shown in this link. Front Street between Marengo Avenue and Benito Avenue, as shown in this link. WHEN: Lanes will be reduced from 7 a.m. to 7 p.m., Monday through Friday, from approximately August 27 through November 2018. NOTE: SoCalGas continually invests in its natural gas system infrastructure. From 2011 through 2016, the company invested nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. To learn more about SoCalGas’ Pipeline Safety, visit: https://www.socalgas.com/stay-safe/pipeline-and-storage-safety/pipeline… PUBLIC CONTACT: Customers with questions or concerns about the construction work may call SoCalGas’ Customer Contact Center 24-hours a day, seven-days a week at 800-427-2200 . Our top priorities are to work safely and to provide the communities we serve with safe and reliable natural gas service. ###

Sempra Energy Unit PXiSE, Mitsui Sign Equity Investment Agreement For Advanced Smart Grid Control Platform

PXiSE Energy Solutions, LLC, a subsidiary of Sempra Energy (NYSE: SRE) today announced it has signed an equity investment agreement with Mitsui & Co., Ltd. for the development and sales of PXiSE’s high-speed patented software designed to benefit utilities, grid operators, power generators and commercial customers. Under the terms of the agreement, Mitsui has acquired up to a 20-percent equity stake in PXiSE Energy Solutions and will collaborate in the sales and marketing activities internationally through the company’s global network. “We are pleased to partner with Mitsui as an equity investor in PXiSE Energy Solutions,” said Dennis V. Arriola, chief strategy officer and executive vice president for external affairs and South America for Sempra Energy. “PXiSE's innovative technology can help improve the reliability, stability and efficiency of electric transmission and distribution systems, better balancing renewable and conventional resources.” PXiSE’s software platform – advanced grid control technology – can help optimize and operate a mix of energy resources at speeds of up to 60 times per second to achieve increased reliability at a lower cost than traditional grid control systems. PXiSE was awarded a patent last month by the U.S. Patent and Trademark Office for its propriety grid control system. “Our patented technology and innovative software solution, along with the significant technology development contributions from OSIsoft, should help transform electric grids to be smarter and more responsive to customers’ needs,” said Patrick Lee, president of PXiSE Energy Solutions. “We look forward to working with Mitsui, a well respected global company, to expand the deployment of PXiSE.” “We are confident PXiSE’s technology accelerates the digital transformation in the energy and power industry where Mitsui has many assets and access to partners,” said Makoto Serino, general manager of DT Business Development Div. for Mitsui & Co., Ltd. “Based on our great relationship with Sempra Energy established through our liquefied natural gas investments, we will further support PXiSE’s growth through our expertise as a partner and shareholder of OSIsoft, which provides one of the key technologies of PXiSE’s advanced grid control technology.” The PXiSE advanced grid control platform runs on a standard Microsoft Windows platform and uses an imbedded OSIsoft software and synchro-phasor data to enhance, analyze and respond to grid data from numerous power resources. The continuous higher-resolution visibility and artificial intelligence balances a mix of renewable energy, storage and traditional generation on the electrical grid. The PXiSE software application currently is in use at Sempra Renewables’ Auwahi Wind and Great Valley Solar facilities in Hawaii and Northern California, respectively; at Sempra Energy’s headquarters in San Diego; and at a winery in Sonoma County, Calif. To find out more, visit www.pxise.com. PXiSE Energy Solutions is a subsidiary of Sempra Energy, a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. Mitsui & Co., Ltd. is one of the world’s most diversified and comprehensive trading, investment and service enterprises. Headquartered in Tokyo, Mitsui maintains a global network of 137 offices in 66 countries and regions, and has 472 subsidiaries and associated companies worldwide. (As of Apr. 1, 2018) Visit www.mitsui.com to learn more. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in timely obtaining or maintaining permits and other authorizations, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where the inverse condemnation doctrine applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets, volatility in commodity prices and moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our common stock, preferred stock and other securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements, certain reductions in its senior secured credit rating, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission.

New Ultra-Low Emission Heavy Duty Natural Gas Trucks Hit the Road in California

LOS ANGELES, Aug. 14, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and Food Express, Inc. (FXI) today announced the addition of 11 new ultra-low emission natural gas trucks to the FXI fleet. The company, with the assistance of SoCalGas, applied for and received $1.1 million in grant funding for the new trucks which started making deliveries today. The company has an additional 35 trucks on order. Funding was received from the Prop 1B program administered by the San Joaquin Valley Air Pollution Control District and the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Program (HVIP). The purchase of 46 new trucks represents about 50 percent of FXI's California fleet. The company is on the wait list for an additional $900,000 in Prop 1B grants from the San Diego Air Pollution Control District, which would be used to purchase another 9 trucks. Replacing 55 diesel trucks with new ultra-low emission natural gas trucks is the equivalent of taking more than 3,100 passenger cars off the road. "As the owner of a local business that's been in my family for four generations, it is important that our company be part of the clean air solution," said Kevin Keeney, vice president of Arcadia, Calif.-based Food Express, Inc. "We've heard from many customers over the last few years about ways we can make our operation more environmentally-friendly. Our fleet travels about 7.5 million miles in California each year and the technological advancements of these new heavy-duty engines made our decision to switch to natural gas trucks an easy choice." "Over the last year, we've assisted SoCalGas customers with more than 400 applications for incentive funding to use for the trade in of existing diesel trucks for new natural gas ones," said Yuri Freedman, senior director of business development for SoCalGas. "At a time when greenhouse gas emissions from the transportation sector are increasing, the move to clean technologies is vital if California is to achieve ambitious 2030 greenhouse gas emissions reduction goals and air quality goals. These new natural gas trucks represent the only solution commercially available and will have an immediate impact on air quality." The transportation sector is responsible for about 41 percent of California's greenhouse gas emissions and more than 80 percent of the state's NOx emissions. These new heavy-duty natural gas trucks cut smog-forming emissions by more than 90 percent compared to the cleanest heavy-duty diesel trucks on the road today. When these ultra-low emission natural gas trucks are fueled by renewable natural gas, greenhouse gas emissions are reduced by at least 80 percent. Already, close to 70 percent of natural gas fleets in California are fueled with renewable natural gas. Results from a recent study conducted by the University of California, Riverside helps to understand one reason replacing these diesel trucks is so important. The study showed that NOx (smog-forming) emissions from diesel trucks are "actually much higher" than California Air Resources Board certification standards. The study cited poor performance of aftertreatment systems for diesel vehicles as the main reason. FXI replacing some of the oldest diesel trucks in its fleet with the ultra-low emission natural gas trucks will help achieve California's clean air goals. FXI transports flour and malt barley throughout California for use in products such as bread, ramen noodles, tortillas and craft beer. Photos of the new FXI trucks may be viewed here. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

SoCalGas Declares Preferred Dividends

LOS ANGELES, Aug. 14, 2018 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on October 15, 2018, to shareholders of record on September 10, 2018. About SoCalGasHeadquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

Kevin C. Sagara Named Chairman And CEO Of San Diego Gas & Electric

SAN DIEGO, Aug. 10, 2018 /PRNewswire/ -- Sempra Energy today announced that Kevin C. Sagara will become chairman and CEO of San Diego Gas & Electric (SDG&E), effective Aug. 25. Sagara, 57, currently president of Sempra Renewables, has worked for the Sempra Energy family of companies in a range of leadership roles for 22 years. "Sustainability and innovation have become an increasingly important focus of SDG&E's approach to customer service and Kevin Sagara's expertise in these areas will further enhance the depth of SDG&E's already strong leadership team," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "Kevin's extensive commercial, legal, technology and regulatory experience will help SDG&E continue to adapt to the rapidly changing energy landscape." Scott D. Drury, president of SDG&E since the beginning of 2017, will continue in his current role, reporting to Sagara. Under Drury's leadership, SDG&E has become a national leader in providing clean, safe and reliable energy. Today, approximately 45 percent of the utility's power supplies are sourced from renewable energy. Earlier this year, the Edison Electric Institute awarded SDG&E with the organization's 2018 Edison Award, one of the most prestigious honors in the electric utility industry. Sagara, who will report to Householder in his new role as chairman and CEO of SDG&E, has served as president of Sempra Renewables since 2014. Sagara helped Sempra Renewables grow to become one of the largest renewable energy companies in the U.S. Previously, from 2013 to 2014, he was vice president of renewables and corporate development for Sempra Energy's non-utility infrastructure development group. From 2010 to 2013, Sagara was vice president and general counsel in the infrastructure group. Prior to that, for seven years, he served as vice president and associate general counsel, corporate and commercial law, for Sempra Energy. Sagara first joined the Sempra Energy family of companies in 1992 as an attorney with SDG&E. He left Sempra Energy to work in the technology sector from 1999 to 2003. Sagara is a member of the board of trustees of Hubbs-SeaWorld Research Institute and has served as a member on the Governor's Committee on Energy Choice in Nevada. He also is on the advisory committee of the Harnessing Plants Initiative at the Salk Institute. Sagara has a bachelor's degree in geography-ecosystems from the University of California, Los Angeles, and a law degree from UC Hastings College of the Law. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in timely obtaining or maintaining permits and other authorizations, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where the inverse condemnation doctrine applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets, volatility in commodity prices and moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our common stock, preferred stock and other securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements, certain reductions in its senior secured credit rating, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

SoCalGas Raises 30-Foot Giant Shovel at OC Fair for National 811 Day on August 11 to Remind Residents to Call 811 Before Digging

LOS ANGELES, Aug. 9, 2018 /PRNewswire/ -- In recognition of upcoming National 811 Day on Aug. 11, Southern California Gas Co. (SoCalGas) raised its 30-foot-tall giant shovel at the OC Fair, where it will remain through Sun., Aug. 12 to bring awareness to the importance of contacting 811 to have utility lines marked by a professional before digging. Designated by the Federal Communications Commission (FCC), 811 is the national phone number that connects professionals and homeowners who plan to dig with a local call center that then sends professional utility technicians to mark the location of utility lines. According to data collected by Common Ground Alliance (CGA), an underground utility line is damaged once every 6 minutes nationwide because someone decided to dig without first calling 811. In 2017, SoCalGas recorded nearly 3,000 cases of damage to underground infrastructure caused by residents and contractors who did not call 811 prior to digging. Data shows, however, that when customers call 811 before digging, the likelihood of hitting a utility line is decreased by 99 percent. In 2017, approximately 15 percent of all accidental line strikes occurred in Orange County, the most of any region in SoCalGas' service territory. "Across SoCalGas' service territory, about 60 percent of pipeline damage is due to digging by homeowners, contractors, and excavators who did not call 811 before they started digging," said Rodger Schwecke, SoCalGas senior vice president of gas transmission, storage, and engineering. "We hope that by having our giant shovel here at the OC Fair customers are reminded that every digging project – no matter how big or small – warrants a call to 811, and since it's a free service, there is no reason not to call." In addition to providing safety-related information and a free reusable canvas tote bag to visitors who stop by SoCalGas' booth, the utility is holding a photo contest on Aug. 11 for SoCalGas customers who post a photo of themselves with the giant shovel to Facebook, using #bigshovel. Contestants will earn a ticket to be entered into a raffle for the chance to win an $811 Visa Gift Card. The winning ticket will be drawn at 8:11 p.m. on Sat., Aug. 11 by Lieutenant Pat Rich from the Orange County Sheriff's Department. Photos of the 30-foot giant shovel at the OC Fair are available here. Striking an underground utility line can result in serious injury and disrupt vital services, like natural gas, water, or electric service, to an entire neighborhood or community. To prevent such events from happening, SoCalGas encourages customers to take the following steps when planning any digging project this spring: Mark out your proposed work area in white (paint, chalk, flour, flags, etc.). Call 811 or submit an online location request to Underground Service Alert at least two working days prior to when you'll start digging. Wait to hear from us. We'll either come mark our natural gas lines, indicating pipe material and diameter, or let you know that the area is clear. Remember that SoCalGas uses yellow paint to mark its lines. If you need to dig within 24 inches of a marked utility line, use only hand tools to carefully expose the exact locations of the line before using any power excavation equipment in the area. Report any pipe damage – no matter how big or how small – by calling us immediately at 1-800-427-2200. Raising the community's awareness of public safety issues, like practicing safe digging, is just one way SoCalGas works hard to keep its customers safe. From 2011-2016, SoCalGas invested nearly $6 billion to upgrade and modernize its natural gas system, and SoCalGas bills continue to be among the lowest in the nation. Natural gas continues to rank among the most affordable sources of energy. More than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes, or other uses. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States, providing clean, safe, affordable and reliable natural gas service to 21.8 million customers in Central and Southern California. Its service territory spans 24,000 square miles from Fresno to the Mexican border, reaching more than 550 communities through 5.9 million meters and 101,000 miles of pipeline. More than 90 percent of Southern California single-family home residents use natural gas for home heat and hot water. In addition, natural gas plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas has served communities in California for 150 years and is committed to being a leader in the region's clean energy future. The company is working to accelerate the use of renewable natural gas, a carbon-neutral or carbon-negative fuel created by capturing and conditioning greenhouse gas emissions from farms, landfills and wastewater treatment plants. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

Sempra Energy Forms North American Infrastructure Group

SAN DIEGO, Aug. 8, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that it has formed a new operating group for its North American infrastructure businesses and named Carlos Ruiz Sacristán chairman and CEO of the group, Sempra North American Infrastructure. Ruiz has served as chairman and CEO of Sempra Energy's Mexican operating subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA) since 2012. Ruiz and the new Sempra North American Infrastructure group will report to Joseph A. Householder, president and chief operating officer of Sempra Energy. The group will encompass Sempra Energy's Mexican operations contained within IEnova, Sempra LNG & Midstream's existing operations, including Cameron LNG and all other liquefied natural gas (LNG) development and marketing activities. As part of his new role, Ruiz will continue to serve as executive chairman of the board of directors of IEnova. " Carlos Ruiz has overseen exceptional growth at IEnova, including its successful initial public offering in Mexico in 2013," said Jeffrey W. Martin, CEO of Sempra Energy. "This new streamlined organizational structure will better align our non-utility operations to serve our global customers, and develop and execute projects even more effectively." "I'm honored and excited to serve in this new role at Sempra Energy and to continue my close involvement with IEnova," said Ruiz. "We've built a strong and deep leadership team at IEnova and I will be devoting my full attention to growing Sempra Energy's North American infrastructure business." Previously, Ruiz was a member of Sempra Energy's board of directors from 2007 to 2012, when he became chairman and CEO of IEnova. Ruiz served as Mexico's Secretary of Communications and Transportation during the administration of Dr. Ernesto Zedillo Ponce de León from 1994 to 2000. Previously he served in various positions at the Central Bank (Banco de Mexico) from 1974 to 1988, the Ministry of Finance from 1988 to 1992, and Petróleos Mexicanos in 1994. He currently is a member of the board of directors of Southern Copper Corp, Banco Ve por Más, S.A de C.V., Grupo Creatica, S.A. de C.V., member of the Technical Committee of Diego Rivera and Frida Kahlo Museum and a member of the Technical Committee Trust of Museo Nacional de Energía y Tecnología. Ruiz, 68, holds a bachelor's degree in business administration from Anahuac University in Mexico City and a master's degree in business administration from Northwestern University in Chicago. Tania Ortiz Mena, 48, will succeed Ruiz as CEO of IEnova, effective Sept. 1. Ortiz will report to Ruiz and will be nominated to serve on IEnova's board of directors. Ortiz has served as IEnova's chief development officer since 2014 and has held a range of leadership positions with IEnova since joining the company in 2000, including vice president for business development and external affairs, vice president of external affairs and director for government and regulatory affairs. Previously, Ortiz worked for PMI, Pemex's international trading subsidiary. Ortiz is a board member of Oncor Electric Delivery Co. and the Mexican Natural Gas Association, as well as vice president of the board for the World Energy Council – Mexico Chapter, member of the Energy Regulatory Commission Advisory Board and member of the Mexican Council for International Relations. Octávio M. Simões, 59, currently president of Sempra LNG & Midstream, has been promoted to president and CEO of that company, reporting to Ruiz. Simões and his team will focus on maximizing the value of the company's LNG opportunities. Simões also will continue in his role as chairman of Cameron LNG, LLC., the joint venture of which Sempra owns 50 percent. He has served as president of Sempra LNG & Midstream since 2012. Previously he was vice president of commercial development for Sempra LNG, where he was responsible for marketing the capacity of LNG receipt terminals, developing LNG facilities, securing LNG supply, securing shipping and acquiring equity positions in liquefaction plants. Prior to that, Simões served as vice president of asset management and vice president of planning and analysis for Sempra Generation, and in senior positions with Earth Tech and NEERI. Justin C. Bird, 47, currently vice president of gas infrastructure and special counsel for Sempra Energy, has been named chief development officer for the Sempra North American Infrastructure group. In his new role reporting to Ruiz, Bird will be responsible for activities related to project development for all current and future LNG and midstream projects. Amy Chiu, 52, vice president of asset management for Sempra LNG & Midstream, has been named chief asset management officer for the Sempra North American Infrastructure group. In her new role, Chiu will oversee Cameron LNG joint-venture management, Energía Costa Azul joint-venture management and LNG operations. Kathryn J. Collier, 50, vice president and treasurer for Sempra Energy, has been appointed chief financial officer and chief administrative officer for the Sempra North American Infrastructure group. In her new role, she will oversee accounting, economic and financial modeling, human resources, information technology and procurement for the new operating group. All of the organizational changes described above are effective Aug. 25, unless noted otherwise. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission (CPUC), U.S. Department of Energy, California Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers (including with respect to amounts associated with the San Onofre Nuclear Generating Station facility and 2007 wildfires) or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; and the impact on the value of our investments in natural gas storage and related assets from low natural gas prices, low volatility of natural gas prices and the inability to procure favorable long-term contracts for storage services; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-strategic assets on the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; and fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); the ability to obtain additional permanent equity financing for the acquisition of our investment in Oncor Holdings on favorable terms; indebtedness we have incurred to fund the acquisition of our investment in Oncor Holdings, which may make it more difficult for us to repay or refinance our debt or may require us to take other actions that may decrease business flexibility and increase borrowing costs; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to its requirement to meet and maintain its regulatory capital structure, or because any of the three major credit rating agencies rates Oncor's senior secured debt securities below BBB (or the equivalent) or Oncor's independent directors or a minority member director determine it is in the best interest of Oncor to retain such amounts to meet future capital expenditures; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

SoCalGas Announces Settlement Agreement with Los Angeles City Attorney and County, California Attorney General, and Air Resources Board

LOS ANGELES, Aug. 8, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the company has entered into a settlement agreement with the Los Angeles City Attorney's Office, the County of Los Angeles, the California Office of the Attorney General, and the California Air Resources Board to resolve all outstanding claims by those government bodies against the company related to the 2015-2016 natural gas leak at the Aliso Canyon natural gas storage facility. Under the terms of the $119.5 million settlement agreement, SoCalGas will, among other things, reimburse city, county and state governments for costs associated with their response to the leak; establish a program with the California Air Resources Board to mitigate the methane emissions from the leak; and fund local environmental benefit projects to be administered by the government parties. "SoCalGas is delivering on our commitment to the Governor and the people of California to fully mitigate the methane emissions from the leak at our Aliso Canyon facility," said Bret Lane, president and chief operating officer for SoCalGas. "The settlement will also help California meet its ambitious climate goals by advancing projects that capture methane from dairy farms and waste and convert that energy into renewable natural gas for use in transportation. SoCalGas is pleased to have worked with the Attorney General's Office, the Air Resources Board, the Los Angeles City Attorney and the County of Los Angeles to resolve these matters for the people of California." Building on the comprehensive safety enhancements that have been introduced at the field, SoCalGas also agreed to continue its fence line methane monitoring program and hire an independent ombudsman to monitor and report on safety at the facility. Most Comprehensive Safety Review in the Nation On Jul. 19, 2017, the California Public Utilities Commission (CPUC) and Division of Oil, Gas, and Geothermal Resources (DOGGR) cleared SoCalGas to resume limited injections at the Aliso Canyon natural gas storage facility as described here. State regulators and independent experts at the National Labs have called the safety review conducted at Aliso Canyon the most comprehensive in the nation. Under new regulations, gas will only flow through newly installed and pressure-tested inner steel tubing. The outer casing of wells will serve only as a secondary layer of protection. At the state's direction, the field also will be operated at a reduced pressure, providing an added margin of safety. Additionally, SoCalGas has introduced industry-leading technology and practices at Aliso Canyon, including: Around-the-clock pressure monitoring of all wells in a 24-hour operations center; Daily patrols to visually examine every well four times each day; Daily scanning of each well, using sensitive infrared thermal imaging cameras that can detect leaks; and Enhanced training for our employees and contractors. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States, providing clean, safe, affordable and reliable natural gas service to 21.8 million customers in Central and Southern California. Its service territory spans 24,000 square miles from Fresno to the Mexican border, reaching more than 550 communities through 5.9 million meters and 101,000 miles of pipeline. More than 90 percent of Southern California single-family home residents use natural gas for home heat and hot water. In addition, natural gas plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas has served communities in California for 150 years and is committed to being a leader in the region's clean energy future. The company is working to accelerate the use of renewable natural gas, a carbon-neutral or carbon-negative fuel created by capturing and conditioning greenhouse gas emissions from farms, landfills and wastewater treatment plants. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission (CPUC), U.S. Department of Energy, California Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, California Air Resources Board, South Coast Air Quality Management District, Los Angeles County Department of Public Health, states, cities and counties, and other regulatory and governmental bodies in the United States; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the availability of electric power and natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; the impact on the value of our investments in natural gas storage and related assets from low natural gas prices, low volatility of natural gas prices and the inability to procure favorable long-term contracts for storage services; risks that our counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases and harmful emissions, and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; and fluctuations in inflation and interest rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. SOURCE Southern California Gas Company

Sempra Energy Reports Second-Quarter 2018 Results

SAN DIEGO, Aug. 6, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported second-quarter 2018 losses of $561 million, or $2.11 per diluted share, compared with earnings of $259 million, or $1.03 per diluted share, in the second quarter 2017. Sempra Energy's second-quarter 2018 results included a $755 million impairment (after tax and noncontrolling interests) related to the planned sale of certain U.S. midstream assets and a $145 million after-tax impairment related to the planned sale of U.S. wind investments. On an adjusted basis, excluding the aforementioned impairment charges, Sempra Energy's second-quarter 2018 earnings were $361 million, or $1.35 per diluted share, up from $276 million, or $1.10 per diluted share, in last year's second quarter. "In the second quarter, we achieved solid operating results and, with our recent successful equity offerings, we have strengthened our balance sheet," said Jeffrey W. Martin, CEO of Sempra Energy. "We also have taken significant steps to begin optimizing our portfolio of assets and expand our liquefied natural gas (LNG) business. These initiatives are integral to our long-term strategic plan, which should deliver shareholder value through superior earnings and dividend growth." Sempra Energy's losses for the first six months of 2018 were $214 million, or $0.82 per diluted share, compared with earnings of $700 million, or $2.77 per diluted share, in the first six months of 2017. Adjusted earnings for the first six months of 2018 were $733 million, or $2.78 per diluted share, compared with $714 million, or $2.83 per diluted share, in the first six months of 2017. On June 28, following the company's annual strategic review, Sempra Energy announced a portfolio optimization initiative designed to create incremental shareholder value. The company intends to sell several energy infrastructure assets, including its entire portfolio of U.S. wind and U.S. solar assets and investments, as well as certain U.S. midstream storage assets. Proceeds from the sales will be used to support growth opportunities in the company's other businesses and further strengthen Sempra Energy's balance sheet. On July 13, Sempra Energy successfully completed equity offerings that are expected to raise $1.82 billion, assuming settlement of all forward sale agreements by issuance of common stock. The funds will be used to complete the financing for the acquisition earlier this year of an 80.25-percent stake in Oncor Electric Delivery Co. with approximately 65 percent in equity. OPERATING HIGHLIGHTS In the second quarter, Sempra LNG & Midstream advanced development of its Port Arthur LNG and Energía Costa Azul natural gas liquefaction-export projects. On June 26, Port Arthur LNG entered into a preliminary 20-year agreement for the sale of 2 million tonnes per annum (Mtpa) of natural gas to the Polish national oil company, beginning in 2023, subject to reaching a definitive agreement. On June 22 and June 25, respectively, Sempra LNG & Midstream announced the selection of Bechtel as the engineering, procurement, construction and commissioning (EPC) contractor for the Port Arthur liquefaction project under development in Texas and a partnership of TechnipFMC and Kiewit as the EPC contractor for the Energía Costa Azul liquefaction project under development in Mexico. Last month, Sempra Energy's Mexican operating unit, IEnova, announced it had been awarded a 20-year contract by the Topolobampo Port Administration in Mexico to build and operate an estimated $150 million receipt, storage and send-out liquid fuels marine terminal in the state of Sinaloa. Operations are expected to commence in the fourth quarter 2020. To support the project, IEnova has entered into 10- and 15-year U.S. dollar-denominated contracts for 100 percent of the terminal's capacity. The two contracts are with refining and fuel marketing companies. Both contracts have the potential to be extended to 20 years. NON-GAAP FINANCIAL MEASURES Non-GAAP financial measures include Sempra Energy's 2018 adjusted earnings and adjusted earnings per share for both the second quarter and first six months of 2018 and 2017. Information regarding these non-GAAP financial measures is in the appendix on Table A of the second-quarter financial tables. INTERNET BROADCAST Sempra Energy will broadcast a live discussion of its earnings results over the Internet today at 12 p.m. EDT with senior management of the company. Access is available by logging onto the website at www.sempra.com. For those unable to log onto the live webcast, the teleconference will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 7703894. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in timely obtaining or maintaining permits and other authorizations, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners and counterparties; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where the inverse condemnation doctrine applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets, volatility in commodity prices and moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our common stock, preferred stock and other securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; the ability to realize the anticipated benefits from our investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings); Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements, certain reductions in its senior secured credit rating, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SEMPRA ENERGY Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended June 30, Six months ended June 30, (Dollars in millions, except per share amounts) 2018 2017 (1) 2018 2017 (1) (unaudited) REVENUES Utilities $ 2,190 $ 2,197 $ 4,788 $ 4,895 Energy-related businesses 374 336 738 669 Total revenues 2,564 2,533 5,526 5,564 EXPENSES AND OTHER INCOME Utilities: Cost of electric fuel and purchased power (557) (553) (1,103) (1,080) Cost of natural gas (179) (228) (527) (713) Energy-related businesses: Cost of natural gas, electric fuel and purchased power (69) (62) (138) (129) Other cost of sales (19) 38 (37) 16 Operation and maintenance (783) (748) (1,564) (1,467) Depreciation and amortization (392) (368) (778) (728) Franchise fees and other taxes (104) (101) (221) (211) Impairment losses (1,300) (71) (1,300) (71) Other (expense) income, net (54) 108 99 282 Interest income 21 8 54 14 Interest expense (237) (159) (453) (328) (Loss) income before income taxes and equity (losses) earnings of unconsolidated subsidiaries (1,109) 397 (442) 1,149 Income tax benefit (expense) 583 (167) 294 (462) Equity (losses) earnings (4) 18 (24) 13 Net (loss) income (530) 248 (172) 700 (Earnings) losses attributable to noncontrolling interests (5) 12 12 1 Mandatory convertible preferred stock dividends (25) — (53) — Preferred dividends of subsidiary (1) (1) (1) (1) (Losses) earnings attributable to common shares $ (561) $ 259 $ (214) $ 700 Basic (losses) earnings per common share $ (2.11) $ 1.03 $ (0.82) $ 2.79 Weighted-average number of shares outstanding, basic (thousands) 265,837 251,447 261,906 251,290 Diluted (losses) earnings per common share $ (2.11) $ 1.03 $ (0.82) $ 2.77 Weighted-average number of shares outstanding, diluted (thousands) 265,837 252,822 261,906 252,609 Dividends declared per share of common stock $ 0.89 $ 0.83 $ 1.79 $ 1.65 (1) As adjusted for the retrospective adoption of ASU 2017-07 and a reclassification to conform to current year presentation. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY ADJUSTED EARNINGS TO SEMPRA ENERGY GAAP (LOSSES) EARNINGS (Unaudited) Sempra Energy Adjusted Earnings and Adjusted Earnings Per Share exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2018 and 2017 as follows: Three months ended June 30, 2018: $(755) million impairment of certain non-utility natural gas storage assets in the southeast U.S. at Sempra LNG & Midstream $(145) million other-than-temporary impairment of certain U.S. wind equity method investments at Sempra Renewables $(22) million impacts associated with Aliso Canyon litigation at SoCalGas Three months ended June 30, 2017: $(47) million impairment of Sempra Mexico's Termoeléctrica de Mexicali (TdM) assets that were held for sale until June 2018 $2 million deferred income tax benefit on the TdM assets that were held for sale $28 million of recoveries related to 2016 permanent release of pipeline capacity at Sempra LNG & Midstream Six months ended June 30, 2018: $(755) million impairment of certain non-utility natural gas storage assets $(145) million other-than-temporary impairment of certain U.S. wind equity method investments $(22) million impacts associated with Aliso Canyon litigation $(25) million income tax expense to adjust Tax Cuts and Jobs Act of 2017 (TCJA) provisional amounts Six months ended June 30, 2017: $(47) million impairment of TdM assets that were held for sale $5 million deferred income tax benefit on the TdM assets that were held for sale $28 million of recoveries related to 2016 permanent release of pipeline capacity Sempra Energy Adjusted Earnings and Adjusted Earnings Per Common Share are non-GAAP financial measures (GAAP represents accounting principles generally accepted in the United States of America). Because of the significance and/or nature of the excluded items, management believes that these non-GAAP financial measures provide a meaningful comparison of the performance of Sempra Energy's business operations from 2018 to 2017 and to future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra Energy GAAP (Losses) Earnings and GAAP Diluted (Losses) Earnings Per Common Share, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. Pretax amount Income tax (benefit) expense (1) Non- controlling interests (Losses) earnings Pretax amount Income tax (benefit) expense (1) Non- controlling interests Earnings (Dollars in millions, except per share amounts) Three months ended June 30, 2018 Three months ended June 30, 2017 Sempra Energy GAAP (Losses) Earnings $ (561) $ 259 Excluded items: Impairment of non-utility natural gas storage assets $ 1,300 $ (499) $ (46) 755 $ — $ — $ — — Impairment of U.S. wind equity method investments 200 (55) — 145 — — — — Impacts associated with Aliso Canyon litigation 1 21 — 22 — — — — Impairment of TdM assets held for sale — — — — 71 — (24) 47 Deferred income tax benefit associated with TdM — — — — — (3) 1 (2) Recoveries related to 2016 permanent release of pipeline capacity — — — — (47) 19 — (28) Sempra Energy Adjusted Earnings $ 361 $ 276 Diluted (losses) earnings per common share: Sempra Energy GAAP (Losses) Earnings $ (2.11) (2) $ 1.03 Sempra Energy Adjusted Earnings $ 1.35 $ 1.10 Weighted-average number of shares outstanding, diluted (thousands) 267,536 (2) 252,822 Six months ended June 30, 2018 Six months ended June 30, 2017 Sempra Energy GAAP (Losses) Earnings $ (214) $ 700 Excluded items: Impairment of non-utility natural gas storage assets $ 1,300 $ (499) $ (46) 755 $ — $ — $ — — Impairment of U.S. wind equity method investments 200 (55) — 145 — — — — Impacts associated with Aliso Canyon litigation 1 21 — 22 — — — — Impact from the TCJA — 25 — 25 — — — — Impairment of TdM assets held for sale — — — — 71 — (24) 47 Deferred income tax benefit associated with TdM — — — — — (8) 3 (5) Recoveries related to 2016 permanent release of pipeline capacity — — — — (47) 19 — (28) Sempra Energy Adjusted Earnings $ 733 $ 714 Diluted (losses) earnings per common share: Sempra Energy GAAP (Losses) Earnings $ (0.82) (2) $ 2.77 Sempra Energy Adjusted Earnings $ 2.78 $ 2.83 Weighted-average number of shares outstanding, diluted (thousands) 263,584 (2) 252,609 (1) Except for adjustments that are solely income tax and tax related to outside basis differences, income taxes were primarily calculated based on applicable statutory tax rates. Income taxes associated with TdM were calculated based on the applicable statutory tax rate, including translation from historic to current exchange rates. An income tax benefit of $12 million associated with the 2017 TdM impairment has been fully reserved. (2) In both the three months and six months ended June 30, 2018, total weighted-average number of potentially dilutive securities of 1.7 million were not included in the computation of GAAP losses per common share since to do so would have decreased the loss per share. SEMPRA ENERGY Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30, 2018 December 31, 2017 (1) (unaudited) Assets Current assets: Cash and cash equivalents $ 252 $ 288 Restricted cash 60 62 Accounts receivable, net 1,441 1,584 Due from unconsolidated affiliates 40 37 Income taxes receivable 96 110 Inventories 288 307 Regulatory assets 337 325 Fixed-price contracts and other derivatives 69 66 Greenhouse gas allowances 339 299 Assets held for sale 1,877 127 Other 148 136 Total current assets 4,947 3,341 Other assets: Restricted cash 15 14 Due from unconsolidated affiliates 634 598 Regulatory assets 1,644 1,517 Nuclear decommissioning trusts 1,022 1,033 Investment in Oncor Holdings 9,407 — Other investments 2,576 2,527 Goodwill 2,371 2,397 Other intangible assets 221 596 Dedicated assets in support of certain benefit plans 443 455 Insurance receivable for Aliso Canyon costs 502 418 Deferred income taxes 139 170 Greenhouse gas allowances 228 93 Sundry 842 792 Total other assets 20,044 10,610 Property, plant and equipment, net 34,916 36,503 Total assets $ 59,907 $ 50,454 Liabilities and Equity Current liabilities: Short-term debt $ 3,708 $ 1,540 Accounts payable 1,215 1,523 Due to unconsolidated affiliates 10 7 Dividends and interest payable 491 342 Accrued compensation and benefits 317 439 Regulatory liabilities 282 109 Current portion of long-term debt 1,108 1,427 Fixed-price contracts and other derivatives 73 109 Customer deposits 175 162 Reserve for Aliso Canyon costs 160 84 Greenhouse gas obligations 339 299 Liabilities held for sale 158 49 Other 566 545 Total current liabilities 8,602 6,635 Long-term debt 21,278 16,445 Deferred credits and other liabilities: Customer advances for construction 148 150 Due to unconsolidated affiliates 36 35 Pension and other postretirement benefit plan obligations, net of plan assets 1,241 1,148 Deferred income taxes 2,078 2,767 Deferred investment tax credits 26 28 Regulatory liabilities 3,945 3,922 Asset retirement obligations 2,732 2,732 Fixed-price contracts and other derivatives 275 316 Greenhouse gas obligations 57 — Deferred credits and other 1,125 1,136 Total deferred credits and other liabilities 11,663 12,234 Equity: Sempra Energy shareholders' equity 15,826 12,670 Preferred stock of subsidiary 20 20 Other noncontrolling interests 2,518 2,450 Total equity 18,364 15,140 Total liabilities and equity $ 59,907 $ 50,454 (1) Derived from audited financial statements. SEMPRA ENERGY Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Six months ended June 30, (Dollars in millions) 2018 2017 (1) (unaudited) Cash Flows from Operating Activities Net (loss) income $ (172) $ 700 Adjustments to reconcile net (loss) income to net cash provided by operating activities: Depreciation and amortization 778 728 Deferred income taxes and investment tax credits (401) 411 Impairment losses 1,300 71 Equity losses (earnings) 24 (13) Fixed-price contracts and other derivatives (9) (142) Other 143 (19) Net change in other working capital components 208 138 Insurance receivable for Aliso Canyon costs (84) 52 Changes in other noncurrent assets and liabilities, net (158) (37) Net cash provided by operating activities 1,629 1,889 Cash Flows from Investing Activities Expenditures for property, plant and equipment (1,941) (1,802) Expenditures for investments and acquisitions (9,823) (97) Distributions from investments 9 18 Purchases of nuclear decommissioning trust assets (487) (823) Proceeds from sales of nuclear decommissioning trust assets 487 823 Advances to unconsolidated affiliates (84) (183) Repayments of advances to unconsolidated affiliates 69 2 Other 30 4 Net cash used in investing activities (11,740) (2,058) Cash Flows from Financing Activities Common dividends paid (416) (368) Preferred dividends paid (28) — Preferred dividends paid by subsidiary (1) (1) Issuances of mandatory convertible preferred stock, net of $32 in offering costs 1,693 — Issuances of common stock, net of $38 in offering costs in 2018 2,090 28 Repurchases of common stock (20) (14) Issuances of debt (maturities greater than 90 days) 7,407 1,932 Payments on debt (maturities greater than 90 days) (1,878) (1,006) Increase (decrease) in short-term debt, net 1,266 (493) Proceeds from sale of noncontrolling interest, net of $1 in offering costs 85 — Net distributions to noncontrolling interests (17) (25) Settlement of cross-currency swaps (33) — Other (71) (9) Net cash provided by financing activities 10,077 44 Effect of exchange rate changes on cash, cash equivalents and restricted cash (3) 10 Decrease in cash, cash equivalents and restricted cash (37) (115) Cash, cash equivalents and restricted cash, January 1 364 425 Cash, cash equivalents and restricted cash, June 30 $ 327 $ 310 (1) As adjusted for the retrospective adoption of ASU 2016-18. SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS Three months ended June 30, Six months ended June 30, (Dollars in millions) 2018 2017 2018 2017 (unaudited) Earnings (Losses) Sempra Utilities: San Diego Gas & Electric $ 146 $ 149 $ 316 $ 304 Southern California Gas 33 58 258 261 Sempra Texas Utility 114 — 129 — Sempra South American Utilities 44 45 90 92 Sempra Infrastructure: Sempra Mexico 97 (9) 117 39 Sempra Renewables (109) 23 (88) 34 Sempra LNG & Midstream (764) 27 (780) 28 Parent and other (122) (34) (256) (58) Total $ (561) $ 259 $ (214) $ 700 Three months ended June 30, Six months ended June 30, (Dollars in millions) 2018 2017 2018 2017 (unaudited) Capital Expenditures, Investments and Acquisitions Sempra Utilities: San Diego Gas & Electric $ 376 $ 345 $ 851 $ 763 Southern California Gas 380 325 783 682 Sempra Texas Utility 117 — 9,278 — Sempra South American Utilities 51 34 107 77 Sempra Infrastructure: Sempra Mexico 81 87 168 227 Sempra Renewables 6 31 37 100 Sempra LNG & Midstream 91 22 137 37 Parent and other 10 4 403 13 Total $ 1,112 $ 848 $ 11,764 $ 1,899 SEMPRA ENERGY Table E OTHER OPERATING STATISTICS (Unaudited) Three months ended June 30, Six months ended June 30, UTILITIES 2018 2017 2018 2017 SDG&E and SoCalGas Gas sales (Bcf) (1) 76 71 189 197 Transportation (Bcf) (1) 137 148 284 304 Total deliveries (Bcf) (1) 213 219 473 501 Total gas customer meters (thousands) 6,865 6,825 SDG&E Electric sales (millions of kWhs) (1) 3,394 3,565 7,000 7,329 Direct access (millions of kWhs) 926 786 1,671 1,573 Total deliveries (millions of kWhs) (1) 4,320 4,351 8,671 8,902 Total electric customer meters (thousands) 1,453 1,438 Oncor (2) Total deliveries (millions of kWhs) 32,658 — 39,313 — Total electric customer meters (thousands) 3,590 — Ecogas Natural gas sales (Bcf) — 7 6 15 Natural gas customer meters (thousands) 121 120 Chilquinta Energía Electric sales (millions of kWhs) 710 691 1,508 1,502 Tolling (millions of kWhs) 81 24 143 44 Total deliveries (millions of kWhs) 791 715 1,651 1,546 Electric customer meters (thousands) 714 696 Luz Del Sur Electric sales (millions of kWhs) 1,716 1,780 3,458 3,674 Tolling (millions of kWhs) 583 461 1,141 906 Total deliveries (millions of kWhs) 2,299 2,241 4,599 4,580 Electric customer meters (thousands) 1,116 1,086 ENERGY-RELATED BUSINESSES Power generated and sold (millions of kWhs) Sempra Mexico (3) 1,175 650 2,396 1,705 Sempra Renewables (4) 1,382 1,192 2,574 2,206 (1) Includes intercompany sales. (2) Includes 100 percent of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an 80.25-percent interest through our March 2018 acquisition of our equity method investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings). Total deliveries for the six months ended June 30, 2018 only include volumes from the March 9, 2018 acquisition date. (3) Includes power generated and sold at the Termoeléctrica de Mexicali natural gas-fired power plant and the Ventika wind power generation facilities. Also includes 50 percent of total power generated and sold at the Energía Sierra Juárez wind power generation facility, in which Sempra Energy has a 50-percent ownership interest. Energía Sierra Juárez is not consolidated within Sempra Energy, and the related investment is accounted for under the equity method. (4) Includes 50 percent of total power generated and sold related to solar and wind projects in which Sempra Energy has a 50-percent ownership. These subsidiaries are not consolidated within Sempra Energy, and the related investments are accounted for under the equity method. On June 25, 2018, our board of directors approved a plan to sell all U.S. wind and solar assets and investments. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT Three months ended June 30, 2018 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 1,051 $ 772 $ — $ 389 $ 310 $ 40 $ 79 $ (77) $ 2,564 Cost of sales and other expenses (667) (565) — (301) (123) (23) (91) 59 (1,711) Depreciation and amortization (169) (138) — (15) (43) (14) (11) (2) (392) Impairment losses — — — — — — (1,300) — (1,300) Other income (expense), net 25 13 — 2 (95) — — 1 (54) Income (loss) before interest and tax (1) 240 82 — 75 49 3 (1,323) (19) (893) Net interest (expense) income (2) (52) (26) — (3) (14) (3) 6 (150) (242) Income tax (expense) benefit (42) (23) — (21) 55 58 506 50 583 Equity earnings (losses), net — — 114 — 71 (187) 1 (3) (4) (Earnings) losses attributable to noncontrolling interests — — — (7) (64) 20 46 — (5) Earnings (losses) $ 146 $ 33 $ 114 $ 44 $ 97 $ (109) $ (764) $ (122) $ (561) Three months ended June 30, 2017 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 1,058 $ 770 $ — $ 381 $ 273 $ 26 $ 122 $ (97) $ 2,533 Cost of sales and other expenses (3) (655) (564) — (294) (130) (20) (71) 80 (1,654) Depreciation and amortization (166) (126) — (13) (37) (10) (11) (5) (368) Impairment losses — — — — (71) — — — (71) Other income, net (3) 19 24 — 2 60 1 — 2 108 Income (loss) before interest and tax (1)(4) 256 104 — 76 95 (3) 40 (20) 548 Net interest (expense) income (2) (49) (27) — (5) (17) (2) 3 (55) (152) Income tax (expense) benefit (54) (19) — (20) (102) 5 (18) 41 (167) Equity earnings, net (4) — — — — — 16 2 — 18 (Earnings) losses attributable to noncontrolling interests (4) — — (6) 15 7 — — 12 Earnings (losses) $ 149 $ 58 $ — $ 45 $ (9) $ 23 $ 27 $ (34) $ 259 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) Includes interest income, interest expense and preferred dividends. (3) As adjusted for the retrospective adoption of ASU 2017-07. (4) As adjusted for a reclassification to conform to current year presentation. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT Six months ended June 30, 2018 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 2,106 $ 1,898 $ — $ 815 $ 618 $ 65 $ 183 $ (159) $ 5,526 Cost of sales and other expenses (1,308) (1,278) — (638) (252) (44) (193) 123 (3,590) Depreciation and amortization (335) (273) — (29) (86) (27) (22) (6) (778) Impairment losses — — — — — — (1,300) — (1,300) Other income (expense), net 53 46 — 3 (2) — — (1) 99 Income (loss) before interest and tax (1) 516 393 — 151 278 (6) (1,332) (43) (43) Net interest (expense) income (2) (103) (53) — (7) (29) (6) 11 (266) (453) Income tax (expense) benefit (98) (82) — (41) (100) 65 494 56 294 Equity earnings (losses), net — — 129 1 30 (182) 1 (3) (24) Losses (earnings) attributable to noncontrolling interests 1 — — (14) (62) 41 46 — 12 Earnings (losses) $ 316 $ 258 $ 129 $ 90 $ 117 $ (88) $ (780) $ (256) $ (214) Six months ended June 30, 2017 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 2,115 $ 2,011 $ — $ 793 $ 537 $ 48 $ 254 $ (194) $ 5,564 Cost of sales and other expenses (3) (1,275) (1,367) — (620) (251) (35) (199) 163 (3,584) Depreciation and amortization (329) (252) — (26) (73) (19) (21) (8) (728) Impairment losses — — — — (71) — — — (71) Other income (expense), net (3) 41 38 — 5 187 1 1 9 282 Income (loss) before interest and tax (1)(4) 552 430 — 152 329 (5) 35 (30) 1,463 Net interest (expense) income (2) (98) (52) — (9) (47) (5) 9 (113) (315) Income tax (expense) benefit (144) (117) — (39) (244) 16 (19) 85 (462) Equity earnings (losses), net (4) — — — 1 (9) 18 3 — 13 (Earnings) losses attributable to noncontrolling interests (6) — — (13) 10 10 — — 1 Earnings (losses) $ 304 $ 261 $ — $ 92 $ 39 $ 34 $ 28 $ (58) $ 700 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) Includes interest income, interest expense and preferred dividends. (3) As adjusted for the retrospective adoption of ASU 2017-07. (4) As adjusted for a reclassification to conform to current year presentation. [SRE-F] SOURCE Sempra Energy

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*As of December 31, 2025. Numbers may be approximate.

Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC).