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Displaying results 286 - 300 of 1204
Powering progress through sustainable business practices
From 1867 to today, Sempra family of companies are meeting the needs of communities with sustainable business practices, and modernizing energy networks.
Sempra Foundation Helps Bring Cleaner Cookstoves to Indigenous and Environmental Justice Communities Across Mexico
SAN DIEGO, Feb. 21, 2023 /PRNewswire/ -- Sempra Foundation, founded and funded by Sempra (NYSE: SRE) (BMV: SRE), is helping to advance energy access and emissions reductions for environmental justice and indigenous communities in Mexico through a $1.1 million donation to Tijuana, Baja California-based nonprofit Fundación Mozcalti to provide these communities with cleaner cookstoves and other clean energy assets. Once all installations are completed, the projects are anticipated to benefit over 40,000 people in more than 60 communities in the Mexican states of Baja California, Sonora, Michoacan, Chiapas, Oaxaca, Veracruz and Morelos. With more than 20 years of experience working with underserved populations across Mexico, Fundación Mozcalti's mission is to empower vulnerable communities in Mexico with a focus on education, health, basic needs and social entrepreneurship. In late 2022, a group of Sempra employees volunteered their time to help Fundación Mozcalti install the cleaner cookstoves and other clean energy assets in communities across Baja California, Mexico. "It is incredibly meaningful to know Sempra Foundation has helped expand energy access in under-resourced communities," said Lisa Larroque Alexander, director and chair of Sempra Foundation. "Through our support of these communities, we are helping shape a healthier, more prosperous and cleaner future for all." The collaboration between Sempra Foundation and Fundación Mozcalti began in 2021 with a nearly $500,000 donation that supported the installation of 2,400 cleaner cookstoves in dozens of remote communities across Mexico where cooking often occurred over open fires. Sempra Foundation donated an additional $600,000 to Fundación Mozcalti in 2022 to help provide another 2,400 cleaner cookstoves for households in remote Mexican communities. In comparison to the cleaner cookstoves, cooking over an open fire creates more emissions, is more expensive, and can cause negative health effects including respiratory illnesses and vision problems. These new stoves are also portable and can be used to prepare food to be sold at local markets, serving as a source of income and economic prosperity for families and communities in these areas. Sempra Foundation and Fundación Mozcalti also launched a biodigester pilot program in 2022 with the installation of two types of biodigesters. The first type of biodigester is a small, household backyard system that allows individual households to turn food scraps and waste into cleaner cooking gas and rich fertilizer. The second type of biodigester is used for small business, restaurants, farms and community centers that serve as soup kitchens. In addition to biodigesters, solar-powered refrigerators are planned to be provided to multiple community centers and solar energy are planned to be installed at community water pumping stations in Morelos, Mexico. Currently, families in the community pay a monthly fee to access water for one hour once a week. The solar installation pilot project is designed to offer families greater access to affordable, reliable water. Sempra Foundation received the Empresa Socialmente Responsable award from the Association of Fundraising Professionals (AFP) in Mexico for its efforts to improve the lifestyles in communities in and around Mexico. About Sempra Foundation Founded by Sempra in 2007, Sempra Foundation has long been focused on investing its energy and resources into efforts that make a real difference for people when they need it most. It encourages community engagement among the 20,000 employees who work for Sempra and its operating companies by matching certain employee contributions of time and money to any eligible 501(c)(3) charitable organization they choose to support. SOURCE Sempra Foundation
SoCalGas Updates Customers on Current Natural Gas Prices
Market conditions improve: critical out-of-state pipeline service restored; experts also cite improved weather conditions and related decrease in natural gas demand as contributing to lower market prices SoCalGas continues to encourage customers to conserve as natural gas markets remain sensitive to changing weather and maintenance updates LOS ANGELES, Feb. 15, 2023 /PRNewswire/ -- Southern California Gas Company (SoCalGas) today provided customers with an update on natural gas prices across the West Coast. After a significant drop from unprecedented January natural gas commodity prices, market prices for March, 2023 are currently trending closer to 2022 prices. Improved weather conditions and a related reduction in natural gas usage have led prices to continue to fall along the West Coast, according to the U.S. Energy Information Administration (EIA), which is charged with collecting, analyzing and disseminating independent and impartial energy information. In addition, the restoration of service to the out-of-state pipeline, which has been offline for two years, is expected to increase supply capacity to the Southwest by as much as 500 million cubic feet per day. However, the markets where SoCalGas purchases natural gas remain volatile and sensitive to changing weather and maintenance updates. "It is still too early to tell if this positive trend will continue, but with warmer weather ahead, we do not expect to see price swings as large as we saw earlier in the winter," said Gillian Wright, chief customer officer for SoCalGas. Consistent with regulatory requirements, SoCalGas will file March core procurement prices (rates) with the California Public Utilities Commission (CPUC) at the end of February. The core procurement rate reflects the price SoCalGas pays for natural gas for residential and business customers. That rate changes each month. SoCalGas does not set the price for natural gas. Instead, natural gas prices are determined by national and regional markets. SoCalGas buys natural gas in those markets on behalf of residential and small business customers, and the cost of buying that gas is billed to those customers with no markup. The markets where SoCalGas purchases natural gas remain volatile and sensitive to changing weather and maintenance updates. For example, consistent with applicable rules and regulations, SoCalGas issued a notice Tuesday about a about a safety related condition resulting in a capacity reduction on another natural gas pipeline - Line 235. What caused prices to spike in the first place? According to the EIA, several factors contributed to higher natural gas commodity prices: Widespread, below-normal temperatures on much of the West Coast, including Washington and Oregon; High natural gas demand for heating by customers in areas with below normal temperatures; Reduced natural gas supplies to the West Coast from Canada; Reduced interstate pipeline capacity to the West Coast because of pipeline maintenance activities in West Texas (the out-of-state pipeline mentioned earlier in this release); and Low natural gas storage levels in the Pacific Region. A detailed report about these market conditions can be found here: https://www.eia.gov/naturalgas/weekly/archivenew_ngwu/2022/12_22/. Experts weigh in on natural gas market conditions A number of experts have weighed in on the market conditions that led to unprecedented natural gas prices in December. The California Public Utilities Commission last week held a public hearing to discuss those conditions. Alan Mayberry, associate administrator for pipeline safety for the United States Pipeline and Hazardous Materials Safety Administration (PHMSA) told the CPUC his agency authorized the return to service of the out-of-state pipeline identified by EIA as one source of high January's high prices. "As of yesterday, we gave Kinder Morgan (the pipeline's owner and operator) the go-ahead to return Line 2000 to their normal operating pressure," Mayberry told the CPUC. On Tuesday, Feb 15 Kinder Morgan lifted operational restrictions on the out-of-state pipeline. According to the EIA, the pipeline's return to full service will increase natural gas takeaway capacity out of West Texas by close to 500 million cubic feet per day, increasing supply into the Desert Southwest. What is SoCalGas doing for its customers? In January, SoCalGas tripled its contribution to the Gas Assistance Fund, increasing it to $1 million. This program helps income-qualified customers pay their natural gas bills with a one-time $100 grant. Customers also should see some relief soon, courtesy of the CPUC accelerating the California Climate Credit. SoCalGas customers will receive a credit of $50.77 in their February or March bill, depending on their billing cycle. In addition, SoCalGas continues to encourage customers to take advantage of programs and services that can help manage and save costs. SoCalGas' free Ways to Save tool may also help customers find ways to save on natural gas bills, with a personalized savings plan that offers a household energy analysis, customized energy-efficiency recommendations, bill comparisons and energy usage comparisons. Ways to Save can be found at socalgas.com/WaysToSave. Customers can also sign up for weekly Bill Tracker Alerts to monitor natural gas consumption, take steps to reduce usage, and avoid bill surprises. Eligible customers may sign up for a Level Pay Plan (LPP), for example, which averages their annual natural gas use and costs over 12 months. There are also financial assistance programs for eligible customers who are experiencing hardships. SoCalGas also offers the following tips to help potentially reduce energy usage: Lowering your thermostat three to five degrees – if health permits – can save up to 10 percent on heating costs. Installing proper caulking and weather-stripping can save roughly 10 to 15 percent on heating and cooling bills. Washing clothes in cold water to save up to 10 percent on water heating costs. Considering turning down the temperature on your water heater, keeping in mind that most hot water heaters require a temperature of 120 degrees or higher. Limiting use of non-essential natural gas appliances such as spas and fireplaces. Customers can visit socalgas.com/ManageHigherBills for more information on the factors that lead to higher bills and ways we can help. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure 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 constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company 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, http://www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company
SoCalGas Showcases Sustainable Technologies by Hyundai Motor Company and New Holland Agriculture North America at World Ag Expo
Hyundai’s hydrogen fuel-cell powered truck and New Holland’s near-zero emissions tractor to help reduce emissions in transportation and agriculture. TULARE, Calif., February 14, 2023 – Southern California Gas Company (SoCalGas) joins Hyundai Motor Company and New Holland Agriculture North America at the annual World Ag Expo this week in displaying two breakthrough, first-of-their-kind technologies. SoCalGas’ booth will showcase Hyundai’s Class 8 XCIENT Fuel Cell heavy-duty truck, equipped with a 180 kW fuel cell system and an e-motor with a maximum output of 350 kW, to support the demands of commercial fleet users. The booth will also display New Holland’s T6.180 Methane Power tractor, the first commercially available tractor powered by a sustainable fuel source in agriculture, operating on renewable natural gas (RNG) or compressed natural gas (CNG). “Experts and policymakers are recognizing that a broad set of tools, including clean fuels like renewable natural gas and clean renewable hydrogen, and carbon management, are needed to achieve California’s climate and air goals by 2045,” says Don Widjaja, vice president of customer solutions at SoCalGas. “SoCalGas is excited to partner with New Holland and Hyundai at the World Ag Expo to highlight technologies that are not only clean but can also effectively meet the transportation needs of the agricultural industry.” SoCalGas continues to move forward in its goal of achieving net-zero emissions by 2045. The company has already achieved a 37% reduction in fugitive methane emissions, surpassing the State’s goal of 20% by 2025, and is nearing the State’s goal of a 40% reduction by 2030. SoCalGas has also set a benchmark to operate a 100% zero-emissions over-the-road fleet by 2035, and its Angeles Link project could significantly reduce greenhouse gas emissions from hard-to-electrify parts of the California economy like heavy-duty trucking. Hyundai Motor Company is also playing a crucial role in creating an emissions-free, hydrogen fuel cell heavy duty truck ecosystem. The XCIENT Fuel Cell tractor model has a driving range of up to 450 miles, requires less time to refuel than its electric counterpart, which helps maximize efficiency, and produces only a single byproduct: pure H2O. The truck features an extremely robust hydrogen storage tank with multiple levels of protection to safeguard against accidental leaks and punctures. “XCIENT Fuel Cell is the world’s first heavy-duty fuel cell truck to accumulate more than 3.5 million miles of real-life customer driven operations in Switzerland,” said Mark Freymueller, Senior Vice President and Head of Commercial Vehicle Business Innovation of Hyundai Motor Company. “Based on our successful operations and diverse array of public-private partnerships, we will continue to leverage our insights to drive commercial vehicle decarbonization and accelerate the transition to a sustainable hydrogen society.” New Holland, a clean energy leader in the development of renewable fuels and emissions reduction systems, introduced its breakthrough sustainable agriculture technology to the U.S. market last year. “The T6.180 Methane Power tractor is an important step forward on the path to decarbonizing agriculture in California. It allows farmers to grow crops and use agricultural waste to generate RNG to power their tractor, achieving near-zero CO2 emissions,” said Joe Boufford, Product Marketing Manager for Mid-Range Tractors at New Holland. The tractor produces 98% less particulate matter compared to emission limits allowed under European Stage V emissions regulations and can provide up to a 30% reduction in running costs compared to its diesel counterpart. A tractor fueled by CNG reduces CO2 emissions by 10-15%, overall emissions by 80%, with near-zero emissions achieved when fueled by RNG. SoCalGas is proud to have exhibited at every World Ag Expo since its inception in 1968. Its booths are located at H30 at the corner of H & Median Street. Click to learn more about SoCalGas, Hyundai Motor Company, and New Holland’s sustainability efforts. About SoCalGas Headquartered in Los Angeles,  SoCalGas® is the  largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across  24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.  SoCalGas' mission is to build the  cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve  net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of  Sempra (NYSE: SRE), an energy infrastructure 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 constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company 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, http://www.sec.gov, and on Sempra's website, http://www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.
Sempra Named to 2023 Bloomberg Gender-Equality Index for Fifth Consecutive Year
SAN DIEGO, Feb. 6, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the Bloomberg Gender-Equality Index (GEI), which recognizes public companies that demonstrate workforce diversity and inclusion (D&I) and transparency in gender-data reporting. Companies in the GEI reflect a high level of disclosure and overall performance across five pillars of excellence, including leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies and external brand. "Our inclusion on the Bloomberg Gender-Equality Index for the fifth year in a row is a testament to our commitment to diversity and inclusion—a cornerstone of our high-performance culture," said Karen Sedgwick, chief administrative officer and chief human resources officer for Sempra. "The year-over-year increase in our GEI score reflects continued efforts to be more inclusive because we understand that gender equality and diversity make our company stronger and more innovative as we help advance a better future for all." Championing D&I Across the Sempra Family of Companies Champion people is a core value for Sempra, and across its family of companies gender equality is championed in many ways including: recruiting processes that leverage the latest artificial intelligence technology to identify and mitigate gender bias in job postings; increasing women promotions and the number of women holding director level positions; and supporting women through mentoring resources, employee resource groups (ERGs) and local D&I councils to help create a more collaborative working environment. Extending D&I Commitments into the Community Sempra's dedication to gender equality and D&I extends into the communities where its employees work and live. Sempra and its family of companies collaborate with organizations committed to advancing equality for historically underrepresented communities and support STEM programs with schools and nonprofits that advance the mentorship of young women who are seeking careers in science, technology, engineering and math. In addition, across the Sempra family of companies, programs have been developed to advance supplier opportunities for businesses owned by women, minorities, service-disabled veterans and members of the LGBTQ community. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of nearly 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety, leadership and workforce development, and diversity and inclusion. Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. More information about Sempra is available at Sempra.com and on Twitter @Sempra. SOURCE Sempra
Sempra to Report Fourth-Quarter and Full-Year 2022 Earnings February 28
SAN DIEGO, Feb. 3, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) plans to release its fourth-quarter and full-year 2022 earnings by 7 a.m. ET, Tuesday, Feb. 28. Sempra executives will conduct a conference call at 12 p.m. ET, Tuesday, Feb. 28. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of the company's website and clicking on the appropriate link. An accompanying slide presentation detailing the earnings results will be published to Sempra's Investors site by 7 a.m. ET, Tuesday, Feb. 28. For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California, Texas, Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety, leadership and workforce development, and diversity and inclusion. Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. More information about Sempra is available at sempra.com and on Twitter @Sempra. SOURCE Sempra
Sempra Recognized Among World's Most Admired Companies by Fortune Magazine
SAN DIEGO, Feb. 2, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named one of the World's Most Admired Companies for 2023 by Fortune Magazine, marking the 13 th year the company is on this prestigious list. Fortune's annual list of World's Most Admired Companies recognizes global businesses with strong corporate reputations. "It is an honor to be recognized among the world's most reputable and respected companies," said Jeffrey W. Martin, chairman and CEO of Sempra. "This type of recognition would not be possible without the extraordinary efforts of our 20,000 employees who are dedicated to delivering cleaner forms of energy to the communities we serve." Sempra's inclusion on this distinguished measure of corporate performance demonstrates the company's reputation as a leader on the global stage. The company surpassed previous years' rankings on both the full list and within the Electric and Gas Utilities category. Notably, Sempra ranked first in Global Competitiveness among its Electric and Gas Utility peers. This award builds on the growing track record of global recognition for Sempra's critical role in advancing energy infrastructure designed to deliver reliable, secure and increasingly cleaner energy to growing markets. Designation as a World's Most Admired company follows Sempra's inclusion as the No. 1 ESG Utility Leader by Investor's Business Daily, as well among the Wall Street Journal's Best-Managed Companies, America's Most JUST Companies, Newsweek's Most Responsible Companies and on the Dow Jones Sustainability North America Index. Additionally, Sempra serves as a member of the World Economic Forum's Electricity and Oil and Gas communities and International Business Council, in support of the organization's commitment to improving the state of the world. Fortune partners with Korn Ferry Hay Group, a global management consulting firm, to select companies for the annual World's Most Admired Companies list from a survey of approximately 15,000 senior executives, directors and financial analysts. Fortune considered the 1,000 largest U.S. companies, ranked by revenue, for the list along with non-U.S. companies that have revenues of approximately $10 billion or more. Companies were invited to participate across 52 industry groupings and the overall corporate reputation score is an average of nine key attribute scores. About Sempra Sempra is a leading North American energy infrastructure company that helps meet the daily energy needs of 40 million consumers. As the owner of one of the largest energy networks on the continent, Sempra is helping to electrify and decarbonize some of the world's most significant economic markets, including California , Texas , Mexico and the LNG export market. The company is also consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performance culture focused on safety, leadership and workforce development, and diversity and inclusion. Investor's Business Daily named Sempra the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance. Sempra was also included on the Dow Jones Sustainability North America Index for the 12th consecutive year. More information about Sempra is available at sempra.com and on Twitter @Sempra . SOURCE Sempra
SoCalGas Declares Preferred Dividends
LOS ANGELES, Jan. 31, 2023 /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 April 15, 2023, to shareholders of record on March 10, 2023. About SoCalGas Headquartered in Los Angeles,  SoCalGas® is the  largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across  24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the  cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve  net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of  Sempra (NYSE: SRE), an energy infrastructure 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
Lieutenant Governor Kounalakis Joins SoCalGas to Unveil First-of-its-Kind [H2] Innovation Experience
This type of clean hydrogen microgrid has the potential to deliver reliable and renewable energy around-the-clock to more than 100 homes, rain or shine, for as much as seven days LOS ANGELES, Jan. 30, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) Chief Executive Officer Scott Drury was joined today by Lieutenant Governor Eleni Kounalakis to unveil and officially power on the [H2] Innovation Experience ([H2]IE), North America's first-of its kind, clean, renewable hydrogen microgrid and home. The [H2] Innovation Experience offers a look at how clean, renewable hydrogen microgrids can reliably power entire neighborhoods, day and night throughout the year. This type of clean hydrogen microgrid has the potential to deliver reliable and renewable energy around-the-clock to more than 100 homes, rain or shine, for as much as seven days. "Innovative projects like the [H2]IE demonstrate how California is leading the clean energy transition," said Lieutenant Governor Kounalakis. "This first-of-its-kind project shows how clean renewable hydrogen and microgrids can help power homes, enhance grid reliability, and preserve and grow good-paying union jobs in our state." "The [H2] Innovation Experience showcases how California can achieve two of its top policy priorities – energy reliability and decarbonization – at the same time," said SoCalGas Chief Executive Officer, Scott Drury. "This innovative project demonstrates how the gas and electric grids – working together – can help California reach net-zero emissions more quickly, affordably, and reliably." Located at the SoCalGas Energy Resource Center in the city of Downey, the [H2] Innovation Experience is centered around a state-of-the-art microgrid that is producing clean, renewable hydrogen made from solar electricity on-site. The 2,000 square-foot home was built to adhere to Leadership in Energy and Environmental Design (LEED) Platinum standards and is powered by reliable and clean, renewable hydrogen 24 hours a day, 7 days a week, 365 days a year. The microgrid draws power from solar panels on sunny days and converts excess energy into renewable hydrogen, which can be stored and then converted back into electricity via an on-site hydrogen fuel cell. Clean, renewable hydrogen will also be blended with natural gas and used in the home's tankless water heater, clothes dryer, stove, fireplace, and BBQ grill. In 2021, the [H2] Innovation Experience received a Fast Company's World-Changing Ideas in North America Award. More recently, the Los Angeles chapter of the U.S. Green Building Council recognized the project for its sustainable innovation. What others are saying about the [H2] Innovation Experience "The [H2]IE makes use of world-class energy infrastructure that UWUA members have built over the past century and brings the promise of fresh opportunities for tens of thousands of UWUA members who operate and maintain our infrastructure every day," said James T. Slevin, president of Utility Workers Union of America, AFL-CIO. " California needs labor to meet its ambitious plans to address climate change... and we are here," said Aaron Stockwell, international representative with the United Association. "This project gives us a glimpse of what we can accomplish when ambition and innovation are partnered with our skilled workforce." "As we work toward achieving California's clean energy goals, hydrogen will play an essential role in meeting future energy demand. The Hydrogen Innovation Experience is an important step in realizing hydrogen's full potential," said Ramon Ponce de Leon, Jr., president of the International Longshore and Warehouse Union Local 13. "With green hydrogen, ILWU members at our vital ports of Los Angeles and Long Beach retain their good union jobs operating equipment that is clean, flexible, and cost-effective." "Small, minority-owned businesses are the backbone of Los Angeles' economy," said Gene Hale, chairman of the Greater Los Angeles Chamber African American of Commerce. "The Los Angeles African American business community is already working to forge more sustainable communities, and we are excited to be a part of innovative projects like the [H2]IE that help bring us closer to that goal." "For a business like ours that builds critical infrastructure and helps diverse communities across California thrive, hydrogen represents our next infrastructure boom," said George Pla, founder and CEO of Cordoba Corporation. "The [H2]IE is symbolic of what this can look like in everyday lives. California is blessed with vibrant diverse businesses needed to support this next generation of energy infrastructure." "The [H2]IE has significant positive implications for the future of California's businesses," said Jennifer Barrera, president and CEO of CalChamber. "Our businesses need access to clean and reliable energy. California's business community is enthusiastic about this project and the promise of cleaner technologies that best meet our needs." Sustainability Leadership SoCalGas is a leader in sustainability, having been the first large natural gas utility in the United States to announce its aim to have net zero greenhouse gas emissions by 2045. A key component of its sustainability efforts is Angeles Link, a proposed green hydrogen pipeline system that could deliver clean, reliable, renewable energy to the Los Angeles region. In December, the California Public Utilities Commission (CPUC) approved SoCalGas' request to track costs for advancing the first phase of the project, which could be the nation's largest green hydrogen pipeline system and support significantly reducing greenhouse gas emissions from electric generation, industrial processes, heavy-duty trucks, and other hard-to-electrify sectors of the Southern California economy. Angeles Link, the [H2] Innovation Experience and more than a dozen hydrogen demonstration projects SoCalGas is currently pioneering, are all part of its ongoing efforts to help accelerate California's energy transition. SoCalGas's sustainability strategy also extends to the more than 500 diverse communities the company serves across California. In 2021, for example, SoCalGas spent nearly $1 billion with more than 570 diverse business enterprises, procuring over 42% of total goods and services from women, minority, service-disabled veteran, LGBT, and small disadvantaged businesses. The company also increased spending with African American vendors by almost 50%. Over the last five years, SoCalGas has spent $3.9 billion with diverse business enterprises. SoCalGas' efforts were recognized in October, when the company was awarded the top "Business Transformation Award" at Reuters Events' 2022 Responsible Business Awards for having established truly transformative sustainability priorities with the potential to create impact at scale in the energy sector and beyond. "The [H2] Innovation Experience is just another progression in SoCalGas' evolution as we innovate toward net-zero emissions and leverage our 150-year history, scale, vast infrastructure, and highly skilled workforce to support California's clean air and climate goals," Drury added. For more information about the [H2] Hydrogen Experience, visit socalgas.com/h2ie. For B-roll and photos of the [H2] Innovation experience, click here. About SoCalGas Headquartered in Los Angeles,  SoCalGas® is the  largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across  24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the  cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve  net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of  Sempra (NYSE: SRE), an energy infrastructure 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 constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company 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, http://www.sec.gov , and on Sempra's website, http://www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company
Sempra Infrastructure and PKN ORLEN Sign Sale and Purchase Agreement for Port Arthur LNG
Required offtake capacity for Port Arthur LNG Phase 1 is fully subscribed HOUSTON, Jan. 25, 2023 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with PKN ORLEN S.A., which recently acquired the Polish Oil & Gas Company (PGNiG), for the supply of liquefied natural gas (LNG) from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. With this agreement, the projected LNG off-take capacity for the Phase 1 project is now fully subscribed under binding long-term agreements. Under the SPA, PKN ORLEN has agreed to purchase approximately 1 million tonnes per annum (Mtpa) of LNG from the Port Arthur LNG Phase 1 project on a free-on-board basis for 20 years. "We are excited to partner with PKN ORLEN, Central Europe's largest energy group, as they continue to look for long-term, diverse supplies of secure energy sources," said Justin Bird, CEO of Sempra Infrastructure. "With the long-term off-take capacity for Phase 1 now sold under binding agreements, we expect to reach FID later this quarter and commence construction on the Port Arthur LNG Phase 1 project to help meet the increasing demand for LNG across Europe and the rest of the world." "We are delighted to enter into this long-term agreement with Sempra Infrastructure. This is an important step towards strengthening PKN ORLEN's position as a cornerstone of crude and fuel supply security in Central and Eastern Europe," said Daniel Obajtek, CEO of PKN ORLEN. "Already last year, during a very tense situation on the EU energy market, the United States became one of the main suppliers of natural gas to Poland. By establishing a partnership with Sempra Infrastructure, we are increasing the diversification of our import portfolio and we are securing additional volumes of natural gas, which will be used both to provide for the needs of the Polish customers and to enhance PKN ORLEN's presence in the international energy market." Sempra Infrastructure has previously announced it has entered into long-term agreements with each of ConocoPhillips, INEOS, ENGIE and RWE for the sale and purchase of LNG from the proposed Phase 1 project. In aggregate, Port Arthur LNG Phase 1 is now fully subscribed with 10.5 Mtpa under binding long-term agreements. The company is focused on completing the remaining steps necessary to achieve its goal of making a final investment decision for the Port Arthur LNG Phase 1 project in the first quarter of 2023, with first cargo deliveries expected in 2027. The Port Arthur LNG Phase 1 project is permitted and expected to include two natural gas liquefaction trains and LNG storage tanks and associated facilities capable of producing, under optimal conditions, up to approximately 13.5 Mtpa of LNG. A similarly sized Port Arthur LNG Phase 2 project is also competitively positioned and under active marketing and development. Development of the Port Arthur LNG projects is contingent upon completing the required commercial agreements, securing and/or maintaining all necessary permits, obtaining financing, and reaching a final investment decision, among other factors. About Sempra Infrastructure Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the delivery of cleaner energy for its customers. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com and Twitter. About PKN ORLEN PKN ORLEN is an integrated, multi-utility company, operating in Central Europe and Canada. It provides energy and fuel to over 100 million of Europeans, while its advanced products are marketed to over 90 countries across 6 continents. PKN ORLEN pursues strengthening its position of a regional leader in energy transition by implementing clean and sustainable technologies, as well as power generation based on low- and zero-emission sources. The company's actions are driven by a strategic goal of reaching emission neutrality by 2050. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, and other actions by (i) the U.S. Department of Energy, Comisión Reguladora de Energía, U.S. Federal Energy Regulatory Commission and other governmental and regulatory bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations, property disputes and other proceedings; changes to laws and regulations, including certain of Mexico's laws and rules that impact energy supplier permitting, energy contract rates, the electricity industry generally and the import, export, transport and storage of hydrocarbons; cybersecurity threats, including by state and state-sponsored actors, by ransomware attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our ability to pass through any higher costs to current and future customers due to volatility in inflation, interest and foreign currency exchange rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may be disputed or not covered by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra 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 , and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure is not the same company as San Diego Gas & Electric Company or Southern California Gas Company, and neither Sempra Infrastructure nor any of its subsidiaries is regulated by the California Public Utilities Commission. SOURCE Sempra Infrastructure
Sempra Named to JUST 100 List for America's Most JUST Companies of 2023
SAN DIEGO, Jan. 12, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the prestigious JUST 100 list by JUST Capital, an independent nonprofit organization dedicated to measuring and improving corporate stakeholder performance. The rankings are intended to be a comprehensive evaluation of how corporations perform on issues that matter most to the American public, such as job creation and paying a fair, living wage, acting ethically, leadership integrity, accountability, workforce health and safety and work-life balance. Sempra's position among the top 100 companies on the list is credited to the company's commitment to investing in its workforce, scoring in the top 5% for pay equity, work-life balance, benefits and 401k quality, diversity, equity and inclusion policies and workforce demographics, among others. "Sempra's recognition as an industry leader on the JUST 100 list is testament to our dedication to investing in the success of our employees and empowering them to reach their full potential," said Karen Sedgwick, chief administrative officer and chief human resources officer for Sempra. "Our strength as a company comes from our high-performance culture, which is fueled by the diverse backgrounds and experiences of our employees. These talented and dedicated 20,000 employees across the Sempra family of companies are driven by a shared commitment to our values—do the right thing, champion people and shape the future—and to creating a positive impact for our company, customers and all our stakeholders in the communities we serve." "There has never been a more important time for businesses to step up, do right by their workers and restore trust in capitalism and the American Dream," said JUST Capital CEO Martin Whittaker. "This year's JUST 100 leaders demonstrate that just business truly is better business." For the annual rankings, JUST Capital evaluated the 1,000 largest public U.S. companies across 20 issues identified through comprehensive, ongoing public opinion research on Americans' attitudes toward responsible corporate behavior. JUST Capital has engaged more than 160,000 participants, on a fully representative basis, since 2015. In 2022, Sempra released its 14 th Corporate Sustainability Report, which details the organization's commitment to an inclusive and high-performance culture along with the company's progress in four key areas: enabling the energy transition, driving resilient operations, achieving world-class safety and championing people. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have 20,000 talented employees who deliver energy with purpose to nearly 40 million consumers. With more than $72 billion in total assets at the end of 2021, the San Diego-based company is the owner of one of the largest energy networks in North America helping some of the world's leading economies move to cleaner sources of energy. The company is helping to advance the global energy transition through electrification and decarbonization in the markets it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture focused on safety, workforce development and training, and diversity and inclusion. Sempra was named the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance by Investor's Business Daily and has been included on the Dow Jones Sustainability North America Index for 12 consecutive years. Sempra was also named one of the "World's Most Admired Companies" for 2022 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at sempra.com and on Twitter @Sempra. SOURCE Sempra
SoCalGas Triples Contribution to Gas Assistance Fund to Help Customers Impacted by Historically High Natural Gas Prices
Company encourages customers to take advantage of conservation tips and programs to help reduce their bills LOS ANGELES, Jan. 6, 2023 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced a $1 million contribution to the Gas Assistance Fund, a program that helps income-qualified customers pay their natural gas bills. Customers will be facing bills that could be double or higher compared to last year's winter bills. The high bills are a result of historically high natural gas prices in the western United States. SoCalGas doesn't set the price for natural gas. Instead, natural gas prices are determined by national and regional markets. SoCalGas buys natural gas in those markets on behalf of residential and small business customers, and the cost of buying that gas is billed to those customers with no markup, meaning SoCalGas does not profit from gas commodity prices going up. According to the US Energy Information Administration (EIA), a number of factors are contributing to higher natural gas commodity prices. Widespread, below-normal temperatures on much of the West Coast, including Washington and Oregon; High natural gas demand for heating by customers in areas with below normal temperatures; Reduced natural gas supplies to the West Coast from Canada and the Rocky Mountains; Reduced interstate pipeline capacity to the West Coast because of pipeline maintenance activities in West Texas; and Low natural gas storage levels on the West Coast. A detailed report about these market conditions can be found here: https://www.eia.gov/naturalgas/weekly/. The Gas Assistance Fund is a joint effort between SoCalGas and United Way of Greater Los Angeles, working with non-profit organizations throughout our service territory, to help income-qualified customers pay their natural gas bill with a one-time grant of up to $100 per household. Full guidelines for qualification can be found at https://www.socalgas.com/gaf. "We know that these higher prices have a real impact on our customers," said Senior Vice President and Chief Customer Officer Gillian Wright. "But we want them to know that there is help. We have valuable information on how to conserve energy, programs to assist with managing your energy usage and an unprecedented contribution to our Gas Assistance Fund, which will help our most vulnerable customers pay their bills." To help customers manage energy usage and possibly save on bills, SoCalGas recommends the following tips: Lowering your thermostat three to five degrees – if health permits – can save up to 10 percent on heating costs. Installing proper caulking and weather-stripping can save roughly 10 to 15 percent on heating and cooling bills. Washing clothes in cold water to save up to 10 percent on water heating costs. Considering turning down the temperature on your water heater. Limiting use of non-essential natural gas appliances such as spas and fireplaces. SoCalGas' free Ways to Save tool may also help customers find ways to save on natural gas bills, with a personalized savings plan that offers a household energy analysis, customized energy-efficiency recommendations, bill comparisons and energy usage comparisons. Ways to Save can be found at www.socalgas.com/waystosave. Customers can also sign up for weekly Bill Tracker Alerts to monitor gas consumption, take steps to reduce usage, and avoid bill surprises. Alerts are sent through email or text and include a bill-to-date and projected next bill amount to help manage energy bills as easily as possible. Eligible customers may also sign up for a Level Pay Plan (LPP), which averages their annual natural gas use and costs over 12 months. SoCalGas also encourages individuals who are experiencing hardship to explore the many bill payment or assistance programs options it offers or to call 1-800-427-2200. Customers may be eligible for one of many assistance programs including: California Alternate Rates for Energy (CARE): Eligible participants can save 20 percent on their natural gas bill. Socalgas.com/CARE Energy Savings Assistance Program (ESAP): Eligible customers can save energy and money through professional home improvements at no cost. Socalgas.com/Improvements Residential Advanced Clean Energy Program (RES DI): Eligible customers residing in single-family homes can receive a complimentary walkthrough energy assessment and installation of energy technologies to help conserve and lower energy usage. Arrearage Management Plan (AMP): Eligible customers can apply to have their past due balance forgiven. Learn more at www.socalgas.com/forgiveness. For more information on tips, programs and ways to save, visit https://newsroom.socalgas.com/stories/a-note-to-our-customers-high-bill…. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy infrastructure 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 constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other governmental and regulatory bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, by ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our cost of capital and the affordability of customer rates due to volatility in inflation, interest rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas, any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms, may be disputed or not covered by insurers, or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company 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, http://www.sec.gov , and on Sempra's website, http://www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Southern California Gas Company
Sempra Infrastructure Announces Sale and Purchase Agreement with RWE for Port Arthur LNG
HOUSTON, Dec. 28, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with RWE Supply & Trading, a subsidiary of RWE (RWE: AG), for the supply of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. The LNG will be delivered on a free-on-board basis for 15 years. The agreement also provides a framework to explore ways to lower the carbon intensity of LNG produced from the Port Arthur LNG Phase 1 project through GHG emission reduction, mitigation strategies and a continuous improvement approach. "We could not be more excited to finalize our agreement with RWE as we continue supporting the energy security and environmental goals of our European customers," said Justin Bird, CEO of Sempra Infrastructure. "Because of its scale, location and permitting status, Port Arthur LNG is benefitting from a lot of commercial momentum with nearly all the projected off-take capacity for Phase 1 now under long-term agreements with some of the leading global energy companies. Today's announcement moves us one step further along in the process of making Port Arthur LNG a reality." "Our partnership with Sempra Infrastructure, one of the leading companies for LNG infrastructure in the US, is another important step to diversify Germany's gas supply and thus contributes to enhancing security of supply in Europe on a long-term basis," said Andree Stracke, CEO of RWE Supply & Trading. "Thanks to the LNG supply contract with Sempra Infrastructure, we can also enlarge our international LNG portfolio." Sempra Infrastructure recently announced it has entered into long-term agreements with ConocoPhillips, INEOS and ENGIE for the sale and purchase of approximately 7.3 Mtpa of LNG from the proposed Phase 1 project. The company is focused on completing the remaining steps necessary to achieve its goal of making a final investment decision for Phase 1 of the liquefaction project in the first quarter of 2023, with first cargo deliveries expected in 2027. The Port Arthur LNG Phase 1 project is permitted and expected to include two natural gas liquefaction trains and LNG storage tanks and associated facilities capable of producing, under optimal conditions, up to approximately 13.5 Mtpa of LNG. A similarly sized Port Arthur LNG Phase 2 project is also competitively positioned and under active marketing and development. Development of both phases of the Port Arthur LNG project is contingent upon completing the required commercial agreements, securing and/or maintaining all necessary permits, obtaining financing, and reaching a final investment decision, among other factors. About Sempra Infrastructure Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the delivery of cleaner energy for its customers. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com and Twitter. About RWE RWE is leading the way to a green energy world. With an extensive investment and growth strategy, the company will expand its powerful, green generation capacity to 50 gigawatts internationally by 2030. RWE is investing more than €50 billion gross for this purpose in this decade. The portfolio is based on offshore and onshore wind, solar, hydrogen, batteries, biomass and gas. RWE Supply & Trading provides tailored energy solutions for large customers. RWE has locations in the attractive markets of Europe, North America and the Asia-Pacific region. The company is responsibly phasing out nuclear energy and coal. Government-mandated phaseout roadmaps have been defined for both of these energy sources. RWE employs around 19,000 people worldwide and has a clear target: to get to net zero by 2040. On its way there, the company has set itself ambitious targets for all activities that cause greenhouse gas emissions. The Science Based Targets initiative has confirmed that these emission reduction targets are in line with the Paris Agreement. Very much in the spirit of the company's purpose: Our energy for a sustainable life. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, and other actions by (i) the U.S. Department of Energy, Comisión Reguladora de Energía, U.S. Federal Energy Regulatory Commission and other governmental and regulatory bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations, property disputes and other proceedings; changes to laws and regulations, including certain of Mexico's laws and rules that impact energy supplier permitting, energy contract rates, the electricity industry generally and the import, export, transport and storage of hydrocarbons; cybersecurity threats, including by state and state-sponsored actors, by ransomware attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our ability to pass through any higher costs to current and future customers due to volatility in inflation, interest and foreign currency exchange rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may be disputed or not covered by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra 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 and on Sempra's website, www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure is not the same company as San Diego Gas & Electric Company or Southern California Gas Company, and neither Sempra Infrastructure nor any of its subsidiaries is regulated by the California Public Utilities Commission. SOURCE Sempra Infrastructure
Sempra Infrastructure Receives Export Licenses for Two LNG Projects
HOUSTON, Dec. 22, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that Energía Costa Azul, S. de R.L. de C.V. (ECA LNG) and Vista Pacifico, S.A.P.I. de C.V. (Vista Pacifico LNG) received authorization from the U.S. Department of Energy (DOE) to re-export U.S.-sourced liquefied natural gas (LNG) from Mexico to non-Free Trade Agreement (FTA) nations. The DOE's significant action is an important milestone for these two development projects, which now are each one step closer to supporting the world's energy security and environmental goals. "Advancing new infrastructure investments is critical to supporting the energy needs of America's allies, and we are grateful for the leadership of the Biden Administration, U.S. Energy Secretary Jennifer Granholm, and various Congressional stakeholders—including Sens. Joe Manchin, Ted Cruz and John Cornyn. These export projects are expected to support efforts across the Indo-Pacific region to diversify energy supplies while transitioning away from coal in power production," said Justin Bird, CEO of Sempra Infrastructure. "They are also expected to help strengthen U.S. trading relationships, as well as create new jobs and boost the U.S. and Mexico economies." Under the permits granted by DOE, Vista Pacifico LNG is authorized to re-export up to 200 billion cubic feet per year (Bcf/yr) of LNG from U.S.-sourced natural gas from the project under development in Topolobampo, Sinaloa, Mexico to any country with which the United States does not have an FTA requiring national treatment for trade in natural gas. Vista Pacifico LNG is projected to be a mid-scale facility with approximately 3.5 million tons per annum (Mtpa) of export capacity. Sempra Infrastructure is advancing the development of Vista Pacifico LNG in collaboration with Mexico's Federal Electricity Commission (CFE), as previously announced. The DOE also increased the authorized export volumes of ECA LNG Phase 2, permitting it to re-export up to 636 Bcf/yr of LNG from U.S.-sourced natural gas from the proposed project in Ensenada, Baja California, Mexico to non-FTA nations. Both permits are applicable for the period beginning on the date of first commercial re-export through December 2050. The proposed ECA LNG Phase 2 is expected to be comprised of two trains and one LNG storage tank and produce approximately 12 Mtpa of export capacity. ECA LNG Phase 1 received non-FTA export authorization in 2019 and is currently under construction with commercial operations expected in 2025. Development of ECA LNG Phase 2 and Vista Pacifico LNG is contingent upon completing the required commercial agreements, securing all necessary permits, obtaining financing, and reaching a final investment decision, among other factors. About Sempra Infrastructure Sempra Infrastructure delivers energy for a better world. Through the combined strength of its assets in North America, the company is dedicated to enabling the delivery of cleaner energy for its customers. With a continued focus on sustainability, innovation, world-class safety, championing people, resilient operations and social responsibility, its more than 2,000 employees develop, build and operate clean power, energy networks and LNG and net-zero solutions that are expected to play a crucial role in the energy systems of the future. For more information about Sempra Infrastructure, please visit www.SempraInfrastructure.com and Twitter. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits or other authorizations, and other actions by (i) the U.S. Department of Energy, Comisión Reguladora de Energía, U.S. Federal Energy Regulatory Commission and other governmental and regulatory bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations, property disputes and other proceedings; changes to laws and regulations, including certain of Mexico's laws and rules that impact energy supplier permitting, energy contract rates, the electricity industry generally and the import, export, transport and storage of hydrocarbons; cybersecurity threats, including by state and state-sponsored actors, by ransomware attacks on our systems or the systems of third-parties with which we conduct business, including to the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events, such as the war in Ukraine; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; our ability to borrow money on favorable terms or otherwise and meet our debt service obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook and (ii) rising interest rates and inflation; the impact on our ability to pass through any higher costs to current and future customers due to volatility in inflation, interest and foreign currency exchange rates and commodity prices and our ability to effectively hedge these risks; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to efficiently incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may be disputed or not covered by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that Sempra 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, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure is not the same company as San Diego Gas & Electric Company or Southern California Gas Company, and neither Sempra Infrastructure nor any of its subsidiaries is regulated by the California Public Utilities Commission. SOURCE Sempra North American Infrastructure
Sempra Named to Dow Jones Sustainability North America Index for 12th Consecutive Year
SAN DIEGO, Dec. 21, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced it has been named to the Dow Jones Sustainability North America Index (DJSI North America) for the 12th consecutive year. The company was recognized as a high performer in the utilities sector and achieved 100th percentile scores in the policy influence, information security and/or cybersecurity and water-related risk categories. "As the owner of one of the largest energy networks in North America, we recognize the importance of making new infrastructure investments to advance energy security, future economic growth and the development of a lower-carbon society," said Trevor Mihalik, executive vice president and chief financial officer at Sempra. "This recognition is a testament to our employees' positive impact on the environment and their dedication to safety and operational excellence." Sempra is committed to maintaining its position as a leader among U.S. energy infrastructure companies in the areas of environmental, social and governance (ESG) performance as described in its annual corporate sustainability report. DJSI North America, a leading benchmark for corporate sustainability, recognizes the top 20% of sustainability performers among the largest 600 U.S. and Canadian companies in the S&P Global Broad Market Index based on long-term economic, environmental and social criteria. Sempra's three growth platforms – Sempra California, Sempra Texas and Sempra Infrastructure – are strategically positioned to serve the growing needs of consumers in key markets in North America and around the world, while staying at the forefront of innovation and integrating cleaner forms of energy for the benefit of customers. Sempra's value proposition comes to life through its commitment to sustainable business practices across its family of companies, with a view toward making a positive impact in every market it serves. About Sempra Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have 20,000 talented employees who deliver energy with purpose to nearly 40 million consumers. With more than $72 billion in total assets at the end of 2021, the San Diego-based company is the owner of one of the largest energy networks in North America helping some of the world's leading economies move to cleaner sources of energy. The company is helping to advance the global energy transition through electrification and decarbonization in the markets it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture focused on safety, workforce development and training, and diversity and inclusion. Sempra was named the top-ranked utility in the U.S. for environmental, social and governance scores and financial performance by Investor's Business Daily and has been included on the Dow Jones Sustainability North America Index for 12 consecutive years. Sempra was also named one of the "World's Most Admired Companies" for 2022 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at sempra.com and on Twitter @Sempra. SOURCE Sempra

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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).