Skip to main content

We use cookies, pixels, and similar tools (“cookies”), some provided by third parties, to operate, improve, and personalize content and ads on our and other sites, and to enable and optimize site functionality. We and these third-parties may monitor, record, and access your data, including IP address and other identifiers, for these and similar purposes. More info: Privacy Policy. By browsing the site, you agree to our TERMS & CONDITIONS and to the use of these cookies and the collection/disclosure of your information by us and third-parties.

Sempra
  • Investors
    • Overview
    • Investor news
    • Financials & filings
    • Corporate governance
      • Code of conduct
      • Political engagement & contributions
      • W9 tax forms
    • Stock information
    • Investor resources
  • Careers
    • Overview
    • Open positions
    • Benefits
  • Newsroom
    • Overview
    • Media contacts
    • Press releases
    • Spotlight articles
    • Email Alerts
  • SRE: ()
  • Our business
    • Overview
    • Mission & values
    • Recognition & awards
    • Reliability & resilience
    • Sustainability
      • Sustainable financing
      • Sustainability resource library
  • Who we serve
    • Overview
    • Texas
    • California
    • Community giving
  • Our team
    • Overview
    • Board of directors
    • Leadership team
    • Meet our CEO
Displaying results 931 - 945 of 1201
Sempra Energy Providing Grants to Southern California Organizations to Fight Homelessness
SAN DIEGO, Nov. 30, 2018 – Sempra Energy (NYSE:SRE), the parent company of Southern California Gas Co. (SoCalGas), today announced it is providing $20,000 grants to seven organizations in SoCalGas’ service territory to help reduce homelessness. The grants are part of a giving campaign in honor of Sempra Energy’s 20 th anniversary – the “20/20/20” campaign – in which employees have been challenged to collectively engage in 20,000 volunteer hours in their communities. Thus far, Sempra Energy employees have recorded approximately 60,000 volunteer hours, triple the campaign goal. “Our company’s success is tied to the positive impacts we can have on the community,” said Dennis V. Arriola, executive vice president and group president for Sempra Energy. “Over the past 20 years, our employees have been committed to volunteering in our communities and we’ve contributed more than $260 million to charitable causes. I’m excited that we’re providing these grants through our 20/20/20 campaign because we believe it’s critical to be a responsible partner in the communities we’re honored to serve.” “SoCalGas is dedicated to improving the quality of life in the communities we serve,” said Bret Lane, president and chief operating officer of SoCalGas. “Each of the seven grant recipients is providing critical services to our most vulnerable populations, and we are proud to be their partner in the fight against homelessness and provide them with a 20/20/20 grant.” In recognition of employee volunteerism, the company has committed to issuing $20,000 grants to 20 organizations supporting the battle against homelessness. In SoCalGas’ service territory, grants are being given to Affordable Living for the Aging, Habitat for Humanity of Ventura County, HomeAid Orange County, LA Family Housing, the Riverside County Workforce Development Center, The Salvation Army of San Bernardino and United Way of Greater Los Angeles. “Sempra Energy’s 20/20/20 challenge proves that we can make a real difference, and move more people home, together,” said Stephanie Klasky-Gamer, CEO and president of LA Family Housing. “This volunteer-driven grant enables us to embark on a new strategy to renovate homes across Los Angeles to provide bridge housing for an additional 150 families annually. This approach increases our impact for those most in need, allows us to reinvest in Los Angeles communities and places vulnerable families into a fully integrated community where they can access the resources they need to become stable, together.” Additionally, grants are being given to other organizations throughout San Diego, Texas, Louisiana, Mexico, Chile and Peru. Sempra Energy and SoCalGas have numerous programs to support employee charitable donations and volunteerism. Last year, SoCalGas invested more than $10 million, through financial and in-kind donations, to nearly 1,000 educational, environmental, and community organizations across its service territory, and company employees volunteered more than 12,000 hours in their communities. About Sempra Energy Sempra Energy owns and operates natural gas and electric distribution utilities and is a major developer of North American energy infrastructure. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians – about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy, an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. ### Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission.
Sempra Energy Providing Grants To Fight Homelessness As Part Of '20/20/20' Giving Campaign
SAN DIEGO, Nov. 30, 2018 /PRNewswire/ -- Sempra Energy (NYSE:SRE) today announced it is providing $400,000 in contributions toward reducing homelessness in cities where the company operates, reaching communities throughout California, Texas, Louisiana, Mexico, Chile and Peru. The grants are part of a giving campaign in honor of Sempra Energy's 20 th anniversary – the "20/20/20" campaign – in which employees have been challenged to collectively engage in 20,000 volunteer hours in their communities. Thus far, Sempra Energy employees have recorded approximately 60,000 volunteer hours, triple the campaign goal. "Our company's success is tied to the positive impacts we can have on the community," said Dennis V. Arriola, executive vice president and group president for Sempra Energy. "Over the past 20 years, our employees have been committed to volunteering in our communities and we've contributed more than $260 million to charitable causes. I'm excited that we're providing these grants through our 20/20/20 campaign because we believe it's critical to be a responsible partner in the communities we're honored to serve." In recognition of employee volunteerism, the company has committed to issuing $20,000 grants to 20 organizations supporting the battle against homelessness. This includes Father Joe's Villages and Casa de Amparo in San Diego County, where the company is headquartered. "From all of us at Father Joe's Villages, I congratulate Sempra Energy on its 20-year anniversary and extend our deep appreciation for this generous grant which will help us provide desperately needed services for men, women and families who are homeless in San Diego," said Deacon Jim Vargas, president and CEO of Father Joe's Villages. "Casa de Amparo has had the privilege of helping hundreds of foster and former foster youth secure housing, obtain employment and create economic stability for themselves and their families," said Tamara Fleck-Myers, executive director of Casa de Amparo. "Casa de Amparo has been honored to partner with Sempra Energy for many years to continue to meet the needs of San Diego's foster and former foster youth as they grow into self-sufficient young adults." Organizations receiving the $20,000 grants include: Southern California Chula Vista: South Bay Community Services; El Cajon: Crisis House; Irvine: HomeAid Orange County; Los Angeles: Affordable Living for the Aging; LA Family Housing; United Way of Greater Los Angeles; Oceanside: North County Lifeline; Oxnard: Habitat for Humanity of Ventura County Riverside: Riverside County Workforce Development Center; San Bernardino: Salvation Army; San Diego: Father Joe's Villages; Monarch School; San Marcos: Casa de Amparo; Texas Katy: Arrow Child & Family Ministries; Port Arthur: United Board of Missions; Louisiana Baton Rouge: Metanoia Foundation Inc.; Sulphur: Care Help of Sulphur; Mexico Mexico City: Fundación Para la Protección de la Niñez; Chile Santiago: Hogar de Cristo; Peru Lima: Inspira. Sempra Energy is dedicated to supporting the communities it serves. The company has numerous programs to support employee charitable donations and volunteerism. In 2017, Sempra Energy donated nearly $16 million to charitable causes and employees donated an additional $2 million. Sempra Energy owns and operates natural gas and electric distribution utilities and is a major developer of North American energy infrastructure. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2017 revenues of more than $11 billion. Sempra Energy is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy
SDG&E Wins National Award For Best Electric Reliability In America
SAN DIEGO, Nov. 29, 2018 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) believes that every home and business deserves reliable energy. Whether it is keeping the lights on at home or work, or charging an electric vehicle, customers depend on SDG&E every day to power their lives. Yesterday, SDG&E was honored with the 2018 ReliabilityOne™ 'National Reliability Award' for superior performance among utilities in America by PA Consulting. In addition to this achievement, SDG&E received the 'Regional Reliability Award' for the Western Region for the 13 th consecutive year, and the 'Outstanding Technology and Innovation' award for the second year in a row for utilizing innovative technology to improve electric service. "Every day, our 4,000 employees come to work committed to providing reliable energy service to our customers – it is what our customers expect, and it is what they deserve," said Caroline Winn, chief operating officer for SDG&E. "This award is particularly noteworthy given that the amount of renewable energy SDG&E integrates is among the highest levels in the country. Our efforts don't stop there. We are continuing to improve, modernize and upgrade the electric grid to ensure that the communities we serve have clean, safe and reliable energy for generations to come." The ReliabilityOne™ Awards are given annually to utilities over six regions that have excelled in delivering the most reliable electric service to its customers. To be named the most reliable utility in the United States means electricity is available when customers need it, 24 hours a day, 365 days a year with fewer interruptions than most utility-customers throughout the country. Maintaining award-winning reliability is the foundation of SDG&E's day-to-day operations. Highly trained engineers, electric crews and power grid operators are continually working to lower the number and duration of power outages customers experience. With advanced and innovative improvements to the grid, customers on average experience about one power outage every other year lasting approximately 60 minutes. Some of SDG&E's innovative technology and reliability enhancements that contributed to national recognition include: Modernizing infrastructure: SDG&E is actively upgrading aging electrical equipment to ensure better performance, safety and reliability for customers. Fire hardening efforts are also on-going in our region's most fire-prone areas as SDG&E continues to mitigate the threat of wildfire in order to keep communities safe. Advancing clean energy: SDG&E is upgrading the power grid that serves the region to fully support the migration to 100% carbon-free energy in the years to come. To help facilitate a cleaner and healthier environment, SDG&E today is delivering around 45 percent of its energy from renewable sources. Investing in innovative energy solutions: As part of SDG&E's ongoing commitment to delivering a balanced mix of clean and reliable energy, the company has been a leader in its development of energy storage and microgrid programs. These new technologies allow power grid operators to gather intelligence, engineer, design, and ultimately build system upgrades that leverage innovative equipment and improve reliability for customers. "Since 2000, PA Consulting's ReliabilityOne™ program has pushed electric utilities providers to new heights of reliability," said Gregg Edeson, PA Consulting's ReliabilityOne™ Program Director. "This year, we once again showcase top industry leaders. The PA Consulting team applauds SDG&E for continuing to move the needle forward." SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing around 45 percent of its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@ SDGE), Instagram (@ SDGE) and Facebook. About PA Consulting An innovation and transformation consultancy, we believe in the power of ingenuity to build a positive human future in a technology-driven world. As strategies, technologies and innovation collide, we turn complexity into opportunity. Our diverse teams of experts combine innovative thinking and breakthrough technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results. We are over 2,600 specialists in consumer, defense and security, energy and utilities, financial services, government, healthcare, life sciences, manufacturing, and transport, travel and logistics. And we operate globally from offices across the Americas, Europe, the Nordics and the Gulf. PA. Bringing Ingenuity to Life. For more information about PA Consulting, visit www.paconsulting.com. PA's ReliabilityOne™ awards are presented to electric utilities providing their customers with the highest levels of reliability in the industry. PA's ReliabilityOne™ study is based on standard industry reliability statistics that measure the frequency and duration of electric power outages and has been analyzing electric utility performance since 1987. For more information about PA Consulting, visit www.paconsulting.com/energy. SOURCE San Diego Gas & Electric
SoCalGas Declares Preferred Dividends
LOS ANGELES, Nov. 26, 2018 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on January 15, 2019, to shareholders of record on December 10, 2018. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
As Colder Weather Approaches, SoCalGas Joins LA Kings to Give Away Energy-Saving Smart Thermostats
LOS ANGELES, Nov. 20, 2018 /PRNewswire/ -- As winter approaches, nighttime temperatures in Southern California regularly dip into the 40s. Southern California Gas Co. (SoCalGas) will join the LA Kings this Saturday, November 24, to give away three Nest smart thermostats at the team's Fan Fest event outside the Staples Center in downtown Los Angeles. Fans who stop by SoCalGas' booth can enter to win the smart thermostats and will also have a chance to win prizes, including a signed LA Kings team jersey, fleece blanket, beanie, and rally towel. There is no cost to enter, and thermostat winners will be announced each hour at 5 p.m., 6 p.m., and 7 p.m. "Smart thermostats are a great way for our customers to conserve energy and save money on natural gas bills, especially during the colder months when people use more gas to heat their homes," said Sharon Tomkins, vice president of customer solutions and strategy at SoCalGas. "We also offer great cost-saving incentives that make the purchase of a smart thermostat an even more worthwhile investment." SoCalGas is partnering with the LA Kings for the 2018 – 2019 season to share ways Southern Californians can keep their bills affordable and improve energy efficiency, as well as the latest developments in renewable natural gas, and other programs that reduce greenhouse gas emissions. The new partnership includes radio spots and in-stadium marketing, featuring digital ads and video, in addition to Fan Fest sponsorships. For more information about SoCalGas' partnership with the LA Kings, visit socalgas.com/kings. SoCalGas offers rebates on hundreds of home products that help save energy. SoCalGas customers can apply online for rebates in a matter of minutes. Among the most popular products are smart thermostats, which can learn residents' schedule and temperature preferences and adjust the temperature in their home automatically. Using a mobile app or computer, smart thermostats also allow users to adjust home temperatures and even use local weather conditions to help control energy costs. In addition, smart thermostats update software periodically to ensure the devices use the latest algorithms and energy-saving features available. Last winter, customers who participated in a smart thermostat energy efficiency pilot program saved enough natural gas to dry two million loads of laundry. SoCalGas also offers a website called SoCalGas Marketplace, where customers can find and compare cost-savings on various ENERGY STAR® certified appliances. Customers can save $75 on select smart thermostats and Energy Star natural gas dryers, $200 on select water heaters, and up to $75 on select washing machines. Customers can also save money on low-flow showerheads. Over their lifetime, energy efficient appliances can save customers hundreds of dollars in energy bills— average savings from energy efficiency appliances are approximately $1,500 with a tankless water heater, $550 with a natural gas furnace, $200 with a storage water heater, and $125 with a smart thermostat. SoCalGas is a leader in researching and developing new technologies that improve energy efficiency and protect the environment. Over the past five years, SoCalGas' energy efficiency programs have delivered more than 146 million therms in energy savings – enough to power 326,000 households a year – and have reduced greenhouse gas (GHG) emissions by more than 775,000 metric tons – the equivalent of removing nearly 165,000 cars from the road. In addition to purchasing energy efficient appliances, there are many simple steps customers can take to reduce their natural gas use during cold weather to help keep energy costs affordable, including: Setting your thermostat to 68 degrees when you are home and 55 degrees when you are not home. Lowering your thermostat three to five degrees can save up to 10 percent on heating costs. Installing proper caulking and weather-stripping; this can save roughly 10 to 15 percent on heating and cooling costs. Washing clothes in cold water to save up to 10 percent on water heating costs. Cleaning or replace your furnace filters according to manufacturer recommendations. Having your air ducts tested for leaks. Leaky ducts can cost between 10 to 30 percent in heating and cooling costs. Turning down the temperature on your water heater. Taking shorter showers to reduce your natural gas use. Fixing leaky faucets and pipes. Hot water leaks cause increased demand on the water heater, which increases natural gas use. One drop of water per second can waste 500 gallons of hot water per year. Limiting use of non-essential natural gas appliances, such as spas and fireplaces. More tips on home energy saving are available at socalgas.com/homeenergysavings. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
SoCalGas and Sempra Energy Foundation Pledge as Much as $350,000 to California Wildfire Victims
LOS ANGELES, Nov. 19, 2018 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and the Sempra Energy Foundation today announced as much as $350,000 in combined donations to support relief efforts for victims and evacuees impacted by the major wildfires that continue to burn throughout California. The contributions include: $75,000 in disaster relief assistance from SoCalGas; $25,000 in donations from Sempra Energy, the holding company that includes SoCalGas and San Diego Gas & Electric; $75,000 in donations from the Sempra Energy Foundation, a private foundation of Sempra Energy, to the American Red Cross; and $75,000 in donations from the Sempra Energy Foundation to the United Way of Ventura County, designated for the wildfire disaster-relief fund. In addition, the Sempra Energy Foundation has agreed to match Sempra Energy employee donations up to $50,000 to the American Red Cross and United Way of Ventura County, adding potentially $100,000 to the total contribution for relief efforts. "SoCalGas crews have been working with first responders around the clock to keep communities safe and to restore natural gas service to impacted customers because we know that being without natural gas service may be difficult, especially when temperatures are low," said Trisha Muse, director of community relations at SoCalGas. "It is our hope that these donations provide some relief and support to the thousands of families impacted by these devastating fires." "Residents have faced so much devastation and confusion throughout these terrible wildfires," said Eric Harrison, president and CEO of United Way of Ventura County. "The continued support from the Sempra Energy Foundation, SoCalGas, and Sempra Energy employees will go a long way to provide immediate assistance to impacted households in Ventura County. We're so thankful for their ongoing generosity." Through its strong network of volunteers, donors, and partners, the American Red Cross works to provide care, shelter, and hope for all people across the country and around the world affected by disaster. In times of emergency, the United Way of Ventura County works to improve people's lives by mobilizing a wide range of partners to provide the necessary resources to those who need it most. In addition to the American Red Cross and the United Way of Ventura County, the SoCalGas donations will support the following relief funds and organizations: American Red Cross, Central California Region American Red Cross, Los Angeles Region Ventura County Fire Department's Widows, Orphans and Assistance Fund Ventura County Community Foundation, Hills Fire and Woolsey Fires Sudden Urgent Needs Fund Friends of Ventura County Animal Services Los Angeles County Fire Department Foundation Big Heart Ranch Boys & Girls Club of Malibu, Malibu Fire Relief Fund Los Angeles County Animal Care Foundation Noah's Legacy Fund SoCalGas has more than 100 field representatives working alongside fire fighters in support of public safety and first responders. In areas where evacuation orders have been lifted, SoCalGas crews are working diligently to restore natural gas service to customers impacted by the fire. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Sempra Energy FoundationThe Sempra Energy Foundation is the 501(c)(3) private foundation of Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. For more information on the Sempra Energy Foundation, visit sempraenergyfoundation.org. SOURCE Southern California Gas Company
Sempra Energy Foundation, SoCalGas And Employees Pledge Disaster-Relief Assistance To California Wildfire Victims
SAN DIEGO, Nov. 19, 2018 /PRNewswire/ -- The Sempra Energy Foundation, Southern California Gas Co. (SoCalGas) and employees of the Sempra Energy companies today announced they are teaming up to donate as much as $350,000 to support relief efforts for communities severely impacted by the three major wildfires still burning across California. The Sempra Energy Foundation will make a donation of $75,000 to the American Red Cross and an additional donation of $75,000 to the United Way of Ventura County, designated to the wildfire disaster relief fund. SoCalGas, a Sempra Energy subsidiary, is donating more than $100,000 to a number of community organizations assisting victims and evacuees of the Woolsey Fire. The Sempra Energy Foundation also has agreed to match Sempra Energy employee donations up to $50,000 to the American Red Cross and United Way of Ventura County, adding potentially $100,000 to the total contribution for relief efforts. "The impact of the current wildfires has been devastating for thousands of Californians," said Dennis V. Arriola, chairman of the Sempra Energy Foundation. "It is our hope that these donations may provide some relief and support in helping those impacted begin to rebuild their lives and communities." The American Red Cross and United Way of Ventura County are providing relief to victims of the fires throughout California. The United Way of Ventura County will further support victims who have long-term recovery needs. "Residents have faced so much devastation and confusion throughout these terrible wildfires," said Eric Harrison, president and CEO of United Way of Ventura County. "The continued support from the Sempra Energy Foundation, SoCalGas and Sempra Energy employees will go a long way to provide assistance to impacted households in Ventura County. We're so thankful for their ongoing generosity." The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The United Way of Ventura County improves lives by inspiring and mobilizing the caring power and resources of its community by registering volunteers and coordinating with emergency services to disperse resources and place volunteers where they are needed most. The Sempra Energy Foundation is the 501(c)(3) private foundation of Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. For more information on the Sempra Energy Foundation, visit www.sempraenergyfoundation.org. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy Foundation
Redlands and Artesia Selected to Receive SoCalGas Grants for Climate Adaptation and Resiliency Planning
LOS ANGELES, Nov. 15, 2018 /PRNewswire/ -- SoCalGas today announced the cities of Redlands and Artesia each have been selected to receive $50,000 grants as part the utility's new Climate Adaptation and Resiliency Planning Grant program. The initiative is designed to support local efforts to prepare for climate-change risks such as wildfires, drought, sea level rise, flooding, and other events, which are expected to increase over the next decade. Photos of the grant presentations are available here. The winning applications were selected from across Southern and Central California by an advisory panel of planning and sustainability experts from the Los Angeles Regional Collaborative for Climate Action and Sustainability (LARC), Climate Resolve, and the American Planning Association-California Chapter (APA-California). Recipients were chosen based on their proposal's emphasis on: collaboration among various agencies, first responders and utilities; addressing vulnerabilities in disadvantaged communities; and benefits beyond resiliency, such as to public health, air quality, reductions in greenhouse gas emissions, and the economy. The grant program is funded by SoCalGas shareholders and does not impact natural gas bills. "With increasing climate-related events, it's more important than ever for local communities to enhance their resiliency," said George Minter, SoCalGas regional vice president of external affairs and environmental strategy. "Maintaining a diversity of energy resources, including delivery by both electric and gas systems, can ensure energy remains available to help communities respond to and recover from many types of adverse events." The City of Redlands will use its grant to update its local hazard mitigation plan, which will look at ways to alter the built environment so that life and property losses from natural hazards can be avoided or reduced. The SoCalGas grant will also make the city eligible for federal hazard mitigation grants which require matching funds from local sources. "We appreciate the efforts of SoCalGas and the opportunity to partner with them to address and prepare for the inevitable natural disasters that occur in Southern California," said Redlands Mayor Paul Foster. "Public safety is one of the primary responsibilities of local government. This grant funding from SoCalGas will help the City of Redlands to better meet that responsibility through planning and mitigation efforts." Artesia will use its grant to revamp its local hazard mitigation plan to better plan and prepare for natural disasters and extreme weather events with the goal of developing a federally-approved hazard mitigation plan. "As a small city with a limited budget, Artesia was hard-pressed to meet the new state requirement to include climate adaptation plans into our General Plan updates," said Sally Flowers, Mayor of Artesia. "This grant from SoCalGas will allow us to create a plan that will allow us to be better prepared for extreme heat, fires, windstorms and other potential disasters." SoCalGas is a leader in developing and investing in technologies that reduce greenhouse gas emissions linked to climate change. The company has been working to increase the amount of renewable natural gas produced in California. Renewable natural gas technology captures methane emissions from landfills, wastewater treatment plants, and dairies, then makes the methane available for use in any way traditionally-sourced natural gas is used. SoCalGas is also developing cutting-edge technologies that store surplus renewable energy in the form of renewable gas or hydrogen. These "power-to-gas" technologies use existing infrastructure to store energy and can store it for months or longer. A recent study on the impacts of four climate-related disasters on the energy sector found that natural gas infrastructure exhibited significant resilience because it is underground. In addition, the study showed that backup generation powered by natural gas pipelines can provide on-site electricity generation for hospitals, relief centers and other critical facilities during a disaster. A summary of its findings may be found here. To learn more about what SoCalGas is doing to reduce emissions linked to climate change click here. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.7 million customers across 22,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
SoCalGas Takes Part in "Utilities United Against Scams Day" To Help Protect Customers from Fraud
LOS ANGELES, Nov. 14, 2018 /PRNewswire/ -- Southern California Gas Co. ( SoCalGas) and other natural gas water and electric utilities across the United States and Canada are joining forces today to protect their customers from scammers impersonating utility employees, either on the phone or in-person. A coalition of utilities called Utilities United Against Scams (UUAS) designated November 14 as the third annual "Utilities United Against Scams Day," which will also be supported by a week-long campaign focused on exposing the tricks criminals use to steal money from customers. Through increased awareness and reports of possible scams, UUAS and its member companies have helped to shut down nearly 2,500 Toll-Free Numbers used by scammers against utility customers since March 2017. "We take the privacy and security of our SoCalGas customers very seriously and are proud to take part in this campaign to help raise awareness," said Paul Goldstein, vice president of customer services at SoCalGas. "We encourage customers to look for the warning signs associated with this latest scam and to call the police as well as our customer call center number to report it to us. We also want to reiterate that we do not call our customers who are late on their payments but will instead send an email or a notice in the mail." Going from November 11-17, this year's campaign "7 Scams in 7 Days" focuses on scams involving unsolicited phone calls from individuals who falsely claim to be SoCalGas or other utility representatives. The scammer warns the customer that SoCalGas will disconnect the customer's natural gas service if the customer fails to make a payment, usually within a short timeframe. It is important that customers call SoCalGas directly to check on the status of their accounts if they are ever unsure about the authenticity of a caller or the identity of a service worker, or if they suspect any fraudulent activity. SoCalGas representatives do not call customers demanding payments by phone. In some cases, recorded messages remind customers that payments are due to avoid service interruptions, but SoCalGas will never demand payments be made by phone. Bill payment options include: Online payment via SoCalGas' My Account, where enrolled customers can make secure online payments, access account balance, schedule automatic payments, get email bill reminders, and pay by text. Pay by Credit or Debit through an independent service provider, BillMatrix online. Pay by Phone or Pay by Direct Debit with check or savings account. Customers can pay by mail, sending a check or money order with their bill stub to: SoCalGas, P.O. Box C, Monterey Park, CA 91756. For information, visit socalgas.com/pay-bill/ways-to-pay or call 800-427-2200 . Warning signs of a scam: A customer receives a phone call from someone claiming to be a utility employee, saying that their account is past due and threatening disconnection if a large sum of money isn't received within a short time frame. Often, scammers instruct customers to purchase a pre-paid debit, credit card, or cryptocurrency (such as bitcoin) and then call him or her back to make a payment to "SoCalGas" to avoid disconnection. The scammer then asks the customer for the pre-paid card's or cryptocurrency receipt number and PIN number which will then give the thief access to the funds. How to protect yourself: SoCalGas representatives never ask a customer with a delinquent account to purchase a pre-paid debit, credit card, or cryptocurrency to avoid disconnection. Customers can make online payments by phone, automatic bank draft, mail or in person at an authorized SoCalGas payment center. Customers with delinquent accounts always receive an advance disconnection notification with the regular monthly billing and never a single notification one hour before service disconnection. Customers who suspect or experience fraud or feel threatened during contact with one of these thieves, should contact local authorities, and then SoCalGas at 1-800-427-2200 . SoCalGas continues its efforts to protect its customers in a variety of ways including: bill messages and alerts, working with the media, and partnering with local law enforcement and officials. Customers are also encouraged to enroll in My Account for free tracking alerts and other online tools. It's an easy way to monitor natural gas use each week — instead of waiting until the monthly bill arrives — and it can help customers use less natural gas to lower their bills. Once enrolled, they can easily access their gas usage information, pay bills, schedule service orders and sign up for Bill Tracker Alerts. Get Social to #StopScams Help us spread awareness about utility scams on social media by sharing stories, articles and tips using #StopScams. Follow the official UUAS channels on Twitter: @U_U_A_S and Facebook: https://www.facebook.com/UtilitiesUnited/ for the latest updates. For more information, visit http://www.utilitiesunited.org. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
Sempra Energy Launches Annual Grant Program For Veterans Day
SAN DIEGO, Nov. 12, 2018 /PRNewswire/ -- Sempra Energy (NYSE:SRE) today announced that the company is launching an annual charitable-contribution program for Veterans Day to benefit support organizations for veterans and their families, with the inaugural grant of $20,000 going to the Gary Sinise Foundation. The Gary Sinise Foundation is a charitable organization dedicated to assisting service members, first responders, veterans and their families. This year's grant will support the Gary Sinise Foundation's R.I.S.E. program, which provides wounded veterans and their families the resources they need to increase their mobility and overcome new life challenges. This includes home modifications, adapted vehicles, mobility devices or constructing specially adapted smart homes. "We're proud to initiate this annual grant program to assist U.S. veterans who have sacrificed to protect our great nation's freedom and our way of life," said Jeffrey W. Martin, CEO of Sempra Energy. "I am honored that Sempra Energy employs nearly 1,000 veterans across our family of companies, who bring value to the communities we serve every day." "We are thankful for supporters like Sempra Energy for their generous contribution to help change the lives for those who have sacrificed so much for our freedom," said Judith Otter, chief operating officer of the Gary Sinise Foundation. "With our R.I.S.E. program, we currently have 70 homes completed or underway. These 100-percent mortgage-free, specially adapted homes restore independence for our severely wounded heroes and ease daily life for them and their loved ones." Sempra Energy is committed to supporting veteran employees, as well as veterans who live in the communities where the company operates. Sempra Energy regularly participates in job-recruitment events for veterans and the company has supplier-diversity programs that advocate for procurement opportunities for businesses owned by service-disabled veterans, women, minorities and LGBT-owned business enterprises. Sempra Energy owns and operates natural gas and electric distribution utilities and is a major developer of North American energy infrastructure. Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy
Traffic Advisory: Lane Reductions in the Rosedale Area of Northwest Bakersfield for Pipeline Inspection Project
WHAT: SoCalGas will be performing a safety inspection on a natural gas pipeline at three locations in the Rosedale area of northwest Bakersfield starting on November 13. Crews are expected to work on the natural gas pipeline through April 2019. To perform this pipeline inspection safely, northbound and southbound traffic will be reduced to one lane in two areas on Renfro Road: between Noriega Road and Southernwood Avenue, and between Hageman Road and Tierra Viejo Road. Eastbound and westbound lanes on Hageman Road between Meadow Lake Road and Renfro Road will also be reduced to one lane near this site. Traffic control signs, k-rails and cones will help direct the flow of traffic. Flaggers will alternate the flow traffic on Renfro Road between Hageman Road and Tierra Viejo Road. There will be parking restrictions near the construction sites. Residents and local businesses may hear some work-related noise. During work hours, commuters passing by the work site will see excavation, equipment and vehicles. No interruption to natural gas service is anticipated. Customers may smell the odor of natural gas. Although this is normal when crews are working, SoCalGas encourages anyone who smells gas to call us at 1-800-427-2200 . SoCalGas is available 24 hours a day, seven days a week. WHERE: Renfro Road between Noriega Road and Southernwood Avenue in the Rosedale area of northwest Bakersfield, as shown in this link. Renfro Road between Hageman Road and Tierra Viejo Road, as shown in this link. Hageman Road between Meadow Lake Road and Renfro Road, as shown in this link. WHEN: Lanes will be reduced from 7 a.m. to 5 p.m., Monday through Thursday, from approximately November 13, 2018 through April 2019 depending on weather and other factors. NOTE: SoCalGas continually invests in its natural gas system infrastructure. From 2011 through 2016, the company invested nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. To learn more about SoCalGas’ Pipeline Safety, visit: https://www.socalgas.com/stay-safe/pipeline-and-storage-safety/pipeline… PUBLIC CONTACT: Customers with questions or concerns about the construction work may call SoCalGas’ Customer Contact Center 24-hours a day, seven-days a week at 800-427-2200 . Our top priorities are to work safely and to provide the communities we serve with safe and reliable natural gas service. MEDIA CONTACT: 24-Hour Media Hotline: 213-244-2442 | www.socalgas.com/newsroom | @SoCalGasNews
Traffic Advisory: SoCalGas to Begin Pipeline Improvement Project in Pismo Beach on November 12
WHAT: SoCalGas will be performing a pipeline modernization project on a segment of natural gas pipeline in Pismo Beach starting on November 12. Crews are expected to work in the area on the natural gas pipeline through February 2019. To perform this pipeline replacement safely, eastbound and westbound traffic on James Way will be reduced to one lane near the construction site. Westbound and eastbound traffic on James Way will still be able to make a left- or right-hand turn onto Shamrock Lane. Flaggers will alternate the flow of traffic in each direction near the work site, along with message boards and cones. There will be parking restrictions on James Way near Shamrock Lane on both sides of the street. SoCalGas crews will also conduct work near the intersection of Bello Street and Juan Bautista de Anza Trail, however there will not be lane reductions or parking restrictions related to this project. Residents and local business owners may hear some work-related noise. During work hours, commuters passing by the work site will see excavation, equipment and vehicles. No interruption to natural gas service is anticipated. Customers may smell the odor of natural gas. Although this is normal when crews are working, SoCalGas encourages anyone who smells gas to call us at 1-800-427-2200 . SoCalGas is available 24 hours a day, seven days a week. WHERE: James Way, near Shamrock Lane, as shown in this link. Bello Street and Juan Bautista de Anza Trail, as shown in this link. WHEN: Lanes will be reduced from 7 a.m. to 5:30 p.m., Monday through Friday, from approximately November 12 to February 2019. NOTE: SoCalGas continually invests in its natural gas system infrastructure. From 2011 through 2016, the company invested nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. To learn more about SoCalGas’ Pipeline Safety, visit: https://www.socalgas.com/stay-safe/pipeline-and-storage-safety/pipeline… PUBLIC CONTACT: Customers with questions or concerns about the construction work may call SoCalGas’ Customer Contact Center 24-hours a day, seven-days a week at 800-427-2200 . Our top priorities are to work safely and to provide the communities we serve with safe and reliable natural gas service. MEDIA CONTACT: Vanessa Skillman | SoCalGas | 213-670-3844 vskillman@semprautilities.com | 24-Hour Media Hotline: 213-244-2442 www.socalgas.com/newsroom | @SoCalGasNews ###
Sempra Energy Reports Higher Third-Quarter 2018 Earnings
SAN DIEGO, Nov. 7, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported third-quarter 2018 earnings of $274 million, or $0.99 per diluted share, up from $57 million, or $0.22 per diluted share, in the third quarter 2017. On an adjusted basis, Sempra Energy's third-quarter 2018 earnings increased to $339 million, or $1.23 per diluted share, from $265 million, or $1.04 per diluted share, in the third quarter 2017. "The most recent quarter was very strong – credit goes to our employees," said Jeffrey W. Martin, CEO of Sempra Energy. "All of our businesses contributed to our third-quarter operating results. We are building momentum, successfully executing on several major initiatives to advance our strategic vision of becoming North America's premier energy infrastructure company. Our agreement to sell our U.S. solar assets is important. We expect to utilize capital from our solar asset sales to significantly expand our regulated Texas utility platform through Oncor's acquisition of InfraREIT and our acquisition of a 50-percent interest in Sharyland. We also have made significant progress toward our goal of becoming a market leader in North American liquefied natural gas (LNG) exports, recently securing preliminary commercial agreements for development of several LNG export projects." For the first nine months of 2018, Sempra Energy's earnings were $60 million, or $0.22 per diluted share, compared with $757 million, or $2.99 per diluted share, in the first nine months last year. Adjusted earnings for the first nine months of 2018 were $1.07 billion, or $4 per diluted share, compared with $979 million, or $3.87 per diluted share, in the first nine months of 2017. These results reflect certain significant items as described in the following table of GAAP earnings reconciled to adjusted earnings (on an after-tax basis) for the third quarter and first nine months of 2018 and 2017: Three months ended Nine months ended September 30, September 30, (Unaudited; dollars, except EPS, and shares, in millions) 2018 2017 2018 2017 GAAP Earnings (1) $ 274 $ 57 $ 60 $ 757 Impairment of Non-Utility Natural Gas Storage Assets - - 755 - Impairment of U.S. Wind Equity Method Investments - - 145 - Impairment of Investment in RBS Sempra Commodities 65 - 65 - - Impact from the Tax Cuts and Jobs Act of 2017 - - 25 - Impacts Associated with Aliso Canyon Litigation - - 22 - Write-off of Wildfire Regulatory Asset - 208 - 208 Adjustments Related to Termoeléctrica de Mexicali (TdM) - - - 42 Recoveries Related to 2016 Permanent Release of Pipeline Capacity - - - (28) Adjusted Earnings (1) $ 339 $ 265 $ 1,072 $ 979 Diluted weighted-average shares outstanding 276 253 268 253 GAAP Earnings Per Diluted Share (1) $ 0.99 $ 0.22 $ 0.22 $ 2.99 Adjusted Earnings Per Diluted Share (1) $ 1.23 $ 1.04 $ 4.00 $ 3.87 1) Attributable to common shares. Sempra Energy adjusted earnings and adjusted earnings per share are non-GAAP financial measures. See Table A for information regarding non-GAAP financial measures and descriptions of adjustments above. OPERATING HIGHLIGHTS Earlier today, Sempra Energy announced that its IEnova and Sempra LNG & Midstream subsidiaries have signed three Heads of Agreements (HOAs) with affiliates of Total S.A., Mistui & Co., Ltd., and Tokyo Gas Co., Ltd., for the full export capacity of Phase 1 of the Energia Costa Azul (ECA) LNG liquefaction project located in Baja California, Mexico. The HOAs contemplate the parties negotiating and finalizing definitive 20-year LNG sales-and-purchase agreements, with each of the companies purchasing approximately 0.8 million tonnes per annum (Mtpa) of LNG. ECA LNG Phase 1 is expected to include one liquefaction train capable of producing approximately 2.4 Mtpa of LNG. Earlier this week, Sempra Energy announced a Memorandum of Understanding (MOU) with Total S.A. that contemplates Total potentially contracting for up to 9 Mtpa of LNG offtake from Sempra Energy's LNG export development projects, including the approximately 0.8 Mtpa at ECA LNG Phase 1, as described above, and at Cameron LNG Phase 2. On Nov. 2, Sempra Energy announced that Cameron LNG has initiated the commissioning process for the first liquefaction train of Phase 1 of the Louisiana joint-venture export project. Commissioning is the last step before the start-up process, when the liquefaction trains become fully operational and LNG can be exported from the facility. The first three liquefaction trains that comprise Cameron LNG Phase 1 are expected to be producing LNG in 2019. On Oct. 18, Sempra Energy announced that it and Oncor have entered into agreements under which Oncor will acquire 100 percent of the equity interests of InfraREIT, Inc. for $1.275 billion, excluding certain transaction costs, and Sempra Energy will acquire a 50-percent limited-partnership interest in a holding company that will own Sharyland Utilities, LP, for approximately $98 million. Sempra Energy expects to utilize approximately $1.12 billion, excluding certain transaction costs, from the company's pending solar asset sales to help fund the transaction, which is slated for completion in mid-2019, subject to regulatory approvals, lender consents and customary closing conditions. On Sept. 20, Sempra Renewables entered into an agreement to sell all of its U.S. operating solar assets, one U.S. wind generation facility, and its solar and battery storage development projects to a subsidiary of Consolidated Edison for $1.54 billion, subject to regulatory approvals and customary closing conditions. The sales process for the other announced asset sales – U.S. wind and U.S. non-utility natural gas storage assets – is ongoing. Sempra Energy's Mexican subsidiary IEnova continues to expand its liquids business with the recent acquisition of a 51-percent equity interest in the Manzanillo marine terminal development project. IEnova will build the terminal, which is estimated to cost approximately $200 million, of which IEnova's share would be approximately $100 million. The project is expected to commence commercial operations in late 2020 and 50 percent of the terminal's capacity already is contracted to Trafigura Mexico, S.A. de C.V. In recent months, IEnova also announced new capacity agreements for the Baja Refinados and Topolobampo liquids terminals, both of which are now fully contracted. EARNINGS GUIDANCE Today, Sempra Energy reaffirmed its 2018 GAAP earnings-per-share guidance range of $2.83 to $3.44 and 2018 adjusted earnings-per-share guidance range of $5.30 to $5.80. NON-GAAP FINANCIAL MEASURES Non-GAAP financial measures include Sempra Energy's adjusted earnings and adjusted earnings per share for the third-quarter and nine-month periods in 2018 and 2017, as well as the adjusted 2018 earnings-per-share guidance range. Additional information regarding these non-GAAP financial measures is in Table A of the third-quarter financial tables. INTERNET BROADCAST Sempra Energy will webcast a live discussion of its earnings results today at 12 p.m. EST with senior management of the company. Access is available by logging onto the website at www.sempra.com. For those unable to log onto the live webcast, the teleconference will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 9587918. Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts, major acquisitions such as our interest in Oncor, and construction projects, including risks in (i) timely obtaining or maintaining permits and other authorizations, (ii) completing construction projects on schedule and on budget, (iii) obtaining the consent and participation of partners and counterparties and their ability to fulfill contractual commitments, and (iv) not realizing anticipated benefits; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our equity and debt securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit and the liquidity of our investments; and volatility in inflation, interest and currency exchange rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and commitments, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov . Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SEMPRA ENERGY Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended September 30, Nine months ended September 30, (Dollars in millions, except per share amounts) 2018 2017 (1) 2018 2017 (1) (unaudited) REVENUES Utilities $ 2,460 $ 2,277 $ 7,248 $ 7,172 Energy-related businesses 480 402 1,218 1,071 Total revenues 2,940 2,679 8,466 8,243 EXPENSES AND OTHER INCOME Utilities: Cost of electric fuel and purchased power (675) (650) (1,778) (1,730) Cost of natural gas (255) (190) (782) (903) Energy-related businesses: Cost of natural gas, electric fuel and purchased power (119) (97) (257) (226) Other cost of sales (17) (21) (54) (5) Operation and maintenance (819) (759) (2,383) (2,226) Depreciation and amortization (380) (378) (1,158) (1,106) Franchise fees and other taxes (131) (114) (352) (325) Write-off of wildfire regulatory asset — (351) — (351) Impairment losses (4) (1) (1,304) (72) Other income, net 97 40 196 322 Interest income 22 12 76 26 Interest expense (232) (165) (685) (493) Income (loss) before income taxes and equity earnings of unconsolidated subsidiaries 427 5 (15) 1,154 Income tax (expense) benefit (167) 84 127 (378) Equity earnings 74 13 50 26 Net income 334 102 162 802 Earnings attributable to noncontrolling interests (24) (45) (12) (44) Mandatory convertible preferred stock dividends (36) — (89) — Preferred dividends of subsidiary — — (1) (1) Earnings attributable to common shares $ 274 $ 57 $ 60 $ 757 Basic earnings per common share $ 1.00 $ 0.23 $ 0.23 $ 3.01 Weighted-average number of shares outstanding, basic (thousands) 273,944 251,692 265,963 251,425 Diluted earnings per common share $ 0.99 $ 0.22 $ 0.22 $ 2.99 Weighted-average number of shares outstanding, diluted (thousands) 275,907 253,364 267,644 252,987 (1) As adjusted for the retrospective adoption of Accounting Standards Update (ASU) 2017-07 and a reclassification to conform to current year presentation. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY ADJUSTED EARNINGS TO SEMPRA ENERGY GAAP EARNINGS (Unaudited) Sempra Energy Adjusted Earnings and Adjusted Earnings Per Common Share exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2018 and 2017 as follows: Three months ended September 30, 2018: $(65) million impairment of RBS Sempra Commodities LLP (RBS Sempra Commodities) equity method investment at Parent and other Three months ended September 30, 2017: $(208) million write-off of wildfire regulatory asset at San Diego Gas & Electric Company (SDG&E) Nine months ended September 30, 2018: $(65) million impairment of RBS Sempra Commodities equity method investment $(755) million impairment of certain non-utility natural gas storage assets in the southeast U.S. at Sempra LNG & Midstream $(145) million other-than-temporary impairment of certain U.S. wind equity method investments at Sempra Renewables $(22) million impacts associated with Aliso Canyon natural gas storage facility litigation at Southern California Gas Company (SoCalGas) $(25) million income tax expense to adjust the Tax Cuts and Jobs Act of 2017 (TCJA) provisional amounts Nine months ended September 30, 2017: $(208) million write-off of wildfire regulatory asset at SDG&E $(47) million impairment of Termoeléctrica de Mexicali (TdM) assets that were held for sale until June 2018 at Sempra Mexico $5 million deferred income tax benefit on the TdM assets that were held for sale $28 million of recoveries related to 2016 permanent release of pipeline capacity at Sempra LNG & Midstream Sempra Energy Adjusted Earnings and Adjusted Earnings Per Common Share are non-GAAP financial measures (GAAP represents accounting principles generally accepted in the United States of America). Because of the significance and/or nature of the excluded items, management believes that these non-GAAP financial measures provide a meaningful comparison of the performance of Sempra Energy's business operations from 2018 to 2017 and to future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra Energy GAAP Earnings and GAAP Diluted Earnings Per Common Share, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. Pretax amount Income tax (benefit) expense (1) Non- controlling interests Earnings Pretax amount Income tax (benefit) expense (1) Non- controlling interests Earnings (Dollars in millions, except per share amounts) Three months ended September 30, 2018 Three months ended September 30, 2017 Sempra Energy GAAP Earnings $ 274 $ 57 Excluded items: Impairment of investment in RBS Sempra Commodities $ 65 $ — $ — 65 $ — $ — $ — — Write-off of wildfire regulatory asset — — — — 351 (143) — 208 Sempra Energy Adjusted Earnings $ 339 $ 265 Diluted earnings per common share: Sempra Energy GAAP Earnings $ 0.99 $ 0.22 Sempra Energy Adjusted Earnings $ 1.23 $ 1.04 Weighted-average number of shares outstanding, diluted (thousands) 275,907 253,364 Nine months ended September 30, 2018 Nine months ended September 30, 2017 Sempra Energy GAAP Earnings $ 60 $ 757 Excluded items: Impairment of investment in RBS Sempra Commodities $ 65 $ — $ — 65 $ — $ — $ — — Impairment of non-utility natural gas storage assets 1,300 (499) (46) 755 — — — — Impairment of U.S. wind equity method investments 200 (55) — 145 — — — — Impacts associated with Aliso Canyon litigation 1 21 — 22 — — — — Impact from the TCJA — 25 — 25 — — — — Write-off of wildfire regulatory asset — — — — 351 (143) — 208 Impairment of TdM assets held for sale — — — — 71 — (24) 47 Deferred income tax benefit associated with TdM — — — — — (8) 3 (5) Recoveries related to 2016 permanent release of pipeline capacity — — — — (47) 19 — (28) Sempra Energy Adjusted Earnings $ 1,072 $ 979 Diluted earnings per common share: Sempra Energy GAAP Earnings $ 0.22 $ 2.99 Sempra Energy Adjusted Earnings $ 4.00 $ 3.87 Weighted-average number of shares outstanding, diluted (thousands) 267,644 252,987 (1) Except for adjustments that are solely income tax and tax related to outside basis differences, income taxes were primarily calculated based on applicable statutory tax rates. Income taxes associated with TdM were calculated based on the applicable statutory tax rate, including translation from historic to current exchange rates. An income tax benefit of $12 million associated with the 2017 TdM impairment has been fully reserved. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY 2018 ADJUSTED EARNINGS-PER-SHARE GUIDANCE RANGE TO SEMPRA ENERGY 2018 GAAP EARNINGS-PER-SHARE GUIDANCE RANGE (Unaudited) Sempra Energy 2018 Adjusted Earnings-Per-Share Guidance Range of $5.30 to $5.80 excludes items (after the effects of income taxes and, if applicable, noncontrolling interests) as follows: $(965) million in impairments of certain assets and equity method investments $(22) million impacts associated with Aliso Canyon natural gas storage facility litigation $(25) million income tax expense to adjust the TCJA provisional amounts $340 million - $370 million estimated gain on sale, net of $128 million - $139 million (1) income tax expense, of the Sempra Renewables operating solar assets, Broken Bow 2 wind generation facility and its solar and battery storage development projects (the Renewables Sale) that is expected to close near the end of 2018 Sempra Energy 2018 Adjusted Earnings-Per-Share Guidance is a non-GAAP financial measure. Because of the significance and/or nature of the excluded items, management believes this non-GAAP financial measure provides additional clarity into the ongoing results of the business and the comparability of such results to prior and future periods and also as a base for projected earnings-per-share compound annual growth rate. Sempra Energy 2018 Adjusted Earnings-Per-Share Guidance should not be considered an alternative to Earnings-Per-Share Guidance determined in accordance with GAAP. The table below reconciles Sempra Energy 2018 Adjusted Earnings-Per-Share Guidance Range to Sempra Energy 2018 GAAP Earnings-Per-Share Guidance Range, which we consider to be the most directly comparable financial measure calculated in accordance with GAAP. Full-Year 2018 Sempra Energy GAAP Earnings-Per-Share Guidance Range $ 2.83 to $ 3.44 Excluded items: Impairments of certain assets and equity method investments 3.55 3.55 Impacts associated with Aliso Canyon litigation 0.08 0.08 Impact from the TCJA 0.09 0.09 Estimated gain on the Renewables Sale (1.25) (1.36) Sempra Energy Adjusted Earnings-Per-Share Guidance Range $ 5.30 to $ 5.80 Weighted-average number of shares outstanding, diluted (millions) 272 (1) Income taxes on estimated gain were calculated based on applicable statutory tax rates. SEMPRA ENERGY Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) September 30, 2018 December 31, 2017 (1) (unaudited) Assets Current assets: Cash and cash equivalents $ 212 $ 288 Restricted cash 73 62 Accounts receivable, net 1,663 1,584 Due from unconsolidated affiliates 43 37 Income taxes receivable 99 110 Inventories 345 307 Regulatory assets 92 325 Fixed-price contracts and other derivatives 96 66 Greenhouse gas allowances 339 299 Assets held for sale 1,881 127 Other 202 136 Total current assets 5,045 3,341 Other assets: Restricted cash 3 14 Due from unconsolidated affiliates 682 598 Regulatory assets 1,469 1,517 Nuclear decommissioning trusts 1,042 1,033 Investment in Oncor Holdings 9,553 — Other investments 2,561 2,527 Goodwill 2,363 2,397 Other intangible assets 229 596 Dedicated assets in support of certain benefit plans 443 455 Insurance receivable for Aliso Canyon costs 474 418 Deferred income taxes 116 170 Greenhouse gas allowances 275 93 Sundry 852 792 Total other assets 20,062 10,610 Property, plant and equipment, net 35,498 36,503 Total assets $ 60,605 $ 50,454 (1) Derived from audited financial statements. SEMPRA ENERGY Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) September 30, 2018 December 31, 2017 (1) (unaudited) Liabilities and Equity Current liabilities: Short-term debt $ 2,897 $ 1,540 Accounts payable 1,375 1,523 Due to unconsolidated affiliates 7 7 Dividends and interest payable 495 342 Accrued compensation and benefits 356 439 Regulatory liabilities 284 109 Current portion of long-term debt 1,464 1,427 Fixed-price contracts and other derivatives 63 109 Customer deposits 172 162 Reserve for Aliso Canyon costs 161 84 Greenhouse gas obligations 339 299 Liabilities held for sale 156 49 Other 722 545 Total current liabilities 8,491 6,635 Long-term debt 21,335 16,445 Deferred credits and other liabilities: Customer advances for construction 146 150 Due to unconsolidated affiliates 36 35 Pension and other postretirement benefit plan obligations, net of plan assets 1,052 1,148 Deferred income taxes 2,231 2,767 Deferred investment tax credits 25 28 Regulatory liabilities 3,974 3,922 Asset retirement obligations 2,750 2,732 Fixed-price contracts and other derivatives 235 316 Greenhouse gas obligations 102 — Deferred credits and other 1,117 1,136 Total deferred credits and other liabilities 11,668 12,234 Equity: Sempra Energy shareholders' equity 16,617 12,670 Preferred stock of subsidiary 20 20 Other noncontrolling interests 2,474 2,450 Total equity 19,111 15,140 Total liabilities and equity $ 60,605 $ 50,454 (1) Derived from audited financial statements. SEMPRA ENERGY Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Nine months ended September 30, (Dollars in millions) 2018 2017 (1) (unaudited) Cash Flows from Operating Activities Net income $ 162 $ 802 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 1,158 1,106 Deferred income taxes and investment tax credits (289) 302 Write-off of wildfire regulatory asset — 351 Impairment losses 1,304 72 Equity earnings (50) (26) Fixed-price contracts and other derivatives (44) (142) Other 139 18 Net change in other working capital components 444 229 Insurance receivable for Aliso Canyon costs (56) 64 Changes in other noncurrent assets and liabilities, net (177) (72) Net cash provided by operating activities 2,591 2,704 Cash Flows from Investing Activities Expenditures for property, plant and equipment (2,815) (2,880) Expenditures for investments and acquisitions (9,921) (110) Proceeds from sale of assets 7 12 Distributions from investments 9 25 Purchases of nuclear decommissioning trust assets (703) (1,082) Proceeds from sales of nuclear decommissioning trust assets 703 1,082 Advances to unconsolidated affiliates (84) (321) Repayments of advances to unconsolidated affiliates 71 8 Other 29 6 Net cash used in investing activities (12,704) (3,260) Cash Flows from Financing Activities Common dividends paid (645) (561) Preferred dividends paid (53) — Preferred dividends paid by subsidiary (1) (1) Issuances of mandatory convertible preferred stock, net of $41 in offering costs 2,259 — Issuances of common stock, net of $41 in offering costs in 2018 2,261 37 Repurchases of common stock (20) (15) Issuances of debt (maturities greater than 90 days) 8,628 2,395 Payments on debt (maturities greater than 90 days) (2,967) (1,829) Increase in short-term debt, net 707 475 Proceeds from sales of noncontrolling interest, net of $1 in offering costs 90 — Net distributions to noncontrolling interests (101) (109) Settlement of cross-currency swaps (33) — Other (80) (11) Net cash provided by financing activities 10,045 381 Effect of exchange rate changes on cash, cash equivalents and restricted cash (8) 11 Decrease in cash, cash equivalents and restricted cash (76) (164) Cash, cash equivalents and restricted cash, January 1 364 425 Cash, cash equivalents and restricted cash, September 30 $ 288 $ 261 (1) As adjusted for the retrospective adoption of ASU 2016-15 and ASU 2016-18. SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS Three months ended September 30, Nine months ended September 30, (Dollars in millions) 2018 2017 2018 2017 (unaudited) Earnings (Losses) SDG&E $ 205 $ (28) $ 521 $ 276 SoCalGas (14) 7 244 268 Sempra Texas Utility 154 — 283 — Sempra South American Utilities 50 42 140 134 Sempra Mexico 44 66 161 105 Sempra Renewables 34 15 (54) 49 Sempra LNG & Midstream 16 (4) (764) 24 Parent and other (215) (41) (471) (99) Total $ 274 $ 57 $ 60 $ 757 Three months ended September 30, Nine months ended September 30, (Dollars in millions) 2018 2017 2018 2017 (unaudited) Capital Expenditures, Investments and Acquisitions SDG&E $ 343 $ 359 $ 1,194 $ 1,122 SoCalGas 344 351 1,127 1,033 Sempra Texas Utility — — 9,278 — Sempra South American Utilities 54 62 161 139 Sempra Mexico 152 38 320 265 Sempra Renewables 9 261 46 361 Sempra LNG & Midstream 65 16 202 53 Parent and other 5 4 408 17 Total $ 972 $ 1,091 $ 12,736 $ 2,990 SEMPRA ENERGY Table E OTHER OPERATING STATISTICS (Unaudited) Three months ended September 30, Nine months ended September 30, UTILITIES 2018 2017 2018 2017 SDG&E and SoCalGas Gas sales (Bcf) (1) 55 56 244 253 Transportation (Bcf) (1) 163 184 447 488 Total deliveries (Bcf) (1) 218 240 691 741 Total gas customer meters (thousands) 6,874 6,835 SDG&E Electric sales (millions of kWhs) (1) 4,493 4,443 11,493 11,772 Direct Access and Community Choice Aggregation (millions of kWhs) 1,009 957 2,680 2,530 Total deliveries (millions of kWhs) (1) 5,502 5,400 14,173 14,302 Total electric customer meters (thousands) 1,456 1,440 Oncor (2) Total deliveries (millions of kWhs) 38,163 — 77,476 — Total electric customer meters (thousands) 3,607 — Ecogas Natural gas sales (Bcf) 1 7 7 22 Natural gas customer meters (thousands) 121 120 Chilquinta Energía Electric sales (millions of kWhs) 701 699 2,209 2,201 Tolling (millions of kWhs) 75 26 218 70 Total deliveries (millions of kWhs) 776 725 2,427 2,271 Electric customer meters (thousands) 718 700 Luz Del Sur Electric sales (millions of kWhs) 1,641 1,647 5,099 5,321 Tolling (millions of kWhs) 595 478 1,736 1,384 Total deliveries (millions of kWhs) 2,236 2,125 6,835 6,705 Electric customer meters (thousands) 1,125 1,093 ENERGY-RELATED BUSINESSES Power generated and sold (millions of kWhs) Sempra Mexico (3) 1,450 1,327 3,846 3,032 Sempra Renewables (4) 1,189 894 3,763 3,100 (1) Includes intercompany sales. (2) Includes 100 percent of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an 80.25-percent interest through our March 2018 acquisition of our equity method investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings). Total deliveries for the nine months ended September 30, 2018 only include volumes from the March 9, 2018 acquisition date. (3) Includes power generated and sold at the TdM natural gas-fired power plant and the Ventika wind power generation facilities. Also includes 50 percent of total power generated and sold at the Energía Sierra Juárez wind power generation facility, in which Sempra Energy has a 50-percent ownership interest. Energía Sierra Juárez is not consolidated within Sempra Energy, and the related investment is accounted for under the equity method. (4) Includes 50 percent of total power generated and sold related to solar and wind projects in which Sempra Energy has a 50-percent ownership. These subsidiaries are not consolidated within Sempra Energy, and the related investments are accounted for under the equity method. On June 25, 2018, our board of directors approved a plan to sell all U.S. wind and solar assets and investments. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT Three months ended September 30, 2018 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 1,299 $ 802 $ — $ 375 $ 410 $ 38 $ 147 $ (131) $ 2,940 Cost of sales and other expenses (825) (656) — (277) (201) (24) (131) 98 (2,016) Depreciation and amortization (174) (141) — (14) (45) — (2) (4) (380) Impairment losses — — — — (4) — — — (4) Other income, net 24 3 — 1 66 — — 3 97 Income (loss) before interest and tax (1) 324 8 — 85 226 14 14 (34) 637 Net interest (expense) income (55) (29) — (4) (13) (3) 7 (113) (210) Income tax (expense) benefit (53) 7 — (23) (126) 2 (6) 32 (167) Equity earnings (losses), net — — 154 — (28) 12 — (64) 74 (Earnings) losses attributable to noncontrolling interests (11) — — (8) (15) 9 1 — (24) Preferred dividends — — — — — — — (36) (36) Earnings (losses) $ 205 $ (14) $ 154 $ 50 $ 44 $ 34 $ 16 $ (215) $ 274 Three months ended September 30, 2017 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 1,236 $ 684 $ — $ 376 $ 336 $ 26 $ 152 $ (131) $ 2,679 Cost of sales and other expenses (2) (773) (547) — (295) (152) (22) (154) 112 (1,831) Depreciation and amortization (170) (132) — (14) (41) (9) (10) (2) (378) Impairment losses (351) — — — (1) — — — (352) Other income, net (2) 20 13 — 2 3 — 1 1 40 (Loss) income before interest and tax (1)(3) (38) 18 — 69 145 (5) (11) (20) 158 Net interest (expense) income (53) (25) — (4) (14) (2) 5 (60) (153) Income tax benefit (expense) 72 14 — (18) (34) 9 2 39 84 Equity earnings, net (3) — — — 1 2 7 3 — 13 (Earnings) losses attributable to noncontrolling interests (9) — — (6) (33) 6 (3) — (45) (Losses) earnings $ (28) $ 7 $ — $ 42 $ 66 $ 15 $ (4) $ (41) $ 57 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) As adjusted for the retrospective adoption of ASU 2017-07. (3) As adjusted for a reclassification to conform to current year presentation. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT Nine months ended September 30, 2018 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 3,405 $ 2,700 $ — $ 1,190 $ 1,028 $ 103 $ 330 $ (290) $ 8,466 Cost of sales and other expenses (2,133) (1,934) — (915) (453) (68) (324) 221 (5,606) Depreciation and amortization (509) (414) — (43) (131) (27) (24) (10) (1,158) Impairment losses — — — — (4) — (1,300) — (1,304) Other income, net 77 49 — 4 64 — — 2 196 Income (loss) before interest and tax (1) 840 401 — 236 504 8 (1,318) (77) 594 Net interest (expense) income (158) (81) — (11) (42) (9) 18 (326) (609) Income tax (expense) benefit (151) (75) — (64) (226) 67 488 88 127 Equity earnings (losses), net — — 283 1 2 (170) 1 (67) 50 (Earnings) losses attributable to noncontrolling interests (10) — — (22) (77) 50 47 — (12) Preferred dividends — (1) — — — — — (89) (90) Earnings (losses) $ 521 $ 244 $ 283 $ 140 $ 161 $ (54) $ (764) $ (471) $ 60 Nine months ended September 30, 2017 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 3,351 $ 2,695 $ — $ 1,169 $ 873 $ 74 $ 406 $ (325) $ 8,243 Cost of sales and other expenses (2) (2,048) (1,914) — (915) (403) (57) (353) 275 (5,415) Depreciation and amortization (499) (384) — (40) (114) (28) (31) (10) (1,106) Impairment losses (351) — — — (72) — — — (423) Other income, net (2) 61 51 — 7 190 1 2 10 322 Income (loss) before interest and tax (1)(3) 514 448 — 221 474 (10) 24 (50) 1,621 Net interest (expense) income (151) (76) — (13) (61) (7) 14 (173) (467) Income tax (expense) benefit (72) (103) — (57) (278) 25 (17) 124 (378) Equity earnings (losses), net (3) — — — 2 (7) 25 6 — 26 (Earnings) losses attributable to noncontrolling interests (15) — — (19) (23) 16 (3) — (44) Preferred dividends — (1) — — — — — — (1) Earnings (losses) $ 276 $ 268 $ — $ 134 $ 105 $ 49 $ 24 $ (99) $ 757 (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be
Sempra Energy Units Sign Three Heads Of Agreements With Total S.A., Mitsui & Co., Tokyo Gas Co. For Energía Costa Azul Liquefaction Project
Sempra Energy Units Sign Three Heads Of Agreements With Total S.A., Mitsui & Co., Tokyo Gas Co. For Energía Costa Azul Liquefaction Project First LNG Export Project on Mexico's Pacific Coast Takes Significant Step Toward Full Subscription of Initial Phase SAN DIEGO, Nov. 7, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its subsidiaries Infraestructura Energetica Nova S.A.B. de C.V. (IEnova) (BMV: IENOVA) and Sempra LNG & Midstream have signed three Heads of Agreements (HOAs) with affiliates of Total S.A. (Total), Mitsui & Co., Ltd. (Mitsui) and Tokyo Gas Co., Ltd. (Tokyo Gas) for the full export capacity of Phase 1 of the Energia Costa Azul liquefied natural gas (ECA LNG) project located in Baja California, Mexico. ECA LNG Phase 1 is a single-train liquefaction facility to be located adjacent to the existing LNG receipt terminal and expected to produce approximately 2.4 million tonnes per annum (Mtpa) of LNG for export to global markets. "These three HOAs mark a significant milestone for the development of the ECA liquefaction export-project, supporting Sempra Energy's strategic vision of becoming North America's premier energy infrastructure company," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "We look forward to working with three world-class and well-respected LNG companies to develop a project that should provide low-cost, flexible operations and reliable LNG to the Pacific Basin market and to supply the Baja California peninsula market in Mexico," said Carlos Ruiz Sacristán, CEO of the Sempra North American Infrastructure group and executive chairman of IEnova. "We are pleased to work with Sempra Energy and IEnova to participate in the development of ECA LNG, which will benefit from synergies with existing infrastructure and from a significant shipping cost advantage for our customers in Asia," said Philippe Sauquet, president of gas, renewables and power for Total S.A. "We are pleased to work with Sempra Energy and IEnova for ECA LNG, which is another significant milestone to further strengthen the strategic partnership with Sempra LNG and IEnova in a broad range of business opportunities," said Hirotatsu Fujiwara, executive managing officer, chief operating officer of Energy Business Unit II, Mitsui & Co., Ltd. "Tokyo Gas looks forward to working with the Sempra Energy team to advance the ECA LNG project and to provide the benefits of North American LNG supplies to our customers," said Kentaro Kimoto, managing executive officer, chief executive of the Gas Resources & Energy Production Division of Tokyo Gas. The three HOAs for ECA LNG Phase 1 contemplate the parties negotiating and finalizing definitive 20-year LNG sales-and-purchase agreements. The three companies each will potentially purchase approximately 0.8 Mtpa of LNG from ECA LNG Phase 1. A final investment decision for ECA LNG is targeted in late 2019 with potential first LNG deliveries in 2023. In June, TechnipFMC and Kiewit were selected as the engineering, procurement, construction and commissioning (EPC) contractor for the ECA LNG project, subject to reaching a definitive agreement on the EPC contract. The ECA LNG receipt terminal was the first LNG receipt terminal constructed on North America's West Coast. Located about 15 miles north of Ensenada, Baja California, it began commercial operations in 2008 and is capable of processing up to 1 billion cubic feet of natural gas per day. In addition to the ECA LNG Phase 1 and 2 export projects, Sempra Energy is developing Port Arthur LNG export project in Texas and Cameron LNG Phase 1 and 2 export projects in Louisiana. Cameron LNG Phase 1 currently is under construction and Total and Mitsui are two of Sempra Energy's joint-venture partners in the project. Development of the ECA LNG Phase 1 and 2, Port Arthur LNG and Cameron LNG Phase 2 export projects are subject to a number of risks and uncertainties, including obtaining binding customer commitments, required regulatory approvals and permits, securing financing, completing the required commercial agreements and other factors, as well as reaching a final investment decision. The ultimate participation of Total, Mitsui and Tokyo Gas in the ECA LNG project remains subject to finalization of definitive agreements, among other factors. About Sempra Energy Sempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. About IEnova IEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2017, the company has invested more than US$7.6 billion in operating assets and projects under construction in Mexico, making it one of the largest private energy companies in the country. IEnova is the first energy infrastructure company to be listed on the Mexican Stock Exchange. About Total, S.A. With a portfolio of 15.6 million tons managed in 2017, Total is one of the world's leading players in the sector, with solid and diversified positions across the LNG value chain. Through its stakes in liquefaction plants located in Qatar, Nigeria, Russia, Norway, Oman, the United Arab Emirates, the United States, Australia, Angola and Yemen, the Group sells LNG in all global markets. Following the acquisition of Engie's LNG business, Total became the second-largest private global LNG player among the majors, with an overall LNG portfolio of around 40 Mtpa by 2020 and a worldwide market share of 10 percent. LNG development is a key element of the Group strategy, which is strengthening its upstream positions in the major production regions with projects in Russia, the Middle East, the U.S. and Australasia, as well as its downstream positions in all markets. About Mitsui & Co., Ltd. Mitsui & Co., Ltd. is one of the world's most diversified and comprehensive trading, investment and service enterprises. Headquartered in Tokyo, Mitsui maintains a global network of 138 offices in 66 countries and regions and has 472 subsidiaries and associated companies worldwide. (As of March 31, 2018) Visit www.mitsui.com to learn more. About Tokyo Gas Tokyo Gas Co., Ltd is Japan's largest provider of city gas, serving more than 11 million for gas customers, and 1.5 million for electricity customers primarily in the Tokyo metropolitan area and surrounding Kanto region. Tokyo Gas is committed to be a leader in this new era of energy liberalization through our Gas, Power, and Services mission on a Global level while continuing to promote a low-carbon society. Tokyo Gas received Japan's very first LNG cargo in 1969, and 2019 marks its 50th anniversary. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the U.S. Department of Energy, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency and Pipeline and Hazardous Materials Safety Administration, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners; the availability of natural gas and liquefied natural gas, and natural gas pipeline and storage capacity; equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases and harmful emissions, and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits) or may be disputed by insurers; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; changes in foreign and domestic trade policies and laws, including border tariffs, revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra Energy's website at www.sempra.com . Investors should not rely unduly on any forward-looking statements. These forward looking statements speak only as of the date hereof and Sempra Energy or its subsidiaries undertake no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. CONTACT: Media Contact: Paty Ortega Mitchell, Sempra LNG & Midstream, +1- 877-855-7887, +1- 619-696-2525, press@sempraglobal.com; Financial Contact: Patrick Billings, Sempra Energy, +1-877-736-7727, investor@sempra.com
Sempra Energy Units Sign Three Heads Of Agreements With Total S.A., Mitsui & Co., Tokyo Gas Co. For Energía Costa Azul Liquefaction Project
SAN DIEGO, Nov. 7, 2018 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its subsidiaries Infraestructura Energetica Nova S.A.B. de C.V. (IEnova) (BMV: IENOVA) and Sempra LNG & Midstream have signed three Heads of Agreements (HOAs) with affiliates of Total S.A. (Total), Mitsui & Co., Ltd. (Mitsui) and Tokyo Gas Co., Ltd. (Tokyo Gas) for the full export capacity of Phase 1 of the Energia Costa Azul liquefied natural gas (ECA LNG) project located in Baja California, Mexico. ECA LNG Phase 1 is a single-train liquefaction facility to be located adjacent to the existing LNG receipt terminal and expected to produce approximately 2.4 million tonnes per annum (Mtpa) of LNG for export to global markets. "These three HOAs mark a significant milestone for the development of the ECA liquefaction export-project, supporting Sempra Energy's strategic vision of becoming North America's premier energy infrastructure company," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "We look forward to working with three world-class and well-respected LNG companies to develop a project that should provide low-cost, flexible operations and reliable LNG to the Pacific Basin market and to supply the Baja California peninsula market in Mexico," said Carlos Ruiz Sacristán, CEO of the Sempra North American Infrastructure group and executive chairman of IEnova. "We are pleased to work with Sempra Energy and IEnova to participate in the development of ECA LNG, which will benefit from synergies with existing infrastructure and from a significant shipping cost advantage for our customers in Asia," said Philippe Sauquet, president of gas, renewables and power for Total S.A. "We are pleased to work with Sempra Energy and IEnova for ECA LNG, which is another significant milestone to further strengthen the strategic partnership with Sempra LNG and IEnova in a broad range of business opportunities," said Hirotatsu Fujiwara, executive managing officer, chief operating officer of Energy Business Unit II, Mitsui & Co., Ltd. "Tokyo Gas looks forward to working with the Sempra Energy team to advance the ECA LNG project and to provide the benefits of North American LNG supplies to our customers," said Kentaro Kimoto, managing executive officer, chief executive of the Gas Resources & Energy Production Division of Tokyo Gas. The three HOAs for ECA LNG Phase 1 contemplate the parties negotiating and finalizing definitive 20-year LNG sales-and-purchase agreements. The three companies each will potentially purchase approximately 0.8 Mtpa of LNG from ECA LNG Phase 1. A final investment decision for ECA LNG is targeted in late 2019 with potential first LNG deliveries in 2023. In June, TechnipFMC and Kiewit were selected as the engineering, procurement, construction and commissioning (EPC) contractor for the ECA LNG project, subject to reaching a definitive agreement on the EPC contract. The ECA LNG receipt terminal was the first LNG receipt terminal constructed on North America's West Coast. Located about 15 miles north of Ensenada, Baja California, it began commercial operations in 2008 and is capable of processing up to 1 billion cubic feet of natural gas per day. In addition to the ECA LNG Phase 1 and 2 export projects, Sempra Energy is developing Port Arthur LNG export project in Texas and Cameron LNG Phase 1 and 2 export projects in Louisiana. Cameron LNG Phase 1 currently is under construction and Total and Mitsui are two of Sempra Energy's joint-venture partners in the project. Development of the ECA LNG Phase 1 and 2, Port Arthur LNG and Cameron LNG Phase 2 export projects are subject to a number of risks and uncertainties, including obtaining binding customer commitments, required regulatory approvals and permits, securing financing, completing the required commercial agreements and other factors, as well as reaching a final investment decision. The ultimate participation of Total, Mitsui and Tokyo Gas in the ECA LNG project remains subject to finalization of definitive agreements, among other factors. About Sempra EnergySempra Energy, a San Diego-based energy services holding company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. About IEnovaIEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2017, the company has invested more than US$7.6 billion in operating assets and projects under construction in Mexico, making it one of the largest private energy companies in the country. IEnova is the first energy infrastructure company to be listed on the Mexican Stock Exchange. About Total, S.A.With a portfolio of 15.6 million tons managed in 2017, Total is one of the world's leading players in the sector, with solid and diversified positions across the LNG value chain. Through its stakes in liquefaction plants located in Qatar, Nigeria, Russia, Norway, Oman, the United Arab Emirates, the United States, Australia, Angola and Yemen, the Group sells LNG in all global markets. Following the acquisition of Engie's LNG business, Total became the second-largest private global LNG player among the majors, with an overall LNG portfolio of around 40 Mtpa by 2020 and a worldwide market share of 10 percent. LNG development is a key element of the Group strategy, which is strengthening its upstream positions in the major production regions with projects in Russia, the Middle East, the U.S. and Australasia, as well as its downstream positions in all markets. About Mitsui & Co., Ltd.Mitsui & Co., Ltd. is one of the world's most diversified and comprehensive trading, investment and service enterprises. Headquartered in Tokyo, Mitsui maintains a global network of 138 offices in 66 countries and regions and has 472 subsidiaries and associated companies worldwide. (As of March 31, 2018) Visit www.mitsui.com to learn more. About Tokyo GasTokyo Gas Co., Ltd is Japan's largest provider of city gas, serving more than 11 million for gas customers, and 1.5 million for electricity customers primarily in the Tokyo metropolitan area and surrounding Kanto region. Tokyo Gas is committed to be a leader in this new era of energy liberalization through our Gas, Power, and Services mission on a Global level while continuing to promote a low-carbon society. Tokyo Gas received Japan's very first LNG cargo in 1969, and 2019 marks its 50th anniversary. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the U.S. Department of Energy, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency and Pipeline and Hazardous Materials Safety Administration, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners; the availability of natural gas and liquefied natural gas, and natural gas pipeline and storage capacity; equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases and harmful emissions, and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits) or may be disputed by insurers; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; changes in foreign and domestic trade policies and laws, including border tariffs, revisions to international trade agreements, such as the North American Free Trade Agreement, that make us less competitive or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov , and on Sempra Energy's website at www.sempra.com . Investors should not rely unduly on any forward-looking statements. These forward looking statements speak only as of the date hereof and Sempra Energy or its subsidiaries undertake no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

Pagination

  • « First First page
  • ‹‹ Previous page
  • …
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • …
  • ›› Next page
  • Last » Last page

Quick search

Press release

Oncor

Capital plan

Earnings

Texas

California

Reliability

Safety

Annual Report

Corporate Sustainability Report

Sempra
  • Our business
    • Overview
    • Mission & values
    • Recognition & awards
    • Reliability & resilience
    • Sustainability
      • Sustainable financing
      • Sustainability resource library
  • Who we serve
    • Overview
    • Texas
    • California
    • Community giving
  • Our team
    • Overview
    • Board of directors
    • Leadership team
    • Meet our CEO
  • Investors
    • Overview
    • Investor news
    • Financials & filings
    • Corporate governance
      • Code of conduct
      • Political engagement & contributions
      • W9 tax forms
    • Stock information
    • Investor resources
  • Careers
    • Overview
    • Open positions
    • Benefits
  • Newsroom
    • Overview
    • Media contacts
    • Press releases
    • Spotlight articles
    • Email Alerts
SRE: ()

Quick search

Press release

Oncor

Capital plan

Earnings

Texas

California

Reliability

Safety

Annual Report

Corporate Sustainability Report

Utilities

Pagination

  • Previous page ‹‹
  • Page 62
Subscribe to Utilities
Sempra
  • Our business
  • Who we serve
  • Our team
  • Investors
  • Careers
  • Newsroom
  • Contact
  • Our business
  • Who we serve
  • Our team
  • Investors
  • Careers
  • Newsroom
  • Contact
  • Instagram instagram logo image
  • Twitter Twitter logo image
  • Linkedin Linkedin logo image
  • Youtube youtube logo image
© 2026 Sempra. All rights reserved.
  • Privacy
  • Terms and conditions
  • Forward-looking statements
  • Sitemap

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

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