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SoCalGas's Operations Identified as Critical Infrastructure Under State Executive Order

LOS ANGELES, March 20, 2020 /PRNewswire/ -- In response to inquiries from customers and the media, SoCalGas Chief Operating Officer Jimmie Cho today issued the following statement about the reliability of natural gas service in Southern California: "Over the last several days we've seen families and businesses across California come together like never before to reorganize our lives and work in support of local, state and federal efforts to curb the spread of coronavirus. "We want you to know that the natural gas you count on to cook for your family, heat your home, warm your water or run your business will continue to be there when you need it. "As a critical part of California's energy system we are prepared for events like this. Natural gas is safely and reliably being delivered to our 22 million customers across southern and central California, just as it does on a typical day. There is no shortage of supply of natural gas for homes or businesses or to power plants that generate electricity. "We are also in constant contact with state and local authorities and they have done a tremendous job coordinating with energy providers across California. We want to commend Governor Newsom, Mayor Garcetti, and every one of our state, county and local leaders for taking the precautions needed for California to get ahead of this. "Your safety and the safety of our teams are of the utmost importance. If there is an emergency at your home or business our crews will continue to respond. Our crews will be wearing protective gear for everyone's safety, and consistent with CDC guidelines. "We are also working to make things a little easier for our customers. During this period, no customer will have their natural gas turned off due to non-payment. As always, SoCalGas will not charge any late fees to residential customers, or for small businesses. We are also committed to helping customers experiencing hardships, including from the coronavirus. If in need of assistance, we encourage customers to call us at 1-800-427-2200. "We know that millions of you are working or doing schoolwork from home due to coronavirus precautions. To help keep you up to date, SoCalGas has a new website full of helpful resources including tips on staying safe and keeping utility bills low while still keeping comfortable at home. "On behalf of everyone at SoCalGas, it is our honor to serve Southern and Central California every day, but especially at a time like this. Be safe and know we are here to continue supporting you." SOURCE Southern California Gas Company

COVID-19 Readiness: SoCalGas Shares Ways to Stay Safe and Save Money on Energy Bills While Spending More Time at Home

LOS ANGELES, March 17, 2020 /PRNewswire/ -- With thousands of its customers working or doing schoolwork from home due to Coronavirus precautions, Southern California Gas Co. (SoCalGas) today offered tips for staying safe and keeping utility bills low while still keeping comfortably warm during this late-winter cold snap. SoCalGas offers customers the following tips to regulate their natural gas usage and keep energy costs low during this time: Home Heating: Remember that lowering your furnace thermostat by three to five degrees, health permitting, can save up to 10 percent on heating costs. Set your thermostat to 68 degrees or lower and dress in layers. If you do go out, take the opportunity to set your thermostat even lower. Keep blinds open to let in natural light which can serve as a supplement to your home heating system. For safety and efficiency keep all heating vents and furnace registers free of dirt lint and obstructions. Laundry: Launder items as appropriate in accordance with the manufacturer's instructions. If possible, launder items using the warmest appropriate water setting for the items and dry items completely, per Centers for Disease Control and Prevention recommendation. Dry full loads, but don't overload or over dry. Separate lightweight and heavy clothes for more energy-efficient drying. Dry two or more loads in a row to take advantage of the heat still in the dryer. Water Heating: Turn down the temperature on your water heater. Take shorter showers to reduce your natural gas use. Cooking: Don't open the oven door while food is cooking. You can lose up to 50 degrees in temperature and waste energy. Cover pots when cooking and cook by time and temperature guides. Cook several meals at the same time. Never use the natural gas range for room heating. It is not designed for this purpose and can create a hazardous situation. Staying Safe The health, safety and wellness of its customers and employees is foundational to SoCalGas, and staying safe is more important than ever during the Coronavirus pandemic. SoCalGas technicians remain available to respond promptly to customers if they smell natural gas or think they might have a leak. As always, customers should call 800-427-2200 in the event they suspect a gas leak. SoCalGas customer service representatives will be asking customers a few health-based questions before SoCalGas technicians enter the home. Technicians will take precautionary measures such as wearing eye protection and gloves in homes to protect our employees and limit any potential spread of the virus. More energy saving and safety tips can be found at socalgas.com as well as additional information about SoCalGas' response to COVID-19. Customers can call 800-427-2200 for any questions related to their natural gas bills. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable 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. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. 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 To Webcast Investor Day March 24

SAN DIEGO, March 17, 2020 /PRNewswire/ -- Sempra Energy's (NYSE: SRE) senior management team will provide an update on the company's business strategy and financial goals on an Investor Day conference call at 4 p.m. ET, March 24. Investors, analysts, media and the public may listen to a live webcast of the conference call on the company's website, sempra.com, by clicking on the appropriate audio link. Shortly after the conference call begins, the presentation slides will be posted to the investor section of Sempra Energy's website. The webcast will also be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 2790737, or it can be accessed on the company's website. About Sempra Energy Sempra Energy's mission is to be North America's premier energy infrastructure company. With more than $65 billion in total assets reported in 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees deliver energy with purpose to over 40 million consumers worldwide. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and sustainability, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. [SRE-F] SOURCE Sempra Energy

SoCalGas to Install New Pipeline on Anita Street between Pacific Coast Highway and Prospect Avenue in Redondo Beach

WHAT: SoCalGas will begin a pipeline replacement project on Anita Street between Pacific Coast Highway and Prospect Avenue in Redondo Beach. Work will begin on March 16 and is expected to end in June 2020. To perform this project safely, lanes will be closed in the westbound direction along Anita Street from 9 a.m. to 3 p.m., Monday through Friday. Traffic control cones, message boards and flagmen will help direct the flow of traffic. Residents, local businesses, and commuters may hear work-related noise and see excavation equipment and vehicles during construction hours. 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: Anita Street between Pacific Coast Highway and Prospect Avenue in the city of Redondo Beach, as shown in this link. WHEN: Lanes will be reduced from 9 a.m. to 3 p.m., Monday through Friday, subject to change. Work will begin March 16, 2020 and end in June 2020, weather and other conditions permitting. 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.

SDG&E Suspends Service Disconnections For Nonpayment As Part Of Its Coronavirus Response

SAN DIEGO, March 13, 2020 /PRNewswire/ -- With the coronavirus pandemic causing significant impact on the economy and people's livelihoods, San Diego Gas & Electric (SDG&E) announced today that it will temporarily suspend service disconnections. The disconnection moratorium will remain in place until further notice. The company is urging customers who are struggling to pay their utility bill due to financial hardships stemming from the coronavirus to call its Customer Contact Center at 1-800-411-7343 to make payment arrangements. "With our entire region already experiencing many disruptions due to the coronavirus, the last thing we want our customers to worry about is whether they can afford to keep their lights on," said Scott Crider, SDG&E's vice president of customer services. SDG&E will also waive late payment fees for business customers whose finances have been hit hard by the coronavirus. The company does not charge residential customers a late payment fee. SDG&E's response to the pandemic also includes adopting a number of precautionary measures to protect the health and well-being of its customers, employees, and the communities it serves. Health and Safety Precautions SDG&E is following hygiene protocols recommended by the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO). The protective and preventative measures SDG&E is undertaking to reduce the risk of infection include the following: Providing additional hand sanitizers throughout its facilities, including branch offices/payment locations Cleaning facilities more frequently with hospital-grade disinfectants Limiting access to critical operational facilities Implementing additional hygiene measures while performing work in customer homes and businesses, including social distancing and the use of personal protective equipment To ensure operational stability, SDG&E has also implemented employee travel restrictions and protocols to limit in-person, onsite group meetings. Scam Alert During times of uncertainty, scams targeting utility customers increase. For this reason, we urge SDG&E customers to call the company's Customer Contact Center at 1-800-411-7343, if they are suspicious about any coronavirus-related emails or calls they receive from people claiming to be with the company. For Updates As the coronavirus pandemic is rapidly evolving, we may have to modify customer access to non-critical programs or services. Please check sdge.com for ongoing updates. 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 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). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@ SDGE ), Instagram (@ SDGE ) and Facebook . SOURCE San Diego Gas & Electric

SoCalGas Announces Suspension of Service Disconnections as Part of Company's COVID-19 Response

LOS ANGELES, March 13, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced a suspension of service disconnections to any customers who are having a hard time paying their bill. This policy will remain in effect until further notice. Customers are encouraged to call 1-877-238-0092 to speak with a representative about their bill. SoCalGas customer service is available 24-hours a day, 7 days a week. "We understand that our customers may be worried about paying their upcoming natural gas bill at this time," said Paul Goldstein, vice president of customer services at SoCalGas. "We want to help ease their concerns and continue to provide the reliable natural gas service they depend on to heat their homes and hot water and cook their food." The health, safety and wellness of our employees and the customers we serve is foundational to our company. SoCalGas continues to closely monitor the COVID-19 situation with local, state and federal health agencies, as well as monitoring and implementing guidance from the Centers for Disease Control and Prevention. In addition to the temporary suspension of service disconnections, SoCalGas is taking precautionary measures including: Asking customers a series a of health-based questions before entering the home Instructing employees to keep a safe distance from anyone self-quarantined or sick Reminding employees to stay home if they are sick and encouraging work from home and other social distancing practices. Implementing company travel, visitor, meeting and event restrictions Enhanced cleaning of SoCalGas facilities and personal hygiene practices Providing SoCalGas branch offices with hand sanitizer for customer use For customers who do not feel comfortable visiting SoCalGas Branch Payment Offices, we offer other payment options Additional information about SoCalGas' response to COVID-19 is available here. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable 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. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. 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

Minority- and Women-owned Businesses, Other Diverse Companies Get 42 Percent of SoCalGas Spending in 2019

LOS ANGELES, March 11, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced that the company achieved another record year of spending with over 550 diverse business enterprises in 2019 - at $726 million, the highest in company history. SoCalGas exceeded the California Public Utilities Commission's (CPUC) goal to contract goods and services from women, minority, service-disabled veteran, and LGBT-owned businesses for the 27th consecutive year. Nearly 42 percent of the utility's contract spending went to women, minority, service-disabled veteran and LGBT-owned firms, nearly double the CPUC's goal of 21.5 percent. "We are proud that SoCalGas has achieved yet another record year of spending with our diverse business enterprises and with over 91 percent of these suppliers being in California," said Denita Willoughby, vice president of supply management & support services at SoCalGas. "SoCalGas continues to invest in these businesses as we work toward a clean energy future. These diverse firms will play a key role in helping SoCalGas innovate and develop our 21 st century energy system." In addition to spending with diverse enterprises, SoCalGas also invests in the development of these firms. Development opportunities include business assessment programs, entrepreneurship courses, organizational and operation strategy programs, mentorship and technical assistance. The programs are designed to help diverse suppliers enhance their operations and help ensure success in their business partnerships. "SoCalGas has been a true champion in our development," said Albert Tene, co-owner of Access General Contracting, a SoCalGas diverse supplier. Tene attended the Smaller Contractor Opportunity Realization Effort (SCORE) boot camps and the UCLA Management Development for Entrepreneurs program sponsored by SoCalGas. "Attending those programs was very useful and led to the expansion of our federal construction and industrial divisions." Access General Contracting is a Hispanic-owned general engineering firm in Westminster, CA. The firm has over 30 years of experience working in the public, private and federal sectors. The firm specializes in construction for commercial and industrial properties. Access General Contracting has installed protective materials and the like around natural gas facilities and meters at commercial buildings. In 2019, SoCalGas purchases with women-owned businesses were surpassed for the 31 st consecutive year, totaling nearly $219 million. The company also marked spend with 58 new diverse contractors as well as $59 million in spend with disabled-veteran business enterprises. Other 2019 highlights include: $447 million spent with minority-owned firms 552 diverse suppliers working with SoCalGas 42% total purchases with diverse suppliers 14 firms among the top 25 SoCalGas suppliers are diverse firms In 2020, SoCalGas plans to continue its best practices in supplier diversity while anticipating new developments in the energy industry and identifying opportunities for diverse suppliers in new clean energy solutions as the company looks toward its part in a 21 st century energy system. SoCalGas's vision is to be the cleanest gas utility in North America, and it has committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas by 2030. Diverse suppliers will play a key role in moving the company forward as SoCalGas works to help California meet its ambitious climate goals. To apply to the SoCalGas Supplier Diversity Program please visit socalgas.com/for-your-business/supplier-diversity. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable 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. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. 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 Subsidiary Port Arthur LNG And Bechtel Sign EPC Agreement

SAN DIEGO, March 3, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) and Bechtel today announced that their respective subsidiaries, Port Arthur LNG, LLC and Bechtel Oil, Gas, and Chemicals, Inc., have signed a fixed-price engineering, procurement and construction (EPC) contract for the Port Arthur LNG liquefaction project under development in Port Arthur, Texas. "Building new export infrastructure in the U.S. is critical to providing overseas markets with cleaner fuel alternatives," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "Partnering with a world-class construction firm like Bechtel bolsters our execution plan for one of the world's largest LNG development projects." Bechtel's Chairman and CEO Brendan Bechtel said, "We are honored and grateful that Sempra has chosen Bechtel as their trusted partner to help grow Sempra's LNG business on the Gulf Coast. Together, we will deliver an important, clean and sustainable energy source to the world while creating jobs and building economic opportunities for the Gulf Coast community." As part of the EPC contract, Bechtel Oil, Gas, and Chemicals, Inc. will perform the detailed engineering, procurement, construction, commissioning, startup, performance testing and operator training activities for the project. The scope of the agreement also includes continuing pre-final investment decision engineering to better assure project cost and schedule certainty. The Port Arthur LNG development project is expected to initially include two liquefaction trains, two liquefied natural gas (LNG) storage tanks, a marine berth and associated loading facilities and related infrastructure necessary to provide liquefaction services, with a nameplate capacity of approximately 13.5 million tonnes per annum (Mtpa) of LNG. The project site sits on nearly 3,000 acres of land along three miles of the Sabine- Neches waterway and has the potential to become one of the largest LNG export projects in North America, with expansion capabilities of up to eight liquefaction trains and approximately 45 Mtpa of capacity. "Port Arthur LNG plays an important role in Sempra's goal of becoming one of North America's largest developers of liquefaction-export infrastructure projects and we look forward to continuing to move the project forward," added Martin. In January, Sempra LNG signed an Interim Project Participation Agreement (IPPA) with Aramco Services Company, a subsidiary of Saudi Aramco, for the proposed Port Arthur LNG project. The IPPA represents another milestone for both companies after signing a heads of agreement in May 2019 for the potential purchase of 5 Mtpa of LNG and a 25% equity investment in the project. In December 2018, Port Arthur LNG entered into an agreement with Polish Oil and Gas Company for the sale and purchase of 2 Mtpa of LNG per year. The Port Arthur LNG development project received authorization from the U.S. Department of Energy to export domestically produced LNG to countries that do not have a free trade agreement with the U.S. in May 2019. Additionally, the Federal Energy Regulatory Commission issued the approval to site, construct and operate the liquefaction-export facility in April 2019. It is estimated that the proposed project will create a craft workforce on site that peaks at about 5,000 construction jobs, as well as several hundred additional Texas jobs in support of the project, including material fabrication. Nearly 200 long-term jobs will be created to operate and maintain the Port Arthur LNG facility. Development of the Port Arthur LNG project is contingent upon obtaining additional customer commitments, completing the required commercial agreements, securing all necessary permits, obtaining financing, incentives and other factors, and reaching a final investment decision. About Sempra Energy Sempra Energy's mission is to be North America's premier energy infrastructure company. With more than $65 billion in total assets reported in 2019, the San Diego based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees deliver energy with purpose to over 40 million consumers worldwide. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and sustainability, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. About Bechtel Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of its people and a relentless drive to deliver the most successful outcomes, Bechtel aligns its capabilities to customers' objectives to create a lasting positive impact. Since 1898, Bechtel has helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. Bechtel serves the Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals markets. The company's services span from initial planning and investment, through start-up and operations. www.bechtel.com Sempra Energy Forward-Looking Information We make statements in this press release that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees of performance. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. 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: decisions, investigations, regulations, issuances of permits and other authorizations, and other actions by the U.S. Department of Energy, regulatory and governmental bodies and jurisdictions in the U.S. and other countries in which we operate; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision and completing construction projects on schedule and budget; (ii) obtaining the consent of partners; (iii) counterparties' financial or other ability to fulfill contractual commitments; (iv) the ability to complete contemplated acquisitions and/or divestitures; and (v) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation, regulatory investigations and proceedings and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to 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 impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to 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; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in trade policies, laws and regulations, including 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 impact of changes to federal and state tax laws and our ability to mitigate adverse impacts; and other uncertainties, some of which may be difficult to predict and are beyond our control. Investors should not rely unduly on any forward-looking statements. 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, and on the company's website at www.sempra.com. Sempra LNG and Port Arthur LNG, LLC are not the same as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, or Oncor Electric Delivery Company LLC and are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

Train 2 Of Cameron LNG Liquefaction Project Begins Commercial Operations

SAN DIEGO, March 2, 2020 /PRNewswire/ -- Sempra LNG, a subsidiary of Sempra Energy (NYSE: SRE), today announced that Cameron LNG's second train of the liquefaction-export infrastructure project in Hackberry, La., has begun commercial operations under Cameron LNG's tolling agreements. "We are excited that our first liquefaction project is nearing completion and we couldn't be more pleased that Cameron LNG is already contributing to position the U.S. as one of the top LNG-producing countries in the world," said Lisa Glatch, chief operating officer of Sempra LNG and board chair for Cameron LNG. "We are looking forward to achieving commercial operations of the third and final train of Phase 1 while maintaining the same remarkable safety record the project has achieved thus far." Train 3 remains on track to start initial liquefied natural gas (LNG) production in the second quarter of 2020 and to commence commercial operations in the third quarter of 2020. The facility's first liquefaction train started commercial operations in August 2019. Phase 1 of the Cameron LNG export project includes the first three liquefaction trains that will enable the export of approximately 12 million tonnes per annum (Mtpa) of LNG, or approximately 1.7 billion cubic feet per day. Sempra Energy's share of full-year run-rate earnings from the Phase 1 project are anticipated to be between $400 million and $450 million annually starting in 2021 when all three trains achieve commercial operations under Cameron LNG's tolling agreements. Cameron LNG is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd., and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK). Sempra Energy indirectly owns 50.2% of Cameron LNG. Sempra Energy is also developing four other LNG export projects in North America, including Cameron LNG Phase 2, which could include up to two additional liquefaction trains and up to two additional LNG storage tanks; Port Arthur LNG in Texas; and Energía Costa Azul LNG Phase 1 and Phase 2 in Mexico. The successful development and ultimate construction of Sempra Energy's LNG export projects are subject to a number of risks and uncertainties and there can be no assurance that any of these projects will be completed. Sempra LNG develops and builds natural gas liquefaction facilities and is pursuing the development of five strategically located LNG projects in North America with a goal of delivering up to 45 Mtpa of clean natural gas to the largest world markets, which would make Sempra Energy one of North America's largest developers of LNG-export infrastructure facilities. Sempra Energy's mission is to be North America's premier energy infrastructure company. With more than $65 billion in total assets reported in 2019, the San Diego based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees deliver energy with purpose to over 40 million consumers worldwide. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and sustainability, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. We make statements in this press release that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees of performance. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. 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: decisions, investigations, regulations, issuances of permits and other authorizations, and other actions by the U.S. Department of Energy, regulatory and governmental bodies and jurisdictions in the U.S. and other countries in which we operate; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision and completing construction projects on schedule and budget; (ii) obtaining the consent of partners; (iii) counterparties' financial or other ability to fulfill contractual commitments; (iv) the ability to complete contemplated acquisitions and/or divestitures; and (v) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation, regulatory investigations and proceedings and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to 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 impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to 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; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in trade policies, laws and regulations, including 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 impact of changes to federal and state tax laws and our ability to mitigate adverse impacts; 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, and on the company's website at www.sempra.com . Sempra LNG and Port Arthur LNG, LLC are not the same as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, or Oncor Electric Delivery Company LLC and are not regulated by the California Public Utilities Commission. SOURCE Sempra LNG

Sempra Energy Reports Strong 2019 Financial And Operating Results

SAN DIEGO, Feb. 27, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported full-year 2019 earnings of $2.1 billion, or $7.29 per diluted share, up from $924 million, or $3.42 per diluted share, in 2018. On an adjusted basis, the company's full-year 2019 earnings were $1.9 billion, or $6.78 per diluted share, compared to $1.5 billion, or $5.57 per diluted share, in 2018. "This year has been one of the strongest in our company's history," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "Our earnings results are a direct reflection of our sharper strategic focus and ongoing execution of our mission to be North America's premier energy infrastructure company. Supported by our high-performance culture, our dedicated employees will carry this momentum into 2020 as we continue to focus on our vision of delivering energy with purpose by connecting millions of consumers to safe, resilient and affordable energy." In the fourth quarter 2019, Sempra Energy reported earnings of $447 million, or $1.55 per diluted share, compared with earnings of $864 million, or $3.03 per diluted share, in the fourth quarter 2018. On an adjusted basis, fourth quarter 2018 earnings were $431 million, or $1.56 per diluted share. These financial results reflect certain significant items, as described on an after-tax basis in the following table of GAAP earnings, reconciled to adjusted earnings, for the fourth quarter and full-year 2019 and 2018. Three months ended Years ended December 31, December 31, (Dollars, except EPS, and shares, in millions) 2019 2018 (1) 2019 2018 (1) (Unaudited) GAAP Earnings $ 447 $ 864 $ 2,055 $ 924 Tax Impacts from Expected Sale of South American Businesses - - (99) - Gain on Sale of Certain Sempra Renewables Assets - (367) (45) (367) (Adjustment)/Impairment of U.S. Non-utility Natural Gas Storage Assets - (126) - 629 Impairment of U.S. Wind Equity Method Investments - - - 145 Impact from the Tax Cuts and Jobs Act of 2017 - 60 - 85 Impairment of Investment in RBS Sempra Commodities - - - 65 Impacts Associated with Aliso Canyon Litigation - - - 22 Adjusted Earnings (2) $ 447 $ 431 $ 1,911 $ 1,503 Diluted Weighted-Average Common Shares Outstanding 289 296 282 270 GAAP Earnings Per Diluted Common Share $ 1.55 $ 3.03 (3) $ 7.29 $ 3.42 Adjusted Diluted Weighted-Average Common Shares Outstanding (2) 289 276 (3) 282 270 Adjusted Earnings Per Diluted Common Share (2) $ 1.55 $ 1.56 $ 6.78 $ 5.57 1) Amounts have been retrospectively adjusted for discontinued operations. 2) Sempra Energy Adjusted Earnings, Adjusted EPS and Adjusted Diluted Weighted-Average Common Shares Outstanding are non-GAAP financial measures. See Table A for information regarding non-GAAP financial measures and descriptions of the adjustments above. 3) Due to the dilutive effect of the mandatory convertible preferred stock for GAAP earnings, the numerator used to calculate GAAP EPS includes an add-back of $36 million of mandatory preferred stock dividends declared in the quarter. However, because the assumed conversion is antidilutive for the lower Adjusted Earnings, ~20 million preferred stock shares are not included in the denominator used to calculate Adjusted EPS for the quarter. Earlier this week, Sempra Energy's board of directors approved an 8% increase to the company's dividend, to $4.18 per common share from $3.87 per common share, on an annualized basis. On average, Sempra Energy has increased its dividend by more than 10% annually for the last decade. OPERATING HIGHLIGHTS The company made progress on its strategy to focus on transmission and distribution infrastructure in the most attractive markets in North America. In January, the California Public Utilities Commission issued a final decision approving an extension of the General Rate Case (GRC) cycle to four years on a go-forward basis. This change applies to San Diego Gas & Electric's (SDG&E) and Southern California Gas Co.'s recently approved GRC. As a transitional step, both utilities' GRC cycle will be extended to five years, covering the years 2019 through 2023. Extending the GRC cycle is a constructive development that is expected to benefit all stakeholders by delivering future visibility to the utilities' robust capital programs to enhance safety and resilience. Earlier this month, SDG&E filed its comprehensive 2020 Wildfire Mitigation Plan, a strategic three-year program. This program is a continuation of SDG&E's efforts over the last decade to help mitigate infrastructure-related wildfires and to help increase the safety of its customers, workforce and the communities it serves. The 2020 Wildfire Mitigation Plan includes initiatives announced in October under SDG&E's Fire Safe 3.0 program, an innovative portfolio of continuous improvement initiatives to increase wildfire safety. The Fire Safe 3.0 program involves partnering with academic, government and public safety professionals to implement artificial intelligence, satellite wildfire alerts and a new Vegetation Risk index, among other strategies. To meet the growing needs of its customers in Texas, Oncor Electric Delivery Co. LLC (Oncor) recently announced a new five-year capital plan of approximately $11.9 billion. The increase will help to support population growth in West Texas and the Dallas-Fort Worth area, as well as to strengthen and expand the grid in Oncor's service territory. Additionally, Sempra Energy took a positive step in growing its presence in Texas through the announcement of a new " Center of Excellence" in Houston. The office, which is expected to open later this year, will serve as a regional headquarters as Sempra Energy advances its high-growth business strategy in Texas. Sempra Energy continues to be focused on its goal of developing liquefied natural gas (LNG) infrastructure that can deliver up to 45 million tonnes per annum (Mtpa) of LNG to the largest world markets, which would make Sempra Energy one of North America's largest developers of LNG-export infrastructure projects. Train 2 of the Cameron LNG liquefaction-export infrastructure project recently achieved substantial completion and is expected to commence commercial operations under Cameron LNG's tolling agreements in the coming days. The facility began producing LNG from Train 2 in December 2019. Train 1 began commercial operations in August 2019 and Train 3 remains on schedule and is expected to start commercial operations in the third quarter of 2020. Sempra Energy's share of full-year run-rate earnings from the first three trains at Cameron LNG are projected to be between $400 million and $450 million annually after all three trains achieve commercial operations under Cameron LNG's tolling agreements. The potential Port Arthur LNG liquefaction-export infrastructure project under development in Jefferson County, Texas, continues to advance with a final investment decision targeted for third quarter 2020. In January, Sempra LNG signed an Interim Project Participation Agreement (IPPA) with Aramco Services Company, a subsidiary of Saudi Aramco, for the proposed Port Arthur LNG project. The IPPA represents another milestone for both companies after having signed a heads of agreement in May 2019 for the potential purchase of 5 Mtpa of LNG and a 25% equity investment in the project. In December 2018, Port Arthur LNG entered into an agreement with Polish Oil & Gas Company for the sale and purchase of 2 Mtpa of LNG per year. A final investment decision for the Energía Costa Azul (ECA) LNG liquefaction-export infrastructure project, under development in Baja California, Mexico, is expected later this quarter. TechnipFMC has been selected as the engineering, procurement and construction (EPC) contractor for the proposed project. ECA LNG expects to sign a lump-sum, turn-key EPC contract for Phase 1 of the project in the coming days. In 2019, Sempra Energy announced two agreements that would conclude the company's planned sale of its South American businesses for combined expected after-tax proceeds of approximately $4.55 to $4.85 billion in cash, subject to adjustments and satisfaction of closing conditions. Both transactions, one to sell Sempra Energy's equity interests in its Peruvian businesses and the other to sell its equity interests in its Chilean businesses, continue to advance and are expected to be completed in the next four to eight weeks. EARNINGS GUIDANCE Sempra Energy's full-year 2020 GAAP EPS guidance range is $12.78 to $14.26 and includes the estimated gain on the sale of the company's South American businesses. Today, the company affirmed its full-year 2020 adjusted EPS guidance range of $6.70 to $7.50. Sempra Energy also issued its full-year 2021 EPS guidance range of $7.50 to $8.10. NON-GAAP FINANCIAL MEASURES Non-GAAP financial measures include Sempra Energy's adjusted earnings and adjusted EPS for the fourth quarter of 2018 and full-year 2019 and 2018, adjusted diluted weighted-average common shares outstanding for the fourth quarter of 2018, and 2020 adjusted EPS guidance range. See Table A for additional information regarding these non-GAAP financial measures. INTERNET BROADCAST Sempra Energy will broadcast a live discussion of its earnings results over the Internet today at 12 p.m. ET 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 1455338. ABOUT SEMPRA ENERGY Sempra Energy's mission is to be North America's premier energy infrastructure company. With more than $65 billion in total assets reported in 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees deliver energy with purpose to over 40 million consumers worldwide. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and sustainability, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. 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," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees of performance. 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: California wildfires and the risk that we may be found liable for damages regardless of fault and the risk that we may not be able to recover any such costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances of permits and other authorizations, renewal of franchises, and other actions by the Comisión Federal de Electricidad, California Public Utilities Commission, U.S. Department of Energy, Public Utility Commission of Texas, regulatory and governmental bodies and jurisdictions in the U.S. and other countries in which we operate; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision and completing construction projects on schedule and budget; (ii) obtaining the consent of partners; (iii) counterparties' financial or other ability to fulfill contractual commitments; (iv) the ability to complete contemplated acquisitions and/or divestitures; and (v) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation, regulatory investigations and proceedings and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to 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; 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; 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; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; the impact at San Diego Gas & Electric Company on competitive customer rates and reliability due to the growth in distributed power generation and from departing retail load resulting from customers transferring to Direct Access, Community Choice Aggregation or other forms of distributed power generation and the 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 and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in trade policies, laws and regulations, including 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 impact of changes to federal and state tax laws and our ability to mitigate adverse impacts; 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, and on the company's website, 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 the company undertakes no obligation to update or revise any of these forward-looking statements as a result of new information, future events or other factors. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, 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, and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the California Public Utilities Commission. SEMPRA ENERGY Table A CONSOLIDATED STATEMENTS OF OPERATIONS Three months endedDecember 31, Years endedDecember 31, (Dollars in millions, except per share amounts; shares in thousands) 2019 2018 (1) 2019 2018 (1) (unaudited) REVENUES Utilities $ 2,640 $ 2,427 $ 9,448 $ 8,539 Energy-related businesses 303 399 1,381 1,563 Total revenues 2,943 2,826 10,829 10,102 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (350) (426) (1,139) (1,208) Cost of electric fuel and purchased power (259) (321) (1,188) (1,358) Energy-related businesses cost of sales (79) (99) (344) (357) Operation and maintenance (951) (875) (3,466) (3,150) Depreciation and amortization (395) (376) (1,569) (1,491) Franchise fees and other taxes (127) (120) (496) (472) Impairment losses — 182 (43) (1,122) Gain on sale of assets — 513 63 513 Other (expense) income, net (26) (134) 77 58 Interest income 23 19 87 85 Interest expense (280) (230) (1,077) (886) Income from continuing operations before income taxes and equity earnings 499 959 1,734 714 Income tax (expense) benefit (165) (172) (315) 49 Equity earnings 95 126 580 175 Income from continuing operations, net of income tax 429 913 1,999 938 Income from discontinued operations, net of income tax 71 51 363 188 Net income 500 964 2,362 1,126 Earnings attributable to noncontrolling interests (18) (64) (164) (76) Mandatory convertible preferred stock dividends (35) (36) (142) (125) Preferred dividends of subsidiary — — (1) (1) Earnings attributable to common shares $ 447 $ 864 $ 2,055 $ 924 Basic earnings per common share (EPS): Earnings $ 1.57 $ 3.15 $ 7.40 $ 3.45 Weighted-average common shares outstanding 284,649 274,331 277,904 268,072 Diluted EPS: Earnings $ 1.55 $ 3.03 $ 7.29 $ 3.42 Weighted-average common shares outstanding 288,787 296,429 282,033 269,852 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY ADJUSTED EARNINGS TO SEMPRA ENERGY GAAP EARNINGS (Unaudited) Sempra Energy Adjusted Earnings and Adjusted EPS exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2019 and 2018 as follows: Three months ended December 31, 2018: $367 million gain on the sale of certain Sempra Renewables assets $126 million reduction in the impairment of certain non-utility natural gas storage assets in the southeast U.S. at Sempra LNG $(60) million income tax expense in 2018 to adjust the Tax Cuts and Jobs Act of 2017 (TCJA) provisional amounts recorded in 2017 Year ended December 31, 2019: $45 million gain on the sale of certain Sempra Renewables assets Associated with holding the South American businesses for sale: $89 million income tax benefit from outside basis differences in our South American businesses primarily related to the change in our indefinite reinvestment assertion from our decision in January 2019 to hold those businesses for sale and a change in the anticipated structure of the sale $10 million income tax benefit to reduce a valuation allowance against certain net operating loss (NOL) carryforwards as a result of our decision to sell our South American businesses Year ended December 31, 2018: $367 million gain on the sale of certain Sempra Renewables assets $(22) million impacts associated with Aliso Canyon natural gas storage facility litigation at Southern California Gas Company (SoCalGas) $(145) million other-than-temporary impairment of certain U.S. wind equity method investments at Sempra Renewables $(629) million impairment of certain non-utility natural gas storage assets at Sempra LNG $(65) million impairment of RBS Sempra Commodities LLP (RBS Sempra Commodities) equity method investment at Parent and Other $(85) million income tax expense in 2018 to adjust the TCJA provisional amounts recorded in 2017 Sempra Energy Adjusted Earnings, Weighted-Average Common Shares Outstanding – Adjusted and Adjusted EPS 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 to prior and 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, Weighted-Average Common Shares Outstanding – GAAP and GAAP Diluted Earnings Per Common Share (GAAP EPS), which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. SEMPRA ENERGY Table A (Continued) Pretax amount Income tax expense (benefit) (1) Earnings Pretax amount Income tax expense (benefit) (1) Non-controlling interests Earnings (Dollars in millions, except per share amounts; shares in thousands) Three months ended December 31, 2019 Three months ended December 31, 2018 Sempra Energy GAAP Earnings $ 447 $ 864 Excluded items: Gain on sale of certain Sempra Renewables assets $ — $ — — $ (513) $ 146 $ — (367) Reduction of impairment of non-utility natural gas storage assets — — — (183) 47 10 (126) Impact from the TCJA — — — — 60 — 60 Sempra Energy Adjusted Earnings $ 447 $ 431 Diluted EPS: Sempra Energy GAAP Earnings (2) $ 447 $ 900 Weighted-average common shares outstanding, diluted – GAAP 288,787 296,429 Sempra Energy GAAP EPS $ 1.55 $ 3.03 Sempra Energy Adjusted Earnings for Adjusted EPS $ 431 Weighted-average common shares outstanding, diluted – Adjusted (2) 276,230 Sempra Energy Adjusted EPS $ 1.56 Year ended December 31, 2019 Year ended December 31, 2018 Sempra Energy GAAP Earnings $ 2,055 $ 924 Excluded items: Gain on sale of certain Sempra Renewables assets $ (61) $ 16 (45) $ (513) $ 146 $ — (367) Associated with holding the South American businesses for sale: Change in indefinite reinvestment assertion of basis differences and structure of sale of discontinued operations — (89) (89) — — — — Reduction in tax valuation allowance against certain NOL carryforwards — (10) (10) — — — — Impacts associated with Aliso Canyon litigation — — — 1 21 — 22 Impairment of U.S. wind equity method investments — — — 200 (55) — 145 Impairment of non-utility natural gas storage assets — — — 1,117 (452) (36) 629 Impairment of investment in RBS Sempra Commodities — — — 65 — — 65 Impact from the TCJA — — — — 85 — 85 Sempra Energy Adjusted Earnings $ 1,911 $ 1,503 Diluted EPS: Weighted-average common shares outstanding, diluted – GAAP 282,033 269,852 Sempra Energy GAAP EPS $ 7.29 $ 3.42 Sempra Energy Adjusted EPS $ 6.78 $ 5.57 (1) Except for adjustments that are solely income tax and tax related to outside basis differences, income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. (2) In the three months ended December 31, 2018, because the assumed conversion of the mandatory convertible preferred stock is dilutive for GAAP Earnings, the numerator used to calculate GAAP EPS includes an add-back of $36 million of mandatory convertible preferred stock dividends declared in that quarter. However, because the assumed conversion is antidilutive for the lower Adjusted Earnings, 20,199 mandatory convertible preferred stock shares are not included in the denominator used to calculate Adjusted EPS. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY 2020 ADJUSTED EPS GUIDANCE RANGE TO SEMPRA ENERGY 2020 GAAP EPS GUIDANCE RANGE (Unaudited) Sempra Energy 2020 Adjusted EPS Guidance Range of $6.70 to $7.50 excludes approximately $1.8 billion to $2.0 billion estimated after-tax gain on the sale of our South American businesses, net of approximately $1.2 billion of income tax expense, which was calculated primarily based on applicable statutory tax rates. Sempra Energy 2020 Adjusted EPS Guidance is a non-GAAP financial measure. Because of the significance and/or nature of the excluded item, management believes that this non-GAAP financial measure provides a meaningful comparison of the performance of Sempra Energy's business operations to prior and future periods. Sempra Energy 2020 Adjusted EPS Guidance should not be considered an alternative to Sempra Energy 2020 GAAP EPS Guidance. 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 Sempra Energy 2020 Adjusted EPS Guidance Range to Sempra Energy 2020 GAAP EPS Guidance Range, which we consider to be the most directly comparable financial measure calculated in accordance with GAAP. Full-Year 2020 Sempra Energy GAAP EPS Guidance Range $ 12.78 to $ 14.26 Excluded item: Estimated gain on sale of South American businesses (6.08) (6.76) Sempra Energy Adjusted EPS Guidance Range $ 6.70 to $ 7.50 Weighted-average common shares outstanding, diluted (millions) 295 SEMPRA ENERGY Table B CONSOLIDATED BALANCE SHEETS December 31, December 31, (Dollars in millions) 2019 2018 (1) ASSETS Current assets: Cash and cash equivalents $ 108 $ 102 Restricted cash 31 35 Accounts receivable – trade, net 1,261 1,215 Accounts receivable – other, net 455 320 Due from unconsolidated affiliates 32 37 Income taxes receivable 112 60 Inventories 277 258 Regulatory assets 222 138 Greenhouse gas allowances 72 59 Assets held for sale — 713 Assets held for sale in discontinued operations 445 459 Other current assets 324 249 Total current assets 3,339 3,645 Other assets: Restricted cash 3 21 Due from unconsolidated affiliates 742 644 Regulatory assets 1,930 1,589 Nuclear decommissioning trusts 1,082 974 Investment in Oncor Holdings 11,519 9,652 Other investments 2,103 2,320 Goodwill 1,602 1,602 Other intangible assets 213 224 Dedicated assets in support of certain benefit plans 488 416 Insurance receivable for Aliso Canyon costs 339 461 Deferred income taxes 155 141 Greenhouse gas allowances 470 289 Right-of-use assets – operating leases 591 — Wildfire fund 392 — Assets held for sale in discontinued operations 3,513 3,259 Other long-term assets 732 962 Total other assets 25,874 22,554 Property, plant and equipment, net 36,452 34,439 Total assets $ 65,665 $ 60,638 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table B (Continued) CONSOLIDATED BALANCE SHEETS December 31, December 31, (Dollars in millions) 2019 2018 (1) LIABILITIES AND EQUITY Current liabilities: Short-term debt $ 3,505 $ 2,024 Accounts payable – trade 1,234 1,160 Accounts payable – other 179 138 Due to unconsolidated affiliates 5 10 Dividends and interest payable 515 480 Accrued compensation and benefits 476 440 Regulatory liabilities 319 105 Current portion of long-term debt and finance leases 1,526 1,644 Reserve for Aliso Canyon costs 9 160 Greenhouse gas obligations 72 59 Liabilities held for sale in discontinued operations 444 368 Other current liabilities 866 935 Total current liabilities 9,150 7,523 Long-term debt and finance leases 20,785 20,903 Deferred credits and other liabilities: Due to unconsolidated affiliates 195 37 Pension and other postretirement benefit plan obligations, net of plan assets 1,067 1,143 Deferred income taxes 2,577 2,321 Deferred investment tax credits 21 24 Regulatory liabilities 3,741 4,016 Asset retirement obligations 2,923 2,786 Greenhouse gas obligations 301 131 Liabilities held for sale in discontinued operations 1,052 1,013 Deferred credits and other 2,048 1,493 Total deferred credits and other liabilities 13,925 12,964 Equity: Sempra Energy shareholders' equity 19,929 17,138 Preferred stock of subsidiary 20 20 Other noncontrolling interests 1,856 2,090 Total equity 21,805 19,248 Total liabilities and equity $ 65,665 $ 60,638 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table C CONSOLIDATED STATEMENTS OF CASH FLOWS Years ended December 31, (Dollars in millions) 2019 2018 (1) CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 2,362 $ 1,126 Less: Income from discontinued operations, net of income tax (363) (188) Income from continuing operations, net of income tax 1,999 938 Adjustments to reconcile net income to net cash provided by operating activities 1,259 1,878 Net change in other working capital components (207) 433 Insurance receivable for Aliso Canyon costs 122 (43) Wildfire fund, current and noncurrent (323) — Changes in other noncurrent assets and liabilities, net (152) 14 Net cash provided by continuing operations 2,698 3,220 Net cash provided by discontinued operations 390 296 Net cash provided by operating activities 3,088 3,516 CASH FLOWS FROM INVESTING ACTIVITIES Expenditures for property, plant and equipment (3,708) (3,544) Expenditures for investments and acquisitions, net of cash and cash equivalents acquired (1,797) (10,168) Proceeds from sale of assets 899 1,580 Purchases of nuclear decommissioning trust assets (914) (890) Proceeds from sales of nuclear decommissioning trust assets 914 890 Advances to unconsolidated affiliates (16) (95) Repayments of advances to unconsolidated affiliates 3 3 Intercompany activities with discontinued operations, net 8 (22) Other 30 41 Net cash used in continuing operations (4,581) (12,205) Net cash used in discontinued operations (12) (265) Net cash used in investing activities (4,593) (12,470) CASH FLOWS FROM FINANCING ACTIVITIES Common dividends paid (993) (877) Preferred dividends paid (142) (89) Issuances of mandatory convertible preferred stock, net — 2,258 Issuances of common stock, net 1,830 2,272 Repurchases of common stock (26) (21) Issuances of debt (maturities greater than 90 days) 4,296 8,927 Payments on debt (maturities greater than 90 days) and finance leases (3,667) (3,342) Increase (decrease) in short-term debt, net 656 (84) Advances from unconsolidated affiliates 155 — Proceeds from sale of noncontrolling interests, net 5 90 Purchases of noncontrolling interests (30) (7) Contributions from (distributions to) noncontrolling interests, net 98 (26) Intercompany activities with discontinued operations, net (266) (109) Other (49) (117) Net cash provided by continuing operations 1,867 8,875 Net cash used in discontinued operations (392) (25) Net cash provided by financing activities 1,475 8,850 Effect of exchange rate changes in continuing operations — (2) Effect of exchange rate changes in discontinued operations 1 (12) Effect of exchange rate changes on cash, cash equivalents and restricted cash 1 (14) Decrease in cash, cash equivalents and restricted cash, including discontinued operations (29) (118) Cash, cash equivalents and restricted cash, including discontinued operations, January 1 246 364 Cash, cash equivalents and restricted cash, including discontinued operations, December 31 $ 217 $ 246 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS Three months endedDecember 31, Years endedDecember 31, (Dollars in millions) 2019 2018 (1) 2019 2018 (1) (unaudited) Earnings (Losses) Attributable to Common Shares San Diego Gas & Electric $ 185 $ 148 $ 767 $ 669 Southern California Gas 204 156 641 400 Sempra Texas Utilities 109 88 528 371 Sempra Mexico 39 76 253 237 Sempra Renewables — 382 59 328 Sempra LNG (19) 147 (6) (617) Parent and other (132) (174) (515) (620) Discontinued operations 61 41 328 156 Total $ 447 $ 864 $ 2,055 $ 924 Three months endedDecember 31, Years endedDecember 31, (Dollars in millions) 2019 2018 (1) 2019 2018 (1) (unaudited) Capital Expenditures, Investments and Acquisitions San Diego Gas & Electric $ 451 $ 348 $ 1,522 $ 1,542 Southern California Gas 420 411 1,439 1,538 Sempra Texas Utilities 347 179 1,685 9,457 Sempra Mexico 204 148 624 468 Sempra Renewables — 10 2 56 Sempra LNG 39 104 222 306 Parent and other 5 (63) 11 345 Capital Expenditures, Investments and Acquisitions $ 1,466 $ 1,137 $ 5,505 $ 13,712 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table E OTHER OPERATING STATISTICS (Unaudited) Three months ended December 31, Years ended or at December 31, 2019 2018 2019 2018 UTILITIES SDG&E and SoCalGas Gas sales (Bcf) (1) 103 93 374 337 Transportation (Bcf) (1) 149 134 573 581 Total deliveries (Bcf) (1) 252 227 947 918 Total gas customer meters (thousands) 6,924 6,885 SDG&E Electric sales (millions of kWhs) (1) 3,601 3,643 14,397 15,125 Direct Access and Community Choice Aggregation (millions of kWhs) 909 947 3,549 3,628 Total deliveries (millions of kWhs) (1) 4,510 4,590 17,946 18,753 Total electric customer meters (thousands) 1,471 1,459 Oncor (2) Total deliveries (millions of kWhs) 30,916 29,800 133,378 107,276 Total electric customer meters (thousands) 3,685 3,621 Ecogas Natural gas sales (Bcf) 1 — 3 7 Natural gas customer meters (thousands) 132 123 ENERGY-RELATED BUSINESSES Power generated and sold Sempra Mexico Termoeléctrica de Mexicali (TdM) (millions of kWhs) 1,011 1,152 3,873 4,074 Wind and solar (millions of kWhs) (3) 333 252 1,442 1,176 (1) Includes intercompany sales. (2) Includes 100% of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an 80.25% interest through our March 2018 acquisition of our equity method investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings). Total deliveries for the year ended December 31, 2018 only include volumes from the March 9, 2018 acquisition date. (3) Includes 50% of the total power generated and sold at the Energía Sierra Juárez wind power generation facility, in which Sempra Energy has a 50% ownership interest. Energía Sierra Juárez is not consolidated within Sempra Energy, and the related investment is accounted for under the equity method. SEMPRA ENERGY Table F (Unaudited) STATEMENT OF OPERATIONS DATA BY SEGMENT Three months ended December 31, 2019 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra Renewables Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,259 $ 1,383 $ — $ 317 $ — $ 83 $ (99) $ 2,943 Cost of sales and other expenses (705) (847) — (153) — (112) 51 (1,766) Depreciation and amortization (189) (153) — (47) — (3) (3) (395) Other (expense) income, net (21) (73) — 70 — — (2) (26) Income (loss) before interest and tax (1) 344 310 — 187 — (32) (53) 756 Net interest (expense) income (99) (36) — (10) — (1) (111) (257) Income tax (expense) benefit (60) (70) — (111) — 9 67 (165) Equity earnings (losses), net — — 109 (19) — 5 — 95 Earnings attributable to noncontrolling interests — — — (8) — — — (8) Preferred dividends — — — — — — (35) (35) Earnings (losses) from continuing operations $ 185 $ 204 $ 109 $ 39 $ — $ (19) $ (132) 386 Earnings from discontinued operations 61 Earnings attributable to common shares $ 447 Three months ended December 31, 2018 (2) (Dollars in millions) SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra Renewables Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,163 $ 1,262 $ — $ 348 $ 21 $ 142 $ (110) $ 2,826 Cost of sales and other expenses (737) (882) — (175) (26) (122) 100 (1,842) Depreciation and amortization (179) (142) — (44) — (2) (9) (376) Write-off and reduction in impairment losses — — — — — 183 (1) 182 Gain (loss) on sale of assets — 1 — (1) 513 — — 513 Other (expense) income, net (21) (34) — (63) 1 — (17) (134) Income (loss) before interest and tax (1) 226 205 — 65 509 201 (37) 1,169 Net interest (expense) income (59) (32) — (13) 2 10 (119) (211) Income tax (expense) benefit (22) (17) — 41 (138) (53) 17 (172) Equity earnings (losses), net — — 88 38 1 (1) — 126 Losses (earnings) attributable to noncontrolling interests 3 — — (55) 8 (10) 1 (53) Preferred dividends — — — — — — (36) (36) Earnings (losses) from continuing operations $ 148 $ 156 $ 88 $ 76 $ 382 $ 147 $ (174) 823 Earnings from discontinued operations 41 Earnings attributable to common shares $ 864 (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) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table F (Unaudited) STATEMENT OF OPERATIONS DATA BY SEGMENT Year ended December 31, 2019 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra Renewables Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 4,925 $ 4,525 $ — $ 1,375 $ 10 $ 410 $ (416) $ 10,829 Cost of sales and other expenses (2,846) (2,930) — (649) (20) (462) 274 (6,633) Depreciation and amortization (760) (602) — (183) — (10) (14) (1,569) Impairment losses (6) (37) — — — — — (43) Gain on sale of assets — — — — 61 — 2 63 Other income (expense), net 39 (55) — 76 — — 17 77 Income (loss) before interest and tax (1) 1,352 901 — 619 51 (62) (137) 2,724 Net interest (expense) income (407) (139) — (41) 8 26 (437) (990) Income tax (expense) benefit (171) (120) — (227) (4) 5 202 (315) Equity earnings (losses), net — — 528 24 5 24 (1) 580 (Earnings) losses attributable to noncontrolling interests (7) — — (122) (1) 1 — (129) Preferred dividends — (1) — — — — (142) (143) Earnings (losses) from continuing operations $ 767 $ 641 $ 528 $ 253 $ 59 $ (6) $ (515) 1,727 Earnings from discontinued operations 328 Earnings attributable to common shares $ 2,055 Year ended December 31, 2018 (2) (Dollars in millions) SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra Renewables Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 4,568 $ 3,962 $ — $ 1,376 $ 124 $ 472 $ (400) $ 10,102 Cost

Sempra Energy Declares Dividends And Raises Annualized Common Stock Dividend For 10th Consecutive Year

SAN DIEGO, Feb. 25, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its board of directors has declared a $1.045 per share quarterly dividend on the company's common stock, which is payable April 15, 2020, to common stock shareholders of record as of March 20, 2020. The declared quarterly dividend represents an 8% increase to the company's common stock dividend to $4.18 per share, on an annualized basis, from $3.87 per share in 2019. This is the 10th consecutive year that Sempra Energy has increased its common stock dividend. On average, the company has increased its dividend by more than 10% annually for the last decade. Sempra Energy's board of directors also declared a quarterly dividend of $1.50 per share on the company's 6% Mandatory Convertible Preferred Stock, Series A. Additionally, the board of directors declared a quarterly dividend of $1.6875 per share on the company's 6.75% Mandatory Convertible Preferred Stock, Series B. The preferred stock dividends will be payable April 15, 2020, to preferred stock shareholders of record as of April 1, 2020. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. With more than $60 billion in total assets reported in 2018, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees deliver energy with purpose to approximately 40 million consumers worldwide. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and sustainability, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. 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, mission, 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: the greater degree and prevalence of wildfires in California in recent years and the risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and the risk that we may not be able to recover any such costs from insurance, the California wildfire fund or in rates from customers in California or otherwise; actions and the timing of actions, including decisions, investigations, new regulations and issuances of permits and other authorizations and renewal of franchises by the Comisión Federal de Electricidad (CFE), California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Los Angeles County Department of Public Health, U.S. Environmental Protection Agency, Federal Energy Regulatory Commission, Pipeline and Hazardous Materials Safety Administration, 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 success of business development efforts, construction projects, and major acquisitions, divestitures and internal structural changes, including risks in (i) obtaining or maintaining authorizations; (ii) completing construction projects on schedule and budget; (iii) obtaining the consent of partners; (iv) counterparties' financial ability or otherwise to fulfill contractual commitments; (v) winning competitively bid infrastructure projects; (vi) the ability to complete contemplated acquisitions and/or divestitures and the disruptions caused by such efforts; and (vii) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation, regulatory investigations and proceedings, and arbitrations; 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; 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; delays in, 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; moves to reduce or eliminate reliance on natural gas; 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 fires 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; 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; 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; expropriation of assets, the failure to honor the terms of contracts by foreign governments and state-owned entities such as the CFE, and other property disputes; the impact at San Diego Gas & Electric Company on competitive customer rates and reliability of electric transmission and distribution systems 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 other regulatory and governance commitments, including the determination by a majority of Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; changes in capital markets, energy markets and economic conditions, including the availability of credit; and volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; 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; actions of activist shareholders, which could disrupt our operations by, among other things, requiring significant time by management and our board of directors; the impact of federal or state tax reform and our ability to mitigate adverse impacts; 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, and on the company's website, 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 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, Sempra Mexico, Sempra Texas Utilities, 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, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the California Public Utilities Commission. [SRE-F] SOURCE Sempra Energy

TRAFFIC ADVISORY: SoCalGas to Begin Pipeline Inspection Project on Inglewood Boulevard between Lucille Street and Jefferson Boulevard in Los Angeles

WHAT: SoCalGas will begin a pipeline inspection project on Inglewood Boulevard between Lucille Street and Jefferson Boulevard in Los Angeles. Work will begin on February 18 and is expected to end in May 2020. To perform this project safely, lanes will be reduced on the eastbound and westbound directions along Inglewood Boulevard from 9 a.m. to 3:30 p.m., Monday through Friday. Traffic control cones, message boards, and flagmen will help direct the flow of traffic. Residents, local businesses, and commuters may hear work-related noise and see excavation equipment and vehicles during construction hours. 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: Inglewood Boulevard between Lucille Street and Jefferson Boulevard in the city of Los Angeles, as shown in this link. WHEN: Lanes will be reduced from 9 a.m. to 3:30 p.m., Monday through Friday, subject to change. Work will begin February 18, 2020 and end in May 2020, weather and other conditions permitting. 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.

TRAFFIC ADVISORY: Lanes to Be Reduced Along West Washington Blvd. and Vermont Ave. in Los Angeles for Pipeline Replacement Project Beginning February 18

WHAT: SoCalGas will be performing work for a pipeline replacement project on West Washington Blvd. at the intersection of Vermont Ave. in Los Angeles. Work will begin on February 18 and is expected to continue through March 2020. To perform this project safely, closures of the east and westbound turning lanes of West Washington Blvd. and lane reductions on the north and southbound lanes on Vermont Ave. at the intersection of West Washington Blvd. and Vermont Ave will be in place from 9:00 a.m. to 3:30 p.m., Monday through Friday. Traffic control cones and flagmen will help direct the flow of traffic. Residents, local businesses, and commuters may hear work-related noise and see excavation equipment and vehicles and experience traffic delays during construction. Businesses will be open and accessible during the project. No interruption to natural gas service is anticipated. WHERE: Intersection of West Washington Blvd. and Vermont Ave. in Los Angeles as shown here. WHEN: Work hours are from 9:00 a.m. to 3:30 p.m. Monday through Friday, subject to change. Work will begin February 18 and end in March 2020, weather and other conditions permitting. 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. ###

SoCalGas Announces Support for Public Utilities Commission Creation of Biomethane Incentive Reservation System

LOS ANGELES, Feb. 13, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced support for the California Public Utilities Commission (CPUC) new Incentive Reservation System for the CPUC biomethane monetary incentive program. The reservation system will help increase transparency about available incentive funding for biomethane interconnection projects in the state. Currently, there is about $32 million in funding available through the incentive program. This money is available for eligible projects on a "first come, first served" basis through December 31, 2026 or until the money runs out, whichever occurs first. The new reservation system is an important step to give biomethane developers certainty the money they applied for will be there at the end of the project. Another benefit of the reservation system is that it can help spur additional interconnection projects. "SoCalGas commends the CPUC for establishing an incentive reservation system," said Sharon Tomkins, vice president of strategy and engagement and chief environmental officer for SoCalGas. "It is my hope that state policymakers will realize the increased demand for renewable natural gas projects and make additional incentive funding available for many years to come." Renewable natural gas (RNG) is a clean fuel produced from our waste streams (i.e. sewers and food waste, as well as dairy and agricultural waste) and can be used to heat homes and businesses, for cooking, and to fuel trucks and buses. California law requires 40 percent of methane from sewage treatments plants, landfills, dairies and other agriculture to be captured, with provisions for energy delivery to customers as part of the state's ambitious plan to reduce greenhouse gas emissions. RNG can take more carbon out of the air than it emits as an energy source, which makes it a carbon negative fuel. Last month, the Lawrence Livermore National Laboratory issued a report assessing pathways California can take to achieve carbon neutrality by 2045. The study found the pathway that holds the greatest potential for removing emissions from the atmosphere is to convert waste to fuel, with simultaneous capture of CO 2 emissions. Estimates show this pathway could remove 83 million tons of CO 2 per year. Last year, SoCalGas announced its vision to be the cleanest gas utility in North America. As part of that vision, the utility committed to replacing 5 percent of its natural gas supplies with RNG by 2022 and 20 percent of its supplies with RNG by 2030. A 2018 study shows replacing about 20 percent of California's natural gas supply with RNG offers the same emissions reduction as electrifying all of the buildings in the state, but at half the cost. There is widespread consumer preference for natural gas appliances in California and multiple studies have shown RNG is a cost-effective solution to reducing greenhouse gas emissions. Additionally, a recently released analysis shows that by 2040, there will be enough RNG available nationwide to replace 90 percent of fossil natural gas in US homes. The reservation system opened on February 3, 2020. Customers who wish to apply for incentive funding should fill out this form. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable 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. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. 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 Declares Preferred Dividends

LOS ANGELES, Feb. 13, 2020 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on April 15, 2020, to shareholders of record on March 10, 2020. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable 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. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. 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

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

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