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SoCalGas Seeks to Offer Renewable Natural Gas to Customers

LOS ANGELES, Feb. 28, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it has filed a request with the California Public Utilities Commission seeking to offer renewable natural gas to its 21 million customers in Central and Southern California. Renewable natural gas is a fuel produced from waste and agriculture that can be used to heat homes and businesses, for cooking, and to fuel trucks and buses. The fuel assists in helping California reduce its greenhouse gas (GHG) emissions because it is carbon-neutral or carbon-negative, meaning that it can take more GHG emissions out of the air than it emits as an energy source. Under the proposed program, millions of Californians would have the option to purchase a portion of their natural gas from renewable sources, just as many today can opt to purchase renewable electricity. The program is expected to create increased demand for renewable natural gas, which should help increase supply and lower its cost over time, similar to what has happened with renewable electricity created from wind and solar power. Photos of renewable natural gas projects in California are available here. "Renewable natural gas is an important component in California's efforts to reduce GHG emissions," said Sharon Tomkins, SoCalGas vice president of customer solutions and strategy. "Using renewable natural gas in homes and commercial buildings will cut greenhouse gas emissions just as much as mandating all-electric appliances, but 2 to 3 times more cost-effectively. This solution not only preserves consumer choice, it can achieve climate goals at a lower cost." As California seeks to reduce GHG emissions from homes and commercial buildings, renewable natural gas has emerged as a viable and cost-effective solution. A study last year showed that replacing less than 20 percent of SoCalGas' traditional natural gas supply with renewable natural gas by 2030 can achieve the same greenhouse gas reductions as converting all homes and commercial buildings to electric-only energy. That same study also found that using a mix of both in- and out-of-state renewable gas resources is up to 2 to 3 times more cost effective in reducing greenhouse gases than an electrification scenario. A 2016 study by the University of California, Davis calculated that California has the potential to produce approximately 90.6 billion cubic feet (bcf) per year of renewable natural gas from dairy, landfill, municipal solid waste, and wastewater treatment plant sources alone. This would be enough to meet the annual natural gas needs of around 2.3 million California homes. In addition, out-of-state sources of renewable natural gas are significant and growing. According to the U.S. Department of Energy the U.S. currently produces 1 trillion cubic feet of renewable natural gas every year, and that number is expected to increase to 10 trillion by 2030. Using even a portion of this renewable fuel would meet the needs of millions more Californians. Renewable Natural Gas Program DetailsIf approved, the renewable natural gas program will be available to nearly all SoCalGas core residential and small commercial and industrial customers. Residential customers will be able to have some of their natural gas delivered from renewable sources, choosing from several set dollar amounts to be provided from renewable natural gas supplies. Commercial customers will be able to have all of their natural gas come from renewable sources or select from a series of set dollar amounts or a percentage of their total gas use. Each month, participating customers would see a line item on their bill that includes the amount of renewable gas they received, along with a very small program fee. To allow the utilities to enter into the longer-term contracts necessary to purchase renewable natural gas, residential customers will have to commit to one year. After one year, they would have the option to change their dollar amount or could participate on a month-to-month basis. As customers opt to purchase renewable natural gas, SoCalGas will buy the renewable gas from producers and reduce the amount of fossil gas that is brought into their pipeline systems. As renewable natural gas enters the SoCalGas pipeline system, its molecules blend together with traditional natural gas and cannot be separated or filtered by source, just like solar and wind electrons on the electric grid. Every additional therm of this renewable fuel that is purchased means one less therm of traditional natural gas is used. Renewable fuel will be displacing fossil gas and helping build the market for more renewable natural gas. SoCalGas hopes to offer the program beginning in 2020 if regulators at the California Public Utilities Commission approve the proposal. Customers who support being able to purchase a portion of their gas from renewable sources and increase their use of green energy should express their support by contacting the Public Utilities Commission Public Advisor at 1 (877) 849-8390 or public.advisor@cpuc.ca.gov. Increasing Demand will Encourage Further Production of More Renewable Fuel California has the potential to produce more than 90 billion cubic feet of renewable natural gas per year from waste sources, enough to meet the natural gas needs of around 2.3 million California homes. SoCalGas has been bringing renewable natural gas into its pipeline system from out of state since about 2013, in large part because using the renewable fuel in vehicles is supported by the state's Low Carbon Fuel Standard, a program designed to reduce greenhouse gas and air pollution from the transportation sector. In 2018, renewable natural gas produced in California began flowing into SoCalGas pipelines for the first time, from an anaerobic digester built and operated by waste hauling company CR&R. CR&R's facility produces renewable natural gas using organic waste collected in Southern California cities' green waste bins. In February 2019, SoCalGas announced that renewable natural gas was flowing into its system from a dairy digester pipeline cluster run by biofuel producer Calgren. The Calgren facility will eventually collect biogas from anaerobic digesters at 12 Tulare County dairies. Those digesters will capture and process manure from more than 75,000 cows, preventing about 130,000 tons of greenhouse gas from entering the atmosphere each year, the equivalent of taking more than 25,000 passenger cars off the road for a year. Today, there are already 24 California dairy methane capture projects either operating or in development, and experts estimate there could be as many as 120 projects funded and operating in next five years. In addition, as the state seeks to divert organic waste from landfills and capture emissions from wastewater treatment plants, more and more renewable natural gas will become available. Consumer polls support the increased production and use of renewable natural gas. Research shows nine out of 10 California families use natural gas in their homes. A recent California Building Industry Association survey of California voters found that only 10 percent of voters would consider purchasing an all-electric home and 80 percent oppose laws that would take away their natural gas appliances. Renewable natural gas is complementary to other renewable energy sources like solar and wind, since it is available day and night to make the entire energy system cleaner and more reliable. This renewable fuel has already begun to clean the air and reduce greenhouse gas emissions in California's transportation sector, which accounts for more than 80 percent of smog forming emissions and about 40 percent of greenhouse gas emissions in the state. Proposal Has Broad SupportMany organizations and businesses have voiced support for the renewable natural gas proposal, including environmental groups, businesses, and universities. A list of supporters may be found here. "The University of California supports the SoCalGas proposal to offer customers renewable natural gas," said David Phillips, associate vice president of energy and sustainability of the University of California's Office of the President. "UC is committed to carbon neutrality and has been working to develop our own renewable gas supply projects. New programs like this proposal are necessary to create a robust and cost-effective commercial market for renewable natural gas in California." "Renewable natural gas (RNG) is an important alternate fuel with significant greenhouse gas and air quality benefits," said Arun Raju, director of the Center for Renewable Natural Gas at the University of California, Riverside. "RNG, like most other renewable fuels, is more expensive than fossil fuels due to a number of factors. With proper policy support, the costs will very likely decrease over time as more projects are developed and technology keeps maturing. SoCalGas' proposed initiative is an excellent way to support RNG, and similar approaches have worked for other renewable resources and in other jurisdictions. This approach also gives individuals and organizations a unique opportunity to support a clean, renewable fuel and combat climate change." "This is smart policy and is wholly aligned with California's goal of achieving net zero emissions by 2045," said Jonathan Parfrey, executive director of Climate Resolve, a Los Angeles-based environmental non-profit. "SoCalGas' program is a practical way for households, businesses, even entire cities, to achieve carbon neutral goals." "Renewable natural gas is the lowest-carbon fuel available -- in fact the California Air Resources Board verified it is net-carbon negative over its lifecycle, when food waste or manure are the feedstocks," said Matt Tomich, president of the non-profit Energy Vision. "RNG is 'pipeline grade' so it can reach its markets through the same pipelines used to transport fossil gas. It's one of the most powerful decarbonization tools there is, and California's and SoCalGas's leadership in scaling it up has important national impact." For more information on renewable natural gas, go to: socalgas.com/smart-energy About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook . SOURCE Southern California Gas Company

Supporters of SoCalGas Proposal to Offer Renewable Natural Gas to Customers

David Phillips, Associate Vice President of Energy and Sustainability of the University of California’s Office of the President Arun Raju, Director of the Center for Renewable Natural Gas at the University of California Riverside Jonathan Parfrey, Executive Director of Climate Resolve, a Los Angeles-based environmental non-profit Matt Tomich, President of Energy Vision, an environmental non-profit based in New York City Grace Adams, Executive Director, Bolsa Chica Conservancy, an environmental non-profit based in Huntington Beach Gary Clifford II, Executive Vice President, Athens Services, a waste-hauling company based in Los Angeles David Perez, principal of Valley Vista Services, an L.A.-area waste and recycling collection and processing business Evan Creelman, Chief Operating Officer, Newlight Technologies, Inc., a carbon capture technology company based in Huntington Beach Ronald Stein, Founder and Ambassador for Energy & Infrastructure at PTS Advance, a workforce utilization company based in Irvine Robert Taylor, Executive Director, Commerce Industrial Council Alicia Berhow, Senior Vice President of Government Affairs for the Orange County Business Council Paul Little, President and Chief Executive Officer, Pasadena Chamber of Commerce Sharon Gibbs, Chief Executive Officer, Alhambra Chamber of Commerce Ken Rausch, Chief Executive Office, El Monte/South El Monte Chamber of Commerce Anthony Duarte, Chief Executive Officer, Regional Chamber of Commerce San Gabriel Valley Ani Minasian, President/CEO, Montebello Chamber of Commerce Deborah Villar, Chief Executive Officer, Via Care Community Health Center Gene Hale, Chairman, Greater Los Angeles African American Chamber of Commerce (GLAAACC) Tracy Stanhoff, President and Creative Director, AD PRO; Former Tribal Chair, Prairie Band Potawatomi Nation; President, American Indian Chamber of Commerce of CA Kim May Yamasaki, Executive Director, Center for Asian Americans United for Self Empowerment Richard D. Chapman, President and CEO, Kern Economic Development Corporation Gary Passmore, President, Congres of California Seniors Hannah Riches, Director of Finance, The Langham Huntington, Pasadena Lisa Baca, Executive Director, California Latino Leadership Institute Paul M. Saldana, President and CEO, Tulare County Economic Development Corporation Adam Livingston, Director of Planning and Policy, Sequoia Riverlands Trust Benjamin Wu, Plant Manager, American Jerky Company William R. Manis, President and CEO, San Gabriel Valley Economic Partnership Theresa Harvey, President and CEO, North Orange County Chamber Andrea Ostenso, Sustainable Cities Associate, Global Green Kami Grosvenor, President and CEO, Inland Valley Hope Partners Samuel Robinson, Energy Program Manager, Eastern Municipal Water District

Sempra Energy's 2018 Earnings Rise On Strong Operating Results

SAN DIEGO, Feb. 26, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported its 2018 full-year earnings increased to $924 million, or $3.42 per diluted share, from $256 million, or $1.01 per diluted share, in 2017. On an adjusted basis, the company's 2018 earnings were $1.5 billion, or $5.57 per diluted share, up from $1.37 billion, or $5.42 per diluted share, in 2017. "Our strong 2018 operational and financial results confirm that we're on track to fulfill our mission to become North America's premier energy infrastructure company," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "Over the past year, we made significant strides in all aspects of our business. We expanded our Texas regulated utility platform with the acquisition of our majority interest in Oncor. Also, we delivered outstanding safety, reliability and customer service at our California utilities, while advancing our role in North America's liquefied natural gas (LNG) export market. Moreover, we executed our strategy to realign our portfolio to support our core mission. These results are a testament to our team's ability to deliver value to our owners." In the fourth quarter 2018, Sempra Energy reported earnings of $864 million, or $3.03 per diluted share, compared with a loss of $501 million, or $1.99 per diluted share, in 2017. Sempra Energy's adjusted earnings in the fourth quarter 2018 increased to $431 million, or $1.56 per diluted share, from $389 million, or $1.54 per diluted share in 2017. 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 2018 and 2017. Three months ended Years ended Dec. 31 Dec. 31 (Dollars, except earnings per share, and shares, in millions) 2018 2017 2018 2017 (Unaudited) GAAP Earnings (Losses) (1) $ 864 $ (501) $ 924 $ 256 Gain on Sale of Certain Sempra Renewables Assets (367) - (367) - Impairment of Investment in RBS Sempra Commodities - - 65 - (Adjustment)/Impairment of Non-Utility U.S. Natural Gas Storage Assets (126) - 629 - Impairment of U.S. Wind Equity Method Investments - - 145 - Impacts Associated With Aliso Canyon Litigation - 20 22 20 Impact From Tax Cuts and Jobs Act of 2017 60 870 85 870 Write-Off of Wildfire Regulatory Asset - - - 208 Adjustments Related to Termoeléctrica de Mexicali (TdM) Held for Sale - - - 42 Recoveries Related to Permanent Releases of Pipeline Capacity - - - (28) Adjusted Earnings (1) $ 431 $ 389 $ 1,503 $ 1,368 GAAP Diluted Weighted-Average Shares Outstanding 296 252 270 252 GAAP Earnings (Losses) per Diluted Share (1) $ 3.03 (2) $ (1.99) $ 3.42 $ 1.01 Adjusted Diluted Weighted-Average Shares Outstanding (1) 276 253 270 252 Adjusted Earnings per Diluted Share (1) $ 1.56 $ 1.54 $ 5.57 $ 5.42 1) Attributable to common shares. Sempra Energy adjusted earnings and adjusted earnings per share are non-GAAP financial measures. See Table A for information regarding non-GAAP financial measures and descriptions of adjustments above. 2) Due to the dilutive effect of the mandatory convertible preferred stock for GAAP earnings, the numerator used to calculate GAAP earnings per share includes an add-back of $36 million of mandatory preferred stock dividends declared in the quarter. Last week, Sempra Energy's board of directors approved an approximate 8-percent increase in the company's dividend to $3.87 per common share from $3.58 per common share, on an annualized basis. This marks the ninth consecutive year that the company has raised its common dividend. OPERATING HIGHLIGHTS In 2018, Sempra Energy achieved several significant milestones in advancing its mission to become North America's premier energy infrastructure company. Earlier this month, Sempra Energy announced an agreement to complete the divestiture of its U.S. renewables business by selling its remaining wind operating and development assets. When complete, the sales of the company's U.S. solar, wind and non-utility natural gas storage assets are expected to generate approximately $2.5 billion in cash proceeds for Sempra Energy. The proceeds will be used to support Sempra Energy's focus on North America and strengthen its balance sheet. Additionally, in January, Sempra Energy announced that it would sell its equity interests in its South American businesses, including Luz del Sur S.A.A. in Peru and Chilquinta Energía S.A. in Chile. While Luz del Sur and Chilquinta Energía have made significant contributions to Sempra Energy over the past two decades and offer exciting future growth opportunities, the planned sale supports Sempra Energy's refocusing of capital investments in North America. Sempra Energy will launch the formal sale process in March. Sempra Energy also announced several LNG agreements with commercial parties in the fourth quarter 2018 with respect to the company's LNG facilities in development: Port Arthur LNG in Jefferson County, Texas; Cameron LNG Phase 2 in Hackberry, La.; and Energía Costa Azul LNG Phases 1 and 2 in Mexico. The agreements support Sempra Energy's goal to become one of the largest U.S. exporters of LNG, targeting the export of 45 million tons per annum to global markets. In November 2018, Cameron LNG initiated the commissioning process for the first of three liquefaction trains of Phase 1 of the project. Sempra Energy expects Cameron LNG to begin generating earnings in mid-2019. Last month, Sempra Energy was added to the Dow Jones Utility Average, a 15-stock, price-weighted index measuring the performance of some of the largest U.S. companies within the utilities sector. Stocks are selected for the index based on reputation, demonstration of sustained financial growth and interest to a large number of investors. Additionally, in 2018, the Wall Street Journal ranked Sempra Energy as the top company in the utility sector in the Journal's first "Management Top 250" list. 2019 EARNINGS GUIDANCE Sempra Energy today affirmed its 2019 adjusted earnings-per-share guidance range of $5.70 to $6.30. NON-GAAP FINANCIAL MEASURES Non-GAAP financial measures for Sempra Energy include fourth-quarter and full-year 2018 and 2017 adjusted earnings and adjusted earnings per share and 2019 adjusted earnings-per-share guidance. Additional information regarding these non-GAAP financial measures is in the appendix on Table A of the fourth-quarter 2018 financial tables. 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 2787825. Sempra Energy's mission is to become North America's premier energy infrastructure company. With 2018 revenues of more than $11.5 billion, 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 are focused on delivering energy with purpose to approximately 40 million consumers worldwide. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, social responsibility and investment value. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: 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 risk that we may not be able to recover any such costs in rates from customers in California; actions and the timing of actions, including decisions, new regulations and issuances of authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; 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; the success of business development efforts, construction projects, 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' ability to fulfill contractual commitments; (v) winning competitively bid infrastructure projects; (vi) disruption caused by the announcement of contemplated acquisitions and/or divestitures or internal structural changes; (vii) the ability to complete contemplated acquisitions and/or divestitures; and (viii) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation and regulatory investigations and proceedings; 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; and moves to reduce or eliminate reliance on natural gas; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause 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; 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; actions of activist shareholders, which could impact the market price of our securities and disrupt our operations as a result of, among other things, requiring significant time by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit; and volatility in currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and our ability to mitigate adverse impacts; 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; expropriation of assets by foreign governments and title and other property disputes; the impact at San Diego Gas & Electric (SDG&E) 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; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov . Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SEMPRA ENERGY Table A CONSOLIDATED STATEMENTS OF OPERATIONS Three months endedDecember 31, Years endedDecember 31, (Dollars in millions, except per share amounts; shares in thousands) 2018 2017 (1) 2018 2017 (1) (unaudited) REVENUES Utilities $ 2,798 $ 2,604 $ 10,046 $ 9,776 Energy-related businesses 423 360 1,641 1,431 Total revenues 3,221 2,964 11,687 11,207 EXPENSES AND OTHER INCOME Utilities: Cost of electric fuel and purchased power (545) (551) (2,323) (2,281) Cost of natural gas (426) (287) (1,208) (1,190) Energy-related businesses: Cost of natural gas, electric fuel and purchased power (98) (113) (355) (339) Other cost of sales (24) (19) (78) (24) Operation and maintenance (916) (868) (3,309) (3,096) Depreciation and amortization (391) (384) (1,549) (1,490) Franchise fees and other taxes (120) (111) (472) (436) Write-off of wildfire regulatory asset — — — (351) Impairment losses 182 — (1,122) (72) Gain on sale of assets 514 1 524 3 Other (expense) income, net (124) (89) 72 233 Interest income 28 20 104 46 Interest expense (240) (166) (925) (659) Income before income taxes and equity earnings of unconsolidated entities 1,061 397 1,046 1,551 Income tax expense (223) (898) (96) (1,276) Equity earnings 126 50 176 76 Net income (loss) 964 (451) 1,126 351 Earnings attributable to noncontrolling interests (64) (50) (76) (94) Mandatory convertible preferred stock dividends (36) — (125) — Preferred dividends of subsidiary — — (1) (1) Earnings (losses) attributable to common shares $ 864 $ (501) $ 924 $ 256 BASIC EARNINGS PER COMMON SHARE Numerator: Earnings (losses) attributable to common shares $ 864 $ (501) $ 924 $ 256 Denominator: Weighted-average shares outstanding, basic 274,331 251,902 268,072 251,545 Basic earnings (losses) per common share $ 3.15 $ (1.99) $ 3.45 $ 1.02 DILUTED EARNINGS PER COMMON SHARE Numerator: Earnings (losses) attributable to common shares $ 864 $ (501) $ 924 $ 256 Add back dividends for dilutive mandatory convertible preferred stock 36 N/A N/A N/A Total $ 900 $ (501) $ 924 $ 256 Denominator: Weighted-average shares outstanding, basic 274,331 251,902 268,072 251,545 Dilutive effect of stock options, RSAs and RSUs 905 — 919 755 Dilutive effect of common shares sold forward 994 — 861 — Dilutive effect of mandatory convertible preferred stock 20,199 — — — Weighted-average shares outstanding, diluted (2) 296,429 251,902 269,852 252,300 Diluted earnings (losses) per common share (2) $ 3.03 $ (1.99) $ 3.42 $ 1.01 (1) As adjusted for the retrospective adoption of Accounting Standards Update (ASU) 2017-07 and a reclassification to conform to current year presentation. (2) For the three months ended December 31, 2017, the total weighted-average potentially dilutive securities was 823 shares. However, these securities were not included in the computation of GAAP EPS since to do so would have decreased the loss per share. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY ADJUSTED EARNINGS TO SEMPRA ENERGY GAAP EARNINGS (LOSSES) (Unaudited) Sempra Energy Adjusted Earnings and Adjusted Earnings Per Common Share (Adjusted EPS) exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2018 and 2017 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 & Midstream $(60) million income tax expense in 2018 to adjust the Tax Cuts and Jobs Act of 2017 (TCJA) provisional amounts recorded in 2017 Three months ended December 31, 2017: $(870) million income tax expense from the impact of the TCJA $(20) million associated with Aliso Canyon litigation reserves at Southern California Gas Company (SoCalGas) Year ended December 31, 2018: $367 million gain on the sale of certain Sempra Renewables assets $(65) million impairment of RBS Sempra Commodities LLP (RBS Sempra Commodities) equity method investment at Parent and Other $(629) million impairment of certain non-utility natural gas storage assets at Sempra LNG & Midstream $(145) million other-than-temporary impairment of certain U.S. wind equity method investments at Sempra Renewables $(22) million impacts associated with Aliso Canyon natural gas storage facility litigation at SoCalGas $(85) million income tax expense in 2018 to adjust the TCJA provisional amounts recorded in 2017 Year ended December 31, 2017: $(870) million income tax expense from the impact of the TCJA $(208) million write-off of wildfire regulatory asset at San Diego Gas & Electric Company (SDG&E) $(47) million impairment of Termoeléctrica de Mexicali (TdM) assets that were held for sale until June 2018 at Sempra Mexico $(20) million associated with Aliso Canyon litigation reserves at SoCalGas $5 million deferred income tax benefit on the TdM assets that were held for sale $28 million of recoveries related to 2016 permanent releases of pipeline capacity at Sempra LNG & Midstream Sempra Energy Adjusted Earnings, Weighted-Average 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 from 2018 to 2017 and to future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra Energy GAAP Earnings (Losses), Weighted-Average Shares Outstanding – GAAP and GAAP Diluted Earnings (Losses) 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) Non-controlling interests Earnings Pretax amount Income tax expense (benefit) (1) Non-controlling interests (Losses) earnings (Dollars in millions, except per share amounts; shares in thousands) Three months ended December 31, 2018 Three months ended December 31, 2017 Sempra Energy GAAP Earnings (Losses) $ 864 $ (501) 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 — 870 — 870 Aliso Canyon litigation reserves — — — — 20 — — 20 Sempra Energy Adjusted Earnings $ 431 $ 389 Diluted earnings (losses) per common share (2): Sempra Energy GAAP Earnings (Losses) $ 900 (3) $ (501) Weighted-average shares outstanding, diluted – GAAP 296,429 251,902 Sempra Energy GAAP EPS $ 3.03 (3) $ (1.99) Sempra Energy Adjusted Earnings $ 431 $ 389 Weighted-average shares outstanding, diluted – Adjusted 276,230 (4) 252,725 (5) Sempra Energy Adjusted EPS $ 1.56 (4) $ 1.54 (5) Year ended December 31, 2018 Year ended December 31, 2017 Sempra Energy GAAP Earnings $ 924 $ 256 Excluded items: Gain on sale of certain Sempra Renewables assets $ (513) $ 146 $ — (367) $ — $ — $ — — Impairment of investment in RBS Sempra Commodities 65 — — 65 — — — — Impairment of non-utility natural gas storage assets 1,117 (452) (36) 629 — — — — Impairment of U.S. wind equity method investments 200 (55) — 145 — — — — Impacts associated with Aliso Canyon litigation 1 21 — 22 — — — — Impact from the TCJA — 85 — 85 — 870 — 870 Write-off of wildfire regulatory asset — — — — 351 (143) — 208 Impairment of TdM assets held for sale — — — — 71 — (24) 47 Aliso Canyon litigation reserves — — — — 20 — — 20 Deferred income tax benefit associated with TdM — — — — — (8) 3 (5) Recoveries related to 2016 permanent release of pipeline capacity — — — — (47) 19 — (28) Sempra Energy Adjusted Earnings $ 1,503 $ 1,368 Diluted earnings per common share: Sempra Energy GAAP EPS $ 3.42 $ 1.01 Sempra Energy Adjusted EPS $ 5.57 $ 5.42 Weighted-average shares outstanding, diluted 269,852 252,300 (1) Except for adjustments that are solely income tax and tax related to outside basis differences, income taxes were primarily calculated based on applicable statutory tax rates. Income taxes associated with TdM were calculated based on the applicable statutory tax rate, including translation from historic to current exchange rates. An income tax benefit of $12 million associated with the 2017 TdM impairment has been fully reserved. (2) For the three months ended December 31, 2018, the assumed conversion of the mandatory convertible preferred stock is dilutive for GAAP earnings, but antidilutive for the lower adjusted earnings. (3) Due to the dilutive effect of the mandatory convertible preferred stock, the numerator used to calculate GAAP EPS includes an add-back of $36 million of mandatory convertible preferred stock dividends declared in that quarter. (4) Due to the antidilutive effect of the mandatory convertible preferred stock, the denominator used to calculate Adjusted EPS excludes 20,199 shares of mandatory convertible preferred stock. (5) The denominator used to calculate Adjusted EPS includes 823 shares of potentially dilutive securities, which were excluded from GAAP EPS because to include them would have decreased the loss per share. SEMPRA ENERGY Table A (Continued) SEMPRA ENERGY 2019 ADJUSTED EPS GUIDANCE RANGE (Unaudited) Sempra Energy 2019 Adjusted EPS Guidance Range of $5.70 to $6.30 excludes: an approximate $35 million after-tax (1) (approximately $50 million pretax) gain, plus working capital and other customary adjustments, related to our agreement to sell the remaining U.S. renewables assets and investments to American Electric Power any potential gain from the planned sale, as well as income tax expense related to an expected change in our indefinite reinvestment assertions, resulting from our decision in January 2019 to hold our South American businesses for sale Sempra Energy 2019 Adjusted EPS Guidance is a non-GAAP financial measure. Because of the significance and nature of the excluded items, management believes that this non-GAAP measure provides better clarity into the ongoing results of the business and the comparability of such results to prior and future periods. Sempra Energy 2019 Adjusted EPS Guidance should not be considered an alternative to 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. Because the sale process for the planned divestiture of our South American businesses was only recently initiated in January 2019, the terms and structure of any potential sale transaction or transactions are unknown, including terms that would impact income tax expense resulting from an expected change in our assertion regarding indefinite reinvestment of foreign undistributed earnings, including the timing and amounts of repatriation of such earnings. (1) Income taxes were estimated based on statutory tax rates. SEMPRA ENERGY Table B CONSOLIDATED BALANCE SHEETS (Dollars in millions) December 31, 2018 December 31, 2017 Assets Current assets: Cash and cash equivalents $ 190 $ 288 Restricted cash 35 62 Accounts receivable, net 1,850 1,584 Due from unconsolidated affiliates 39 37 Income taxes receivable 68 110 Inventories 296 307 Regulatory assets 138 325 Greenhouse gas allowances 59 299 Assets held for sale 713 127 Other 257 202 Total current assets 3,645 3,341 Other assets: Restricted cash 21 14 Due from unconsolidated affiliates 688 598 Regulatory assets 1,589 1,517 Nuclear decommissioning trusts 974 1,033 Investment in Oncor Holdings 9,652 — Other investments 2,337 2,527 Goodwill 2,373 2,397 Other intangible assets 272 596 Dedicated assets in support of certain benefit plans 416 455 Insurance receivable for Aliso Canyon costs 461 418 Deferred income taxes 151 170 Greenhouse gas allowances 289 93 Sundry 974 792 Total other assets 20,197 10,610 Property, plant and equipment, net 36,796 36,503 Total assets $ 60,638 $ 50,454 SEMPRA ENERGY Table B (Continued) CONSOLIDATED BALANCE SHEETS (Dollars in millions) December 31, 2018 December 31, 2017 Liabilities and Equity Current liabilities: Short-term debt $ 2,079 $ 1,540 Accounts payable 1,474 1,523 Due to unconsolidated affiliates 10 7 Dividends and interest payable 499 342 Accrued compensation and benefits 469 439 Regulatory liabilities 105 109 Current portion of long-term debt 1,673 1,427 Reserve for Aliso Canyon costs 160 84 Greenhouse gas obligations 59 299 Liabilities held for sale 25 49 Other 970 816 Total current liabilities 7,523 6,635 Long-term debt 21,611 16,445 Deferred credits and other liabilities: Due to unconsolidated affiliates 37 35 Pension and other postretirement benefit plan obligations, net of plan assets 1,161 1,148 Deferred income taxes 2,571 2,767 Deferred investment tax credits 24 28 Regulatory liabilities 4,016 3,922 Asset retirement obligations 2,787 2,732 Greenhouse gas obligations 131 — Deferred credits and other 1,529 1,602 Total deferred credits and other liabilities 12,256 12,234 Equity: Sempra Energy shareholders' equity 17,138 12,670 Preferred stock of subsidiary 20 20 Other noncontrolling interests 2,090 2,450 Total equity 19,248 15,140 Total liabilities and equity $ 60,638 $ 50,454 SEMPRA ENERGY Table C CONSOLIDATED STATEMENTS OF CASH FLOWS Years ended December 31, (Dollars in millions) 2018 2017 Cash Flows from Operating Activities Net income $ 1,126 $ 351 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 1,549 1,490 Deferred income taxes and investment tax credits (182) 1,160 Write-off of wildfire regulatory asset — 351 Impairment losses 1,122 72 Gain on sale of assets (524) (3) Equity earnings, net (176) (76) Share-based compensation expense 83 82 Fixed-price contracts and other derivatives (10) 7 Other 315 67 Net change in other working capital components 173 57 Insurance receivable for Aliso Canyon costs (43) 188 Changes in other noncurrent assets and liabilities, net 14 (121) Net cash provided by operating activities 3,447 3,625 Cash Flows from Investing Activities Expenditures for property, plant and equipment (3,784) (3,949) Expenditures for investments and acquisitions, net of cash andcash equivalents acquired (10,376) (270) Proceeds from sale of assets, net of cash and restricted cash sold 1,593 17 Distributions from investments 10 26 Purchases of nuclear decommissioning trust assets (890) (1,314) Proceeds from sales by nuclear decommissioning trust assets 890 1,314 Advances to unconsolidated affiliates (102) (531) Repayments of advances to unconsolidated affiliates 71 9 Other 31 (2) Net cash used in investing activities (12,557) (4,700) Cash Flows from Financing Activities Common dividends paid (877) (755) Preferred dividends paid (89) — Preferred dividends paid by subsidiary (1) (1) Issuances of mandatory convertible preferred stock, net of $42 in offering costs in 2018 2,258 — Issuances of common stock, net of $41 in offering costs in 2018 2,272 47 Repurchases of common stock (21) (15) Issuances of debt (maturities greater than 90 days) 9,174 4,509 Payments on debt (maturities greater than 90 days) (3,510) (2,800) Decrease in short-term debt, net (124) (36) Advances from unconsolidated affiliates — 35 Proceeds from sale of noncontrolling interests, net of $1 and $3 in offering costs, respectively 90 196 Net distributions to noncontrolling interests (43) (130) Settlement of cross-currency swaps (33) — Other (90) (43) Net cash provided by financing activities 9,006 1,007 Effect of exchange rate changes on cash, cash equivalents and restricted cash (14) 7 Decrease in cash, cash equivalents and restricted cash (118) (61) Cash, cash equivalents and restricted cash, January 1 364 425 Cash, cash equivalents and restricted cash, December 31 $ 246 $ 364 SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS Three months endedDecember 31, Years endedDecember 31, (Dollars in millions) 2018 2017 2018 2017 (unaudited) Earnings (Losses) San Diego Gas & Electric $ 148 $ 131 $ 669 $ 407 Southern California Gas 156 128 400 396 Sempra Texas Utility 88 — 371 — Sempra South American Utilities 59 52 199 186 Sempra Mexico 76 64 237 169 Sempra Renewables 382 203 328 252 Sempra LNG & Midstream 147 126 (617) 150 Parent and other (192) (1,205) (663) (1,304) Total $ 864 $ (501) $ 924 $ 256 Three months endedDecember 31, Years endedDecember 31, (Dollars in millions) 2018 2017 2018 2017 (unaudited) Capital Expenditures, Investments and Acquisitions San Diego Gas & Electric $ 348 $ 433 $ 1,542 $ 1,555 Southern California Gas 411 334 1,538 1,367 Sempra Texas Utility 179 — 9,457 — Sempra South American Utilities 287 106 448 245 Sempra Mexico 148 202 468 467 Sempra Renewables 10 136 56 497 Sempra LNG & Midstream 104 15 306 68 Parent and other (63) 3 345 20 Capital Expenditures, Investments and Acquisitions $ 1,424 $ 1,229 $ 14,160 $ 4,219 SEMPRA ENERGY Table E OTHER OPERATING STATISTICS (Unaudited) Three months endedDecember 31, Years ended or atDecember 31, UTILITIES 2018 2017 2018 2017 SDG&E and SoCalGas Gas sales (Bcf) (1) 93 88 337 341 Transportation (Bcf) (1) 134 150 581 638 Total deliveries (Bcf) (1) 227 238 918 979 Total gas customer meters (thousands) 6,885 6,846 SDG&E Electric sales (millions of kWhs) (1) 3,643 3,845 15,125 15,617 Direct Access and Community Choice Aggregation (millions of kWhs) 947 864 3,628 3,394 Total deliveries (millions of kWhs) (1) 4,590 4,709 18,753 19,011 Total electric customer meters (thousands) 1,459 1,446 Oncor (2) Total deliveries (millions of kWhs) 29,800 — 107,276 — Total electric customer meters (thousands) 3,621 — Ecogas Natural gas sales (Bcf) — 7 7 29 Natural gas customer meters (thousands) 123 120 Chilquinta Energía Electric Sales (Millions of kWhs) 739 735 2,948 2,936 Tolling (Millions of kWhs) 85 27 303 98 Total Deliveries (Millions of kWhs) 824 762 3,251 3,034 Electric customer meters (thousands) 722 704 Luz del Sur Electric Sales (Millions of kWhs) 1,661 1,678 6,760 6,999 Tolling (Millions of kWhs) 649 539 2,385 1,922 Total Deliveries (Millions of kWhs) 2,310 2,217 9,145 8,921 Electric customer meters (thousands) 1,134 1,102 ENERGY-RELATED BUSINESSES Power generated and sold (millions of kWhs) Sempra Mexico (3) 1,404 1,305 5,250 4,337 Sempra Renewables (4) 1,036 1,075 4,799 4,175 (1) Includes intercompany sales. (2) Includes 100 percent of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an 80.25-percent interest through our March 2018 acquisition of our equity method investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings). Total deliveries for the year ended December 31, 2018 only include volumes from the March 9, 2018 acquisition date. (3) Includes power generated and sold at the TdM natural gas-fired power plant and the Ventika wind power generation facilities. Also includes 50 percent of total power generated and sold at the Energía Sierra Juárez wind power generation facility, in which Sempra Energy has a 50-percent ownership interest. Energía Sierra Juárez is not consolidated within Sempra Energy, and the related investment is accounted for under the equity method. (4) We include 50 percent of total power generated and sold related to U.S. solar and wind projects in which Sempra Energy has a 50-percent ownership. These subsidiaries are not consolidated within Sempra Energy, and the related investments are accounted for under the equity method. On June 25, 2018, our board of directors approved a plan to sell all U.S. wind and solar assets and investments. For assets and investments sold in December 2018, we include their power generated and sold up to the date of the sale. SEMPRA ENERGY Table F (Unaudited) STATEMENT OF OPERATIONS DATA BY SEGMENT Three months ended December 31, 2018 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 1,163 $ 1,262 $ — $ 395 $ 348 $ 21 $ 142 $ (110) $ 3,221 Cost of sales and other expenses (737) (882) — (293) (175) (26) (122) 106 (2,129) Depreciation and amortization (179) (142) — (15) (44) — (2) (9) (391) Write-off and reduction in impairment losses — — — — — — 183 (1) 182 Gain (loss) on sale of assets — 1 — 1 (1) 513 — — 514 Other (expense) income, net (21) (34) — 10 (63) 1 — (17) (124) Income (loss) before interest and tax (1) 226 205 — 98 65 509 201 (31) 1,273 Net interest (expense) income (59) (32) — 2 (13) 2 10 (122) (212) Income tax (expense) benefit (22) (17) — (31) 41 (138) (53) (3) (223) Equity earnings (losses), net — — 88 — 38 1 (1) — 126 Losses (earnings) attributable to noncontrolling interests 3 — — (10) (55) 8 (10) — (64) Preferred dividends — — — — — — — (36) (36) Earnings (losses) $ 148 $ 156 $ 88 $ 59 $ 76 $ 382 $ 147 $ (192) $ 864 Three months ended December 31, 2017 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 1,125 $ 1,090 $ — $ 398 $ 323 $ 20 $ 134 $ (126) $ 2,964 Cost of sales and other expenses (2) (698) (729) — (312) (165) (19) (136) 111 (1,948) Depreciation and amortization (171) (131) — (14) (42) (10) (11) (5) (384) Other income (expense), net (2) 9 (20) — 6 (85) 1 1 (1) (89) Income (loss) before interest and tax (1)(3) 265 210 — 78 31 (8) (12) (21) 543 Net interest (expense) income (52) (25) — 3 (13) (1) 3 (61) (146) Income tax (expense) benefit (83) (57) — (23) 51 201 136 (1,123) (898) Equity earnings (losses), net (3) — — — 2 45 4 (1) — 50 Losses (earnings) attributable to noncontrolling interests 1 — — (8) (50) 7 — — (50) Earnings (losses) $ 131 $ 128 $ — $ 52 $ 64 $ 203 $ 126 $ (1,205) $ (501) (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) As adjusted for the retrospective adoption of ASU 2017-07. (3) As adjusted for a reclassification to conform to current year presentation. SEMPRA ENERGY Table F (Unaudited) STATEMENT OF OPERATIONS DATA BY SEGMENT Year ended December 31, 2018 (Dollars in millions) SDG&E SoCalGas Sempra Texas Utility Sempra South American Utilities Sempra Mexico Sempra Renewables Sempra LNG & Midstream Consolidating Adjustments, Parent & Other Total Revenues $ 4,568 $ 3,962 $ — $ 1,585 $ 1,376 $ 124 $ 472 $ (400) $ 11,687 Cost of sales and other expenses (2,870) (2,816) — (1,218) (628) (94) (446) 327 (7,745) Depreciation and amortization (688) (556) — (58) (175) (27) (26) (19) (1,549) Write-off and impairment losses — — — — (4) — (1,117) (1) (1,122) Gain (loss) on sale

Sempra Energy To Commence Formal Process To Sell Businesses In Peru And Chile

SAN DIEGO, Feb. 25, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that, in support of the company's North American strategy, it will launch a formal process in March for the previously announced sale of its equity interests in its South American businesses, including its 83.6-percent stake in Luz del Sur S.A.A. in Peru and 100-percent stake in Chilquinta Energía S.A. in Chile. "Our businesses in Peru and Chile are considered some of the most admired and desirable companies in the region," said Trevor I. Mihalik, executive vice president and chief financial officer of Sempra Energy. "We expect this to be a highly competitive process with strong interest from both strategic and financial investors." Bank of America Merrill Lynch (BAML) and Lazard will act as financial advisors to Sempra Energy in connection with the planned sale, and White & Case will act as legal advisor. Following today's announcement, any interested parties who would like more information should contact BAML or Lazard. The planned sale also includes Sempra Energy's interests in two energy-services companies, Tecnored and Tecsur, which provide electric construction and infrastructure services to Chilquinta Energía and Luz del Sur, respectively. Sempra Energy expects the sale process to be completed by the end of 2019. Luz del Sur serves more than 4.9 million consumers in the southern region of Lima, Peru, and is the largest electric company in that country. Luz del Sur also is active in the development and operation of hydroelectric projects, including its Santa Teresa hydroelectric plant in central Peru. Chilquinta Energía is the third-largest distributor of electricity in Chile. The utility provides electricity to more than 2 million consumers in the cities of Valparaiso and Viña del Mar in central Chile, and also is active in the development and operation of electric transmission lines. Sempra Energy, a San Diego-based energy infrastructure company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Such forward-looking statements include, but are not limited to, statements about the timing of the anticipated transactions contemplated by the planned sale of our equity interests in our South American businesses, and any of our post-sale plans and intentions, and other statements that are not historical facts. The following important factors, among others, could cause actual results to differ materially from those set forth in the forward-looking statements: the risk that we will be unable to enter into definitive agreements and consummate the planned sale; the risk that we are unable to consummate the planned sale within the anticipated timeline; the risk that the proceeds from the planned sale may be lower than expected; disruption from the planned sale making it more difficult to maintain relationships with customers, employees or suppliers; and the diversion of management time and attention to issues related to the planned sale. Additional factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts, major acquisitions such as our interest in Oncor, and construction projects, including risks in (i) timely obtaining or maintaining permits and other authorizations, (ii) completing construction projects on schedule and on budget, (iii) obtaining the consent and participation of partners and counterparties and their ability to fulfill contractual commitments, and (iv) not realizing anticipated benefits; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our equity and debt securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit and the liquidity of our investments; and volatility in inflation, interest and currency exchange rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and commitments, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

Sempra Energy Raises Annualized Common Stock Dividend For 9th Consecutive Year, Declares Dividends

SAN DIEGO, Feb. 22, 2019 /PRNewswire/ -- Sempra Energy (NYSE:SRE) today announced that on Feb. 21, 2019, its board of directors approved an 8.1-percent increase in the dividend on shares of the company's common stock to $3.87 per share, on an annualized basis, from $3.58 per share. This is the ninth consecutive year that Sempra Energy has increased its common stock dividend, which has grown more than 47 percent since 2014. The first quarterly installment of the new common stock dividend, $0.9675 per share, is payable April 15, 2019, to common stock shareholders of record as of March 22, 2019. Sempra Energy's board of directors also declared a quarterly dividend of $1.50 per share on the company's 6-percent Mandatory Convertible Preferred Stock, Series A. Additionally, the board of directors declared a quarterly dividend of $1.6875 per share on the company's 6.75-percent Mandatory Convertible Preferred Stock, Series B. The preferred stock dividends will be payable April 15, 2019, to preferred stock shareholders of record as of April 1, 2019. Sempra Energy, a San Diego-based energy infrastructure company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts, major acquisitions such as our interest in Oncor, and construction projects, including risks in (i) timely obtaining or maintaining permits and other authorizations, (ii) completing construction projects on schedule and on budget, (iii) obtaining the consent and participation of partners and counterparties and their ability to fulfill contractual commitments, and (iv) not realizing anticipated benefits; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our equity and debt securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit and the liquidity of our investments; and volatility in inflation, interest and currency exchange rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and commitments, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

Renewable Natural Gas Now Flowing into SoCalGas Pipelines from Calgren Dairy Digester Pipeline Cluster

LOS ANGELES, Feb. 14, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and biogas producer Calgren Dairy Fuels (Calgren) today announced that renewable natural gas produced at Calgren's dairy digester facility in Pixley, California is being injected into SoCalGas pipelines. The project marks the first time that carbon-negative renewable natural gas produced from cow manure has been injected directly into SoCalGas' natural gas system. In August 2018, SoCalGas began receiving renewable natural gas into its system from CR&R, Inc.'s anaerobic digestion facility in Perris, California. The renewable natural gas from that digestion facility is already being used to fuel about 400 waste hauling trucks. Renewable natural gas is a carbon-negative fuel produced from waste and agriculture that can be used in trucks and buses, to generate electricity, fuel heating systems in homes and businesses, and for cooking. "Developing renewable natural gas is a smart and cost-effective solution to reducing greenhouse gas emissions from the transportation and building sectors," said Sharon Tomkins SoCalGas vice president for customer solutions and strategy. "Replacing just 16 to 20 percent of our traditional natural gas with renewable natural gas would reduce emissions equal to electrifying 100 percent of buildings in the state, but it would be two to three times more cost-effective. Moreover, the renewable natural gas solution does not require expensive appliance changeouts or costly new mandates." "We are proud of what we have accomplished here," said Lyle Schlyer, Calgren's President. "The benefits of this partnership between dairy farmers, private industry and SoCalGas are numerous. We produce clean renewable natural gas for use as a carbon-negative fuel which benefits the local community through cleaner air and jobs." "Renewable natural gas options have presented themselves as an incredibly viable way of achieving our environmental sustainability goals," said Assemblymember Devon J. Mathis. " Tulare County is the dairy capital of the world, and it's wonderful to see a logical blend of agriculture and technology in a way which benefits everyone. The potential for these technologies is outstanding and deserves to be further developed and funded." "The biogas project brought to Tulare County by Calgren will be a welcomed economic benefit to Tulare County communities," said Pete Vander Poel, Vice Chair of the Tulare County Board of Supervisors. "This new energy sector will not only reduce greenhouse gases and improve air quality, it will provide real job opportunities for County residents and economic growth." Calgren's facility, known as a dairy digester pipeline cluster, will collect biogas from anaerobic digesters at 12 Tulare County dairies then clean it to produce pipeline-quality renewable natural gas. This is the first such dairy digester pipeline cluster in California and is expected to be the largest dairy biogas operation in the U.S. when Calgren adds 9 additional dairies later this year. The facility will capture the methane produced from the manure of more than 75,000 cows, preventing about 130,000 tons of greenhouse gas from entering the atmosphere each year, the equivalent of taking more than 25,000 passenger cars off the road for a year. SoCalGas will be capable of adding up to 2.26 billion cubic feet of renewable natural gas each year to its pipeline system from the facility, enough to fuel more than 1,200 Class 8 heavy duty trucks. Renewable natural gas can be produced from dairy manure, food waste, landfills, and wastewater treatment plants and other sources. Capturing this otherwise wasted gas and turning it into a renewable fuel significantly reduces greenhouse gas emissions from these waste sources. Research shows that California can achieve the same greenhouse gas emissions reductions as electrifying 100 percent of the state's buildings by displacing 16 to 20 percent of traditional natural gas with renewable natural gas sourced from dairies, landfills and wastewater treatment plants. This scenario is two to three times more cost-effective than mandated electrification and does not require expensive appliance change outs or impose limitations on the forms of energy Californians can choose. A renewable natural gas solution to reducing emissions from the transportation and building sectors is also consistent with the mandate under Senate Bill 1383 to reduce short-lived climate pollutants, 80 percent of which comes from waste streams, dairies and agriculture. Today, there are already 24 California dairy methane capture projects either operating or in development, and experts estimate there could be as many as 120 projects funded and operating in next five years. In addition, as the state seeks to divert organic waste from landfills and capture emissions from wastewater treatment plants, more and more renewable natural gas will become available. The Calgren project and others like it are partly funded under California's Dairy Digester Research and Development Program, which aims to reduce greenhouse gas emissions from manure generated at state dairy farms. Calgren's preference is to provide renewable fuel for existing CNG refuelers in California via SoCalGas' pipeline system. However, the Calgren facility is also able to use the renewable gas to indirectly produce a high-octane gasoline additive or in a new biodiesel plant that will come online midyear. Another source of renewable energy for California As California policymakers have sought to expand the production and use of renewable energy, SoCalGas has been working to increase the amount of renewable natural gas produced in California and delivered to its customers. Renewable natural gas can be produced from waste at landfills, wastewater treatment plants, food processing and dairies. Consumer preference polls support the increased production and use of renewable natural gas. Research shows nine out of 10 California families use natural gas in their homes and prefer it by a margin of 4 to 1 over electricity. In addition, strong majorities of consumers—nearly 80 percent—prefer to use natural gas for cooking in their homes, and nearly two-thirds of consumers believe gas is their most affordable energy choice. According to the American Gas Association (AGA), households that use natural gas for water and space heating, cooking and clothes drying save an average of $874 per year compared to homes using electricity for those applications. In addition, renewable natural gas is available day and night to complement other renewable energy sources like solar and wind, making the entire energy system cleaner and more reliable Renewable natural gas has already begun to clean the air and reduce greenhouse gas emissions in California's transportation sector, which accounts for more than 80 percent of smog forming emissions and about 40 percent of greenhouse gas emissions in the state. The latest generation of natural gas engines for heavy duty vehicles can reduce smog-forming emissions by more than 90 percent. When fueled with renewable natural gas, they can reduce greenhouse gas emissions by 80 percent or more. Already, more than 60 percent of natural gas trucks in California are fueled by renewable gas delivered by SoCalGas pipelines. For more information on renewable natural gas, go to: socalgas.com/smart-energy About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States, providing clean, safe, affordable and reliable natural gas service to 21.7 million customers in Central and Southern California. Its service territory spans 22,000 square miles from Fresno to the Mexican border, reaching more than 550 communities through 5.9 million meters and 101,000 miles of pipeline. More than 90 percent of Southern California single-family home residents use natural gas for home heat and hot water. In addition, natural gas plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas has served communities in California for 150 years and is committed to being a leader in the region's clean energy future. The company is working to accelerate the use of renewable natural gas, a carbon-neutral or carbon-negative fuel created by capturing and conditioning greenhouse gas emissions from farms, landfills and wastewater treatment plants. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Calgren Dairy Fuels, LLC With its affiliates, Calgren has been producing renewable fuels in California's Central Valley since 2008. The carbon intensity of its fuel ethanol is among the lowest available. As a result of its pipeline dairy digester project, Calgren will be able to add renewable compressed natural gas to its slate of products. The company is also constructing a facility to produce biodiesel from waste feed stocks without the use of chemical catalysts. SOURCE Southern California Gas Company

SoCalGas Declares Preferred Dividends

LOS ANGELES, Feb. 13, 2019 /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, 2019, to shareholders of record on March 10, 2019. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company

Sempra Energy To Report 2018 Year-End Earnings Feb. 26

SAN DIEGO, Feb. 13, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) plans to release its fourth-quarter and year-end 2018 earnings at 7 a.m. ET, Feb. 26. Sempra Energy executives will conduct a conference call at 12 p.m. ET, Feb. 26. Investors, media, analysts and the public may listen to a live webcast of the conference call on the company's website, sempra.com, and by clicking on the appropriate audio link. Prior to the conference call, a slide presentation detailing the earnings results also will be posted at 7 a.m. ET, Feb. 26, on Sempra Energy's website. For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 2787825 or it can be accessed on the company's website. Sempra Energy, a San Diego-based energy infrastructure company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. SOURCE Sempra Energy

Sempra Energy To Sell US Wind Assets To American Electric Power

SAN DIEGO, Feb. 12, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that it has entered into an agreement to complete the sale of its U.S. renewables business by selling its remaining wind operating and development assets to American Electric Power (AEP) for $551 million in cash, subject to closing adjustments and working capital. "The agreement to sell our U.S. wind assets along with the previously announced sales of our U.S. solar and natural gas storage assets are expected to generate approximately $2.5 billion in cash proceeds to support our growth plan as we strive to become North America's premier energy infrastructure company," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "The timing of these asset sales is important as we look to redeploy new capital into important growth at our U.S. utilities where we are improving the safety and reliability of electric and gas service." The agreement to sell the remainder of Sempra Renewables, a subsidiary of Sempra Energy, includes the Black Oak Getty Wind project in Minnesota and the Apple Blossom Wind project in Michigan, as well as its interests in the following projects jointly owned with BP Wind Energy: Auwahi Wind in Hawaii (wind and battery storage), Flat Ridge 2 Wind in Kansas, Mehoopany Wind in Pennsylvania, Cedar Creek 2 Wind in Colorado, and Fowler Ridge 2 Wind in Indiana. AEP also will acquire all of the Sempra Renewables wind projects currently in development. The sale to AEP comprises approximately 724 megawatts of capacity in Sempra Energy's non-utility U.S. renewables portfolio. The sale is expected to be completed in the second quarter of 2019. The sale is subject to customary closing conditions and consents, including Federal Energy Regulatory Commission and Hart-Scott-Rodino Antitrust Improvements Act approvals. Credit Suisse and J.P. Morgan are serving as Sempra Energy's lead financial advisors on the sale and Latham & Watkins LLP is serving as its legal advisor. American Electric Power is one of the nation's largest investor-owned energy-delivery companies, with approximately $16 billion in annual revenues and $69 billion in assets. Sempra Energy, a San Diego-based energy infrastructure company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts, major acquisitions such as our interest in Oncor, and construction projects, including risks in (i) timely obtaining or maintaining permits and other authorizations, (ii) completing construction projects on schedule and on budget, (iii) obtaining the consent and participation of partners and counterparties and their ability to fulfill contractual commitments, and (iv) not realizing anticipated benefits; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our equity and debt securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit and the liquidity of our investments; and volatility in inflation, interest and currency exchange rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and commitments, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. Media Contact: Amber Albrecht Sempra Energy 877-340-8875 www.sempra.com Financial Contact: Patrick Billings Sempra Energy 877-736-7727 investor@sempra.com SOURCE Sempra Energy

SoCalGas Unveils "Natural Gas is Clean, Renewable and Affordable" Display at World Agricultural Expo in Tulare

LOS ANGELES, Feb. 11, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the utility will participate in the World Agricultural Expo in Tulare, Calif. The theme for this year's SoCalGas display is "Clean, Renewable and Affordable" and will highlight the important role natural gas plays in California's clean energy future. Visitors to the SoCalGas exhibit booth will learn about the benefits of natural gas by taking the "SoCalGas Challenge" – a series of five stations each highlighting the value of natural gas. The stations include information on residential energy efficiency programs, business energy efficiency programs, customer assistance programs, natural gas vehicles and renewable energy. "Our display at the World Agricultural Expo is a way for SoCalGas to show how natural gas can help the state achieve its climate goals in a way that is affordable for all Californians," said Sharon Tomkins, vice president of customer solutions and strategy at SoCalGas. "The San Joaquin Valley's agricultural and dairy industries, which can produce renewable fuels, uniquely positions the region to play a large role in attaining those goals." Each attendee who participates in the "SoCalGas Challenge" by collecting stamps from each station will have the opportunity to spin the SoCalGas prize wheel. This year, SoCalGas is giving away smart thermostats, low-flow showerheads, leather work gloves and other items. SoCalGas' 30-foot "Giant Shovel" will return to the Expo once again this year to bring attention to SoCalGas' safety initiatives and programs. A near-zero 12-liter heavy-duty natural gas truck will also be part of the SoCalGas display. The SoCalGas exhibit will be located at H and Median Streets in the northwest section of the International Agri-Center. Visitors to the SoCalGas exhibit will: learn about the more than 90 energy efficiency programs SoCalGas offers sign up for the CARE program and the Energy Savings Assistance Program find out how heavy-duty near-zero natural gas trucks can help clean the air along California's transportation corridors learn about projects at California dairies that will produce renewable natural gas and other renewable energy projects SoCalGas is a leader in the research and development of new technologies that increase energy efficiency, reduce air pollution and greenhouse gas emissions and keep bills affordable for customers. Last year, SoCalGas awarded more than $5.7 million in rebates to residential customers and more than $7.2 million in rebates to business customers. In the last five years alone, SoCalGas energy efficiency programs have saved more than 146 million therms, enough to power 326,000 households a year. These programs also generated nearly $862 million in avoided energy costs, including $161 million in annual customer bill savings during that same 5-year period. SoCalGas is committed to helping California achieve its climate goals, which is why the utility is working to get more renewable natural gas (RNG) flowing into its pipeline system. RNG can be used anywhere conventional natural gas is used – to heat your homes, cook your food or as a transportation fuel. Currently, SoCalGas is investing more than $150 million in four dairy RNG pilot projects in the San Joaquin Valley. It is anticipated that 45 California dairies will be producing RNG for injection into utility pipelines in the next few years. This is important because research by the University of California, Davis suggests more than 20 percent of California's current residential natural gas use can be provided by RNG made from the state's existing organic waste. RNG is one of many clean and renewable tools available as the state looks for climate solutions. The SoCalGas exhibit will also provide information on other available technologies, such as power-to-gas, which converts excess electricity into hydrogen or renewable methane that can be stored in natural gas pipelines and used as needed. Research also shows that renewable natural gas is a cost-effective solution to reducing emissions in buildings. A recent study showed that California can achieve the same greenhouse gas emissions reductions as electrifying 100 percent of the state's buildings by displacing 16 to 20 percent of traditional natural gas with renewable natural gas sourced from dairies, landfills and wastewater treatment plants. This scenario is two to three times more cost-effective than mandated electrification and does not require expensive appliance change outs or impose limitations on the forms of energy Californians can choose. A renewable natural gas solution to reducing emissions from the transportation and building sectors is also consistent with the mandate under Senate Bill 1383 to reduce short-lived climate pollutants, 80 percent of which comes from waste streams, dairies and agriculture. Today, there are already 24 California dairy methane capture projects either operating or in development, and experts estimate there could be as many as 120 projects funded and operating in next five years. In addition, as the state seeks to divert organic waste from landfills and capture emissions from wastewater treatment plants, more and more renewable natural gas will become available. World Agricultural Expo attendees will also have the opportunity to learn about heavy duty near-zero natural gas vehicles and how they can reduce smog-forming NOx emissions by 90 percent. When these vehicles are fueled by RNG, they can also cut greenhouse gas emissions by at least 80 percent. Representatives will be available during the Expo to explain the benefits of natural gas vehicles and discuss the SoCalGas Truck Loan Program which allows qualified fleet owners to "try before you buy" a 12-liter heavy-duty natural gas truck for up to two weeks. Company representatives at the SoCalGas exhibit will also encourage visitors to sign up for its assistance programs like California Alternate Rates for Energy (CARE), which saves eligible customers 20 percent on their natural gas bills, and the Energy Savings Assistance Program, which offers qualifying customers energy-saving home improvements like insulation, weather stripping, caulking, and low-flow shower heads at no charge. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook . SOURCE Southern California Gas Company

Sempra Energy Completes Sale Of U.S. Natural Gas Storage Assets To ArcLight Capital Partners

SAN DIEGO, Feb. 7, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that it has completed the sale of its non-utility U.S. natural gas storage facilities to an affiliate of ArcLight Capital Partners (ArcLight) for $328 million in cash, subject to customary post-closing adjustments. ArcLight's affiliate Enstor Gas will operate the facilities going forward. "With the sale of these assets, we can reallocate capital toward growing our core electric and natural gas infrastructure businesses," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "We are focused on expanding our leadership position in the most attractive markets as we strive to become North America's premier energy infrastructure company." The non-utility natural gas storage assets included in the sale are the Mississippi Hub storage facility in Simpson County, Miss., with a working capacity of 22.3 billion cubic feet (Bcf) of natural gas, and the Bay Gas storage facility in Southwest Alabama, which comprises five underground caverns with a working capacity of 20.4 Bcf of natural gas. The sale included Sempra Energy's approximate 91-percent stake in Bay Gas. Immediately prior to the sale, Sempra Energy's subsidiary acquired the approximate 9-percent interest from a minority owner and included it in the sale to ArcLight. ArcLight owns now 100 percent of Mississippi Hub and Bay Gas. Sempra Energy's financial advisor for this transaction is Wells Fargo Securities, LLC, and its legal advisor is Jones Day. ArcLight is one of the leading private equity firms focused on energy infrastructure investments. Founded in 2001, the firm helped pioneer an asset-based private equity approach to investing in the dynamic energy sector. ArcLight has invested approximately $21 billion in over 100 transactions since inception. Based in Boston, the firm's investment team employs a hands-on value creation strategy that utilizes its in-house technical, operational, and commercial specialists and works closely with the firm's 1,000-person asset management affiliate. Sempra Energy, a San Diego-based electric and natural gas infrastructure company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the timing and success of business development efforts, major acquisitions such as our interest in Oncor, and construction projects, including risks in (i) timely obtaining or maintaining permits and other authorizations, (ii) completing construction projects on schedule and on budget, (iii) obtaining the consent and participation of partners and counterparties and their ability to fulfill contractual commitments, and (iv) not realizing anticipated benefits; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; and delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; our ability to successfully execute our plan to divest certain non-utility assets within the anticipated timeframe, if at all, or that such plan may not yield the anticipated benefits; actions of activist shareholders, which could impact the market price of our equity and debt securities and disrupt our operations as a result of, among other things, requiring significant time and attention by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit and the liquidity of our investments; and volatility in inflation, interest and currency exchange rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and commitments, or the determination by Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

SDG&E's 2019 Wildfire Mitigation Plan Builds On Past Successes To Further Strengthen Fire Preparedness & Safety

SAN DIEGO, Feb. 6, 2019 /PRNewswire/ -- As conversations about climate change and wildfires continue to be at the forefront of California policy discussions, San Diego Gas & Electric (SDG&E) has developed a comprehensive 2019 Wildfire Mitigation Plan (the Plan), designed to help prevent electric equipment-related fires, improve the resiliency of the regional power grid to withstand extreme weather conditions, and enhance the company's highest priority: keeping customers and the communities it serves safe. The Plan builds upon the wildfire mitigation programs SDG&E has been developing and implementing over the past decade. Submitted to the California Public Utilities Commission on Feb. 6 in accordance with Senate Bill 901, the Plan outlines the ongoing practices and additional improvements the company will undertake beyond the more than $1 billion in investments that SDG&E has made over the past decade to adapt to the effects of the changing climate and threat of year-round wildfires. "Every year, climate change presents new risks and challenges that we must prepare for and adapt to," said Caroline Winn, chief operating officer for SDG&E. "Our engineers, fire science and climate adaption experts are continuing to develop and implement industry-leading wildfire mitigation tactics to help protect our communities. There is no higher priority for us than the safety of our customers." In addition to the actions that SDG&E intends to implement in the Plan, the company recognizes that state policy makers are actively examining additional solutions to proactively help mitigate wildfire risk throughout the state. SDG&E looks forward to hearing the recommendations from the Governor's Blue Ribbon Commission and encourages legislators and policy makers to act with a sense of urgency to continue enabling utilities to strengthen their wildfire mitigation programs for the benefit of all Californians. SDG&E started aggressive efforts to address climate change and enhance power grid resiliency 10 years ago when rising temperatures, prolonged droughts, and severe weather patterns began correlating with the increasing frequency and severity of wildfires. SDG&E's approach to prudently managing the risk of its electrical infrastructure causing a wildfire is three-pronged, focusing on, but not limited to, ongoing efforts in the following areas: 1. Operations and Engineering: build and operate a fire-safety system with the following elements: System Hardening: Fire hardening projects, including upgrading wood poles to fire-resistant steel poles. More than 14,000 poles have been upgraded in the high-risk, fire-prone areas. Aggressive Vegetation Management: An inventory of 463,000 trees located near power lines is evaluated on an annual cycle. Prior to fire season, crews perform multiple annual hazard tree assessments and complete trimming to maintain proper clearance. Aircrane: A firefighting helitanker has been contracted for the 10 th straight year and is available to all fire agencies in San Diego and South Orange counties (365 days a year), with the capacity to drop 2,650 gallons of water. In comparison, that's equivalent to the amount of water carried by five fire engines. 2. Situational Awareness and Weather Technology: detect, monitor and forecast weather conditions and fire behavior by creating and maintaining the following tools and resources: Meteorology and Fire Science Capabilities: A network of 177 weather stations – America's most-granular utility-owned network of its kind – provides readings of wind speed, humidity, and temperature in fire prone areas every 10 minutes. SDG&E's team of five full-time meteorologists created and uses outage prediction and fire science modeling to help field crews pre-stage staffing and resources ahead of extreme weather and fire conditions. Alert SDG&E Cameras: Sixteen high-definition cameras mounted on mountaintops help with fire detection by enabling a live-streaming view of the many fire-prone areas. Wildland Fire Prevention Resources: SDG&E contracts for wildland fire prevention and ignition suppression services to provide fire prevention and ignition mitigation. Additional Industrial Fire Brigades are contracted to be available year-round and are specially trained in fighting fires involving electrical equipment and flammable liquids. 3. Customer Outreach and Education: Collaborating with local agencies to help ensure effective outreach and communications to the public is ongoing regarding preparedness. Regional Collaboration: Working in partnership with a host of regional stakeholders, including elected officials, nonprofit organizations and first responders, SDG&E maintains a multi-level outreach and education strategy to create public awareness of fire threats, fire prevention, and support during a wildfire or a Public Safety Power Shutoff event. Community Resource Centers: Responding to requests from the public, nine stationary Community Resource Centers were established in 2018 and serve as locations where impacted communities can go when circuits are shutoff in their area for extended Public Safety Power Shutoff events. These centers will provide up-to-date information, and basic needs like water, snacks and a place to charge cell phones. To learn more about SDG&E's long-standing commitment to wildfire safety over the years, including its recent Edison Award dedicated to wildfire safety, click here. SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing around 45 percent of its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@ SDGE), Instagram (@ SDGE) and Facebook. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, states, cities and counties, and other regulatory and governmental bodies in the U.S.; the timing and success of business development efforts and construction projects, including risks in timely obtaining or maintaining permits and other authorizations, risks in completing construction projects on schedule and on budget; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements or modifications of settlements; delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability, any of which may raise our cost of capital and materially impair our ability to finance our operations; the greater degree and prevalence of wildfires in California in recent years and risk that we may be found liable for damages regardless of fault, such as in cases where the inverse condemnation doctrine applies, and risk that we may not be able to recover any such costs in rates from customers in California; the availability of electric power and natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums or limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; risks that our counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of insurance, to the extent that such insurance is available or not prohibitively expensive; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; and fluctuations in interest rates and our ability to effectively hedge the risk of such fluctuations; the impact of recent federal tax reform and uncertainty as to how it may be applied, and our ability to mitigate adverse impacts; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable rates; changes in foreign and domestic trade policies and laws, including border tariffs, and revisions to or replacements of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; the impact on reliability of our electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through our electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation, and the potential risk of nonrecovery for stranded assets and contractual obligations; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE San Diego Gas & Electric

Sempra Energy's IEnova Unit To Report Fourth-Quarter 2018 Earnings Feb. 20

SAN DIEGO, Feb. 5, 2019 /PRNewswire/ -- Sempra Energy's (NYSE:SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), plans to release its fourth-quarter 2018 earnings at 6 p.m. ET, Feb. 20, in advance of a conference call with IEnova executives at 11 a.m. ET, Feb. 21. Briefing materials also will be posted by 6 p.m. ET, Feb. 20, on IEnova's website, www.ienova.com.mx. Investors, media, analysts and the public may listen to a live webcast of the conference call on IEnova's website, by clicking on the appropriate audio link. For those unable to obtain access to the live webcast, the teleconference will be available on replay a few hours after its conclusion on the company's website, or by dialing 001-855-859-2056 and entering passcode 2744249#. IEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2017, the company had invested approximately US$7.6 billion in operating assets and projects under construction in Mexico, making it one of the largest private energy companies in the country. IEnova was the first energy infrastructure company to be listed on the Mexican Stock Exchange. Sempra Energy, a San Diego-based electric and natural gas infrastructure company with 2017 revenues of more than $11 billion, is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' approximately 20,000 employees serve more than 40 million consumers worldwide. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico, Sempra Texas Utility, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy

SoCalGas "Dial It Down" Alert Remains in Effect Until Further Notice

LOS ANGELES, Feb. 5, 2019 /PRNewswire/ -- Due to cold weather predicted for parts of the SoCalGas service territory, Southern California Gas Co. (SoCalGas) has issued a "Dial It Down" Alert, encouraging Southern Californians to conserve natural gas until further notice. Customers are asked to conserve energy by reducing their natural gas use, specifically in the evenings when natural gas is typically at peak use. During periods of cold weather, local demand for natural gas for home heating, hot water, and cooking can increase rapidly and put a strain on the natural gas system. Dial It Down Alerts are similar to Flex Alerts issued by the California Independent System Operator (CAISO) that call on customers to voluntarily conserve electricity for a specific period of time. Conservation Tips To reduce their natural gas use during the alert period, SoCalGas customers can take simple steps, like setting their thermostat to 68 degrees when home and 55 degrees when not home. Others helpful tips include: Washing clothes with cold water; Taking shorter hot showers; Reducing the temperature on water heaters; Running only full loads of dishes and clothes; Using low-flow shower heads; Keeping windows and doors closed when the heater is on; and Dressing warmer. More information on SoCalGas' Dial It Down Alert energy conservation program can be found at socalgas.com/dialitdown. In addition to the Dial It Down Alerts, SoCalGas has taken several actions to further promote conservation and reduce local demand for natural gas, including activating SoCalGas' Smart Therm demand response program. The Smart Therm Program is a partnership between SoCalGas and participating smart thermostat manufacturers that aims to conserve natural gas during some cold weather events, when local demand for natural gas for home and hot water heating and cooking can increase rapidly and strain the natural gas system. When a Smart Therm Event is called, customers who have enrolled in the Smart Therm Program are sent notifications through their smart thermostat, smart phone app, or over email (depending on the manufacturer), letting them know that their thermostats will be automatically adjusted for four hours from 5 AM to 9 AM or from 6 PM to 10 PM. Customers who enroll in the program agree to allow their smart thermostats to be automatically lowered by as much as four degrees when a Smart Therm Event is called. Program participants are eligible to receive a $50 incentive, plus an additional $25 for staying enrolled through April 1, 2019. Customers who enroll in the program can manually adjust their thermostat at any time. About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information, visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook . SOURCE Southern California Gas Company

SoCalGas Issues "Dial It Down" Alert Until Further Notice

LOS ANGELES, Feb. 2, 2019 – Due to colder weather and rain predicted for parts of the SoCalGas service territory, Southern California Gas Co. (SoCalGas) has issued a “Dial It Down” Alert, encouraging Southern Californians to conserve natural gas until further notice. Customers are asked to conserve energy by reducing their natural gas use, specifically in the evenings when natural gas is typically at peak use. During periods of cold weather, local demand for natural gas for home heating, hot water, and cooking can increase rapidly and put a strain on the natural gas system. Dial It Down Alerts are similar to Flex Alerts issued by the California Independent System Operator (CAISO) that call on customers to voluntarily conserve electricity for a specific period of time. Conservation Tips To reduce their natural gas use during the alert period, SoCalGas customers can take simple steps, like setting their thermostat to 68 degrees when home and 55 degrees when not home. Others helpful tips include: Washing clothes with cold water; Taking shorter hot showers; Reducing the temperature on water heaters; Running only full loads of dishes and clothes; Washing clothes with cold water; Using low-flow shower heads; Keeping windows and doors closed when the heater is on; and Dressing warmer. More information on SoCalGas’ Dial It Down Alert energy conservation program can be found at socalgas.com/dialitdown. # # # About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 60 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas is committed to investing in its natural gas system infrastructure, while keeping bills affordable for our customers. From 2013 through 2017, the company spent nearly $6 billion to upgrade and modernize its natural gas system to enhance safety and reliability. The company is also committed to being a leader in the region's clean energy future, and is working to accelerate the use of renewable natural gas from dairy farms, landfills and wastewater treatment plants and the development of renewable energy storage technologies. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information, visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook .

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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).