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Displaying results 631 - 645 of 1201
Sempra Energy And Total Extend Strategic Alliance With Signing Of Equity Agreement For Phase 1 Of Energía Costa Azul LNG Project
SAN DIEGO, Dec. 9, 2020 /PRNewswire/ -- Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) today announced that their joint venture, ECA Liquefaction (ECA LNG), has signed an equity investment agreement to finalize Total's participation in the ECA LNG Phase 1 liquefied natural gas (LNG) export project, to be located in Baja California, Mexico. Under the terms of the agreement, Total has acquired a 16.6% equity stake in ECA LNG Phase 1, while Sempra LNG and IEnova will each retain 41.7% ownership. Earlier this year, Total signed a 20-year sale and purchase agreement for approximately 1.7 million tonnes per annum (Mtpa) of LNG from the export facility. "We are excited to extend our strategic alliance with Total, a global LNG leader, as we commence construction on our landmark ECA LNG Phase 1 project and help expand Total's North America LNG infrastructure portfolio," said Justin Bird, CEO of Sempra LNG. "This agreement is the next step in advancing our long-term strategy to provide the world with access to diverse U.S. natural gas basins that can offer reliable and more secure forms of energy from both the Pacific and Gulf Coasts." Last month, ECA LNG announced it reached a final investment decision (FID) for the construction and operation of the approximately $2 billion facility, making it the only LNG-export project in the world to have reached FID in 2020 to date. ECA LNG Phase 1, the first Pacific Coast LNG export project with direct access to abundant natural gas supplies in Texas and the Western U.S., will be a single-train liquefaction facility with a nameplate capacity of 3.25 Mtpa of LNG and an initial offtake capacity of approximately 2.5 Mtpa of LNG. ECA LNG Phase 1 will be built at IEnova's existing Energía Costa Azul LNG regasification facility. The equity acquisition by Total does not include an equity interest in the regasification facility. As previously announced, ECA LNG Phase 1 also has a definitive 20-year sale and purchase agreement with Mitsui & Co., Ltd. for the purchase of approximately 0.8 Mtpa of LNG from Phase 1 of the project. "This important equity investment by Total is evidence of international confidence in our energy infrastructure projects as well as the future of investment in Mexico," said Tania Ortiz, CEO of IEnova. "We will remain focused on our mission to foster the country's economic development and well-being of the communities where we operate." Sempra LNG and Total are already partners in Cameron LNG, a 12 Mtpa LNG export facility operating in Hackberry, Louisiana. Phase 1 of Cameron LNG reached full commercial operations in August of this year. Sempra LNG is developing additional LNG export facilities on the Gulf Coast and Pacific Coast of North America, including Cameron LNG Phase 2 and ECA LNG Phase 2. The successful development and ultimate construction of these projects as well as Sempra Energy's other LNG export projects are subject to a number of risks and uncertainties and there can be no assurance that these projects will be completed. Last week, Sempra Energy announced a series of integrated transactions that would combine Sempra LNG and IEnova under a new business platform, Sempra Infrastructure Partners, subject to obtaining all required regulatory approvals and the satisfaction of other customary conditions. About Sempra LNGSempra LNG's mission is being North America's premier LNG infrastructure company by providing sustainable, safe and reliable access to U.S. natural gas for global markets. Sempra LNG owns a 50.2% interest in Cameron LNG, a 12 Mtpa export facility operating in Hackberry, Louisiana and is currently developing additional LNG export facilities on the Gulf Coast and Pacific Coast of North America through Cameron LNG expansion, Port Arthur LNG in Texas and Energía Costa Azul LNG in Mexico. Through its disciplined value creation process, Sempra LNG evaluates expansion opportunities at each of these locations and other infrastructure investments along the LNG value chain. About IEnovaIEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2019, the company has 1,300 employees and approximately US $9.6 billion in total assets, 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. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances of permits and other authorizations, and other actions by (i) the U.S. Department of Energy and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we operate or do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts once completed, and (iv) obtaining the consent of partners; the impact of the COVID-19 pandemic on our (i) ability to commence and complete capital and other projects and obtain regulatory approvals, (ii) supply chain and current and prospective counterparties, contractors, customers, employees and partners, (iii) liquidity, resulting from bill payment challenges experienced by our customers, decreased stability and accessibility of the capital markets and other factors, and (iv) ability to sustain operations and satisfy compliance requirements due to social distancing measures or if employee absenteeism were to increase significantly; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas and the impact of the extreme volatility of oil prices on our businesses and development projects; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in tax and trade policies, laws and regulations, including tariffs and revisions to or replacement of international trade agreements, such as the United States-Mexico-Canada Agreement, that may increase our costs or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website at www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not the same company as San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not regulated by the California Public Utilities Commission. SOURCE Sempra LNG
SoCalGas Sponsors Sowing Seeds for Life Holiday Pantry - Providing Food, Toys & Gift Cards for Over 2,000 Families
LOS ANGELES, Dec. 8, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) will join non-profit organizations Sowing Seeds for Life (SSFL), and Seva Circle along with California State Senator Connie M. Leyva in support of Sowing Seeds for Life's 14 th Annual Holiday Pantry drive-up event on December 9. SoCalGas has given SSFL a $10,000 grant for holiday necessities for those in need. The first 2,000 vehicles to arrive at the Holiday Pantry at the Pomona Fairplex ( 1101 W. McKinley Ave. Gate 17) between 8 a.m. and 12 p.m. will receive an allotment of food, toys, a gift card and other holiday items. "For families going through tough times, the hardest part can sometimes be not being able to give your kids what they'd like for the holidays. I'm glad that SoCalGas can help alleviate that a little bit," said Bob Cruz, regional public affairs manager at SoCalGas. "We are proud to partner with Sowing Seeds for Life, California State Senator Connie Leyva and Seva Circle to support families in the communities we serve. It's important for us to help out our friends and neighbors, now more than ever." "We must work together to uplift our spirits during these trying times and ensure that everyone affected by COVID-19 gets the support they need," said California State Senator Connie M. Leyva. "I am happy to join the ongoing work of Sowing Seeds for Life; their 14-year commitment along with SoCalGas's generous contribution will continue bring food and toys to the families from LA and San Bernardino County." "By the end of this year, we will have served over 200,000 people which is almost double the number we serve annually," said Fran Robertson, executive director at Sowing Seeds for Life. "Our yearly holiday pantries have always been our major gift to the community, however, we feel this year it is more important than ever to show love and kindness to one another as hunger is afflicting 1 in 5 of our neighbors; everyone from babies to grandparents are struggling. The need is so vast and ongoing thus, we are more grateful than ever for the incredible support of our amazing sponsors such as SoCalGas, State Senator Connie Leyva and Seva Circle who have helped us to make this event bigger and better than ever." Sowing Seeds for Life is a 501(c)(3) non-profit organization incorporated in 2005 whose mission is to provide food for the hungry, respond to emergencies for those in need, and to eliminate hunger in the communities in which we serve. From distribution to 100 families in December of 2007, the organization has grown and now serves over 7,000 people and families in the Los Angeles and Inland Valley areas every month. SoCalGas has been a community partner of Sowing Seeds for Life since 2014. Since March, SoCalGas has donated more than $3.2 million to nonprofit organizations for COVID-19 recovery efforts, including supporting the region's workforce, feeding the hungry, providing bill assistance to customers, and more. The company has provided COVID-19 relief grants to more than 200 nonprofit organizations throughout its service territory during this time. For more information on SoCalGas's response to the COVID-19 pandemic, please visit www.socalgas.com/coronavirus. Event Info: Date: December 9 Time: 8 a.m. to 12 p.m. Location: Pomona Fairplex - 1101 W. McKinley Ave. Gate 17 Pomona, CA 91768 Details: This is a drive-up pantry so please stay inside of your vehicle, wear a mask at all times and follow the posted signs. The first 2,000 vehicles will receive holiday cheer that includes lots of food, toys (or gift card while supplies last) and of course greetings from Santa. About Sowing Seeds for Life Established in 2005, our mission is to provide food for the hungry, respond to emergencies for those in need and to eliminate hunger in the communities in which we serve. It is our goal to serve our communities with dignity and respect. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America, delivering affordable and increasingly renewable energy to its customers. In support of that mission, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2015 through 2019, the company invested nearly $7 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
SoCalGas Recognized with SCMSDC's 2020 Corporation of the Year Award
LOS ANGELES, Dec. 7, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) has been named Corporation of the Year by Southern California Minority Supplier Development Council (SCMSDC) at the 36 th Annual Leadership Excellence Awards. The award is bestowed on a company that consistently achieves exceptional performance in its supplier diversity and inclusion initiatives by modeling and executing bold new strategies that lead to contract opportunities for diverse businesses that drive economic growth and job creation in the communities they serve. "At SoCalGas, we have a longstanding commitment to support the growth and development of diverse suppliers," said Scott Drury, CEO at SoCalGas. "We believe that partnering with minority business owners is key to best serve our customers and to fulfilling our mission of building the safest, cleanest and most innovative energy company in America." "SoCalGas is committed to supplier diversity, and with each year, has continued to strengthen its programs and services to ensure inclusion of Minority Business Enterprises (MBEs) and other diverse businesses in their supply chain," said Virginia Gomez, president and CEO at SCMSDC. "While the competition for the SCMSDC 2020 Corporation of the Year Award is always fierce, a committee composed of MBEs and diverse business community advocacy organizations unanimously selected SoCalGas as this year's Corporation of the Year Award recipient." In addition to being recognized as Corporation of the Year, SoCalGas Principal Supplier Diversity Advisor Vaughn Millard Williams III was also recognized with the Corporate Advocate Award. This award is presented to a corporate member that brings innovative thinking to the development of unique solutions to business challenges and is committed to advocating on behalf of minority-owned businesses. "I am honored to be recognized by the SCMSDC with the Corporate Advocate Award," said Vaughn Millard Williams III. "Working with diverse minority business owners is my passion and an integral part of SoCalGas' corporate strategy that benefits our suppliers and the local community." This year's other honorees include Tracy Stanhoff, president of the American Indian Chamber of Commerce, who was recognized with the Progressive Leadership Award, and The Meruelo Group, who received the Spirit of Diversity Award. "I was pleasantly surprised and greatly humbled by this recognition from such a wonderful organization as the SCMSDC. Our American Indian Chamber is celebrating our 25 th year of existence and we have partnered with the SCMSDC from the start. This partnership has been great for our Native American business community as we have connected, developed and grown numbers of our people's enterprises together," said Tracy Stanhoff. "We are extremely humbled to have been selected as this year's recipient of the Spirit of Diversity Award," said Alexis Meruelo, executive vice president of business development at The Meruelo Group. "We hope to continue championing diversity and inclusion within our organization by continuing to encourage minorities to be heard and share a seat at our table. Thank you again to SCMSDC for their continued efforts in reaching economic equality and celebrating the great success that is created when minorities are elevated in business." SoCalGas has been championing supplier diversity for over forty years. Earlier this year, the company announced it had achieved another record year of spending with over 550 diverse business enterprises in 2019 - at $726 million, the highest in company history. SoCalGas exceeded the California Public Utilities Commission's (CPUC) goal to contract goods and services from women, minority, service-disabled veteran, and LGBT-owned businesses for the 27th consecutive year. Nearly 42 percent of the utility's contract spending went to women, minority, service-disabled veteran, and LGBT-owned firms, almost double the CPUC's goal of 21.5 percent. To learn more about SoCalGas' supplier diversity initiatives visit socalgas.com/SupplierDiversity. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America, delivering affordable and increasingly renewable energy to its customers. In support of that mission, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2015 through 2019, the company invested nearly $7 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
Sempra Energy Announces Integrated Transactions To Form New Infrastructure Platform
SAN DIEGO, Dec. 2, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) (Company) today announced a series of integrated transactions intended to simplify its energy infrastructure investments under one platform – creating scale, unlocking portfolio synergies and better positioning the business for growth. To accomplish this, the Company announced its intention to launch a stock-for-stock exchange offer for the publicly traded shares of IEnova ( Infraestructura Energética Nova, S.A.B de C.V.), with the Sempra Energy exchange shares to be listed on the Mexican stock exchange ( Bolsa Mexicana de Valores, S.A.B de C.V.) (BMV). In addition, the Company announced plans for the formation of a new business platform, Sempra Infrastructure Partners, combining the strengths of Sempra LNG, a leading developer of liquefied natural gas (LNG) export infrastructure, and IEnova, one of the largest private energy companies in Mexico and a leading developer and operator of pipeline, storage and renewables infrastructure. Lastly, the Company intends to sell a non-controlling interest in Sempra Infrastructure Partners in order to fund growth and highlight the underlying value of the platform. Subject to obtaining all required regulatory approvals and the satisfaction of other customary conditions, the Company expects to complete these transactions in the first quarter of 2021. "We are excited about today's announcement. In large measure, it is because we believe Sempra Infrastructure Partners is well positioned to be a leader in the global energy transition," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "By focusing on the critical need for new energy infrastructure right here in North America, both Sempra LNG and IEnova have created a significant pipeline of development projects that are expected to provide differentiated growth for decades to come. More importantly, this will provide an improved platform for innovation and potential new investments in renewables, hydrogen, energy storage and carbon sequestration." "We are especially excited to be listing Sempra Energy shares on the BMV," added Martin. "Many of Mexico's most successful companies are listed there, and our plans to list our shares locally is a positive affirmation of our commitment to Mexico and desire to continue investing in the country and improving economic prosperity. As part of Sempra Energy's family of companies, IEnova has delivered critical energy infrastructure to the country of Mexico for over two decades, supporting economic growth and the health and wellbeing of millions. With the proposed transactions announced today, we are proud to reaffirm our belief in Mexico's bright future and look forward to helping both Mexico and the U.S. unlock greater opportunities for continued economic collaboration, expansion and prosperity." Sempra Energy to Launch Stock-for-Stock Exchange Offer for IEnova StockThe Company today announced its intent to launch an exchange offer to acquire all the outstanding shares of IEnova not owned by Sempra Energy at an exchange ratio of 0.0313 shares of Sempra Energy common stock for each ordinary share of IEnova stock. As part of the exchange offer, the Company intends to list its exchange shares on the BMV. On Dec. 1, 2020, the Company presented a non-binding offer to IEnova consisting of a fixed exchange ratio implying a price of 82 Mexican pesos per IEnova ordinary share, representing premiums of 11.6% and 22.6% over IEnova's 30-day and 90-day volume-weighted average stock prices, respectively. It also represents a 51.4% premium over IEnova's 52-week low (1) stock price. To facilitate the exchange, Sempra Energy has filed a preliminary prospectus and exchange offer documents with the Mexican National Banking and Securities Commission ( Comisión Nacional Bancaria y de Valores) (CNBV) and the BMV, and intends to file a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC). The Company is targeting to complete the exchange offer by the end of the first quarter 2021, subject to authorization from the SEC, CNBV and BMV. Sempra Energy to Form Sempra Infrastructure PartnersThis new business platform is intended to simplify and add scale to the Company's North American infrastructure business. Sempra Infrastructure Partners will focus on the development and construction of North American LNG export infrastructure, natural gas infrastructure and renewable energy generation, with a view towards strengthening energy infrastructure investments in North America, supporting economic growth in the U.S. and Mexico, and facilitating the global energy transition. Sempra Infrastructure Partners will include, among other assets: The LNG portfolio consisting of approximately 45 million tonnes per annum (Mtpa) of LNG export capacity in development, construction or operation on the North American Pacific and Gulf Coasts; The natural gas infrastructure portfolio consisting of distribution companies and certain cross-border and in-country pipelines, including those that export U.S. natural gas to Mexico and supply the Energía Costa Azul LNG facility; and The renewable portfolio consisting of roughly 4 gigawatts (GW) of renewable energy generation in development, construction or operation in Mexico and related electric transmission infrastructure. Sempra Energy to Fund Growth Through Sale of Non-Controlling Interest in Sempra Infrastructure Partners The Company has initiated a process to sell a non-controlling interest in Sempra Infrastructure Partners to fund growth and highlight the value of the overall portfolio. The Company is targeting an investment grade rating from the credit rating agencies for the new entity. Closing of the sale of a non-controlling interest in Sempra Infrastructure Partners is expected by the end of the first quarter 2021. Sempra Energy to Host Webcast and Conference Call on Dec. 4, 2020As a follow-on to today's announcement, the Company will host a conference call on Dec. 4, 2020 at 12 p.m. ET with senior management of the Company. Investors, media, analysts and the public may listen to a live webcast of the conference call on the Company's website, sempra.com, by clicking on the appropriate audio link. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. With more than $60 billion in total assets at the end of 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 18,000 employees deliver energy with purpose to over 35 million consumers. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in sustainability, and diversity and inclusion, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. About IEnovaIEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2019, the company has 1,300 employees and approximately US$9.6 billion in total assets, 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. (1) Price information as of the market close on Nov. 27, 2020. Additional Information and Where to Find It The proposed stock-for-stock exchange offer will be submitted to IEnova's shareholders for their consideration. In connection with the proposed exchange offer, Sempra Energy will file a registration statement with the SEC, which will include a prospectus relating to the offer and sale of the Sempra Energy common stock to be issued in the exchange offer, and has filed on a confidential basis a prospectus and registration statement offering memorandum with the CNBV. Shareholders are urged to read the registration statements carefully and in their entirety, along with any other relevant documents or materials filed or to be filed with the SEC or the CNBV in connection with the proposed exchange offer or incorporated by reference in the registration statements, because they will contain important information about the proposed exchange offer and the parties thereto. The registration statements and other documents will be available free of charge at the SEC's internet website, www.sec.gov, and on the CNBV's website at www.gob.mx/cnbv. The registration statements and other pertinent documents may also be obtained free of charge by directing a written request to Sempra Energy, Attn: Corporate Secretary, at 488 8th Avenue, San Diego, California 92101. Neither this announcement nor the information contained herein shall constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities in the United States or Mexico will be made except pursuant to an effective registration statement and by means of the prospectus included in such registration statement and the related materials filed with the SEC and the CNBV. The securities discussed herein will not be offered or acquired until the CNBV has authorized the proposed exchange offer, as provided for in the Mexican Securities Act (Ley del Mercado de Valores), and the SEC has declared effective the registration statement related to the proposed exchange offers that will be filed. Certain Information Concerning Participants Sempra Energy and its directors, executive officers and other members of management and employees may be deemed to be participants in the solicitation of tenders of securities in connection with the proposed exchange offer. Information about Sempra Energy's directors and executive officers is included or incorporated by reference in its Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on February 27, 2020. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. Forward-looking statements in this press release include any statements regarding the ability to complete the proposed transactions described herein on the anticipated timeline or at all, the anticipated benefits of these transactions if completed, the projected impact of these transactions on Sempra Energy's performance or opportunities, and any other statements regarding Sempra Energy's expectations, beliefs, plans, objectives or prospects or future performance or financial condition as a result of or in connection with these transactions. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: the timing of the proposed transactions described herein; the ability to satisfy the conditions to closing these transactions; the ability to obtain regulatory approvals necessary to complete these transactions; the ability to identify a suitable partner for SIP and negotiate favorable terms for such partnership; the ability to achieve the anticipated benefits of these transactions; the effect of this communication on Sempra Energy's or IEnova's stock prices; transaction costs; the diversion of management time on transaction-related issues; the effects on these transactions of industry, market, economic, political or regulatory conditions outside of Sempra Energy's control; the effects on these transactions of disruptions to Sempra Energy's or IEnova's respective businesses; California wildfires, including the risk that we may be found liable for damages regardless of fault and the risk that we may not be able to recover any such costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we operate or do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts once completed, and (iv) obtaining the consent of partners; the impact of the COVID-19 pandemic on our (i) ability to commence and complete capital and other projects and obtain regulatory approvals, (ii) supply chain and current and prospective counterparties, contractors, customers, employees and partners, (iii) liquidity, resulting from bill payment challenges experienced by our customers, including in connection with a CPUC-ordered suspension of service disconnections, decreased stability and accessibility of the capital markets and other factors, and (iv) ability to sustain operations and satisfy compliance requirements due to social distancing measures or if employee absenteeism were to increase significantly; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas and the impact of the extreme volatility of oil prices on our businesses and development projects; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access, Community Choice Aggregation or other forms of distributed or local power generation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in tax and trade policies, laws and regulations, including tariffs and revisions to or replacement of international trade agreements, such as the United States-Mexico-Canada Agreement, that may increase our costs or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or Southern California Gas Company, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra Energy
In Support of 'Giving Tuesday,' SoCalGas Donates an Additional $100,000 to Help Address Food Insecurity in Los Angeles County
LOS ANGELES, Dec. 1, 2020 /PRNewswire/ -- In support of "Giving Tuesday" and with the understanding that great need continues to exist in Los Angeles County, Southern California Gas Co. (SoCalGas) today announced $100,000 in donations to support local food distribution events and holiday toy drives put on by three Los Angeles County non-profit organizations. Since March, SoCalGas has donated more than $3.2 million to nonprofit organizations for COVID-19 recovery efforts, including supporting the region's workforce, feeding the hungry, providing bill assistance to customers, and more. The company has provided COVID-19 relief grants to more than 200 nonprofit organizations throughout its service territory during this time. Alma Family Services, Meet Each Need with Dignity (MEND) and Mid Valley Family YMCA will each receive a share of the $100,000 donation announced today. "Underserved neighborhoods in the First District, which are predominately communities of color, have been some of the hardest hit by COVID-19, and also those suffering the most from sustained food insecurity," said Los Angeles County Supervisor Hilda L. Solis. "Since the start of the pandemic, the County of Los Angeles has remained committed to helping families put food on the table through nutrition programs and free meal distributions. Thanks to SoCalGas' generous donation, and Alma Family Services' consistent presence in the community, we will continue to make sure anyone who needs sustenance will receive fresh produce and protein because no one should go to bed hungry." "For years, MEND has been a lifeline for families in the San Fernando Valley, helping them make ends meet through a myriad of services, and especially through its food bank program," said 7th District Councilmember Monica Rodriguez. "Thanks to their generous donation, SoCalGas is providing a critical support to MEND and the families that rely on their weekly food pantry during the toughest economic hardship our community has experienced in recent history." "This Giving Tuesday is important more than ever, especially around the holidays, a time of need for many, and this year is no exception," said Andy Carrasco, vice president of communications, local government and community affairs for SoCalGas. "I know personally that these contributions will help ease some of the worries our neighbors are experiencing in this unprecedented time." "Alma deeply appreciates this generous donation from SoCalGas which will allow us to provide resources for children and their families. During the Holiday Season, families struggling with multiple stressors cannot afford to dedicate any resources outside of their basic needs," said Lourdes Caracoza, president and CEO of Alma Family Services. "Many children in our community would not have the opportunity to celebrate Hope & Solidarity during the Holiday Season without the partnership between caring CBOs and Donors such as Alma and SoCalGas as well as the collaborative work with elected officials. For the past four years we had the opportunity to work with Los Angeles County 1 st District Supervisor Hilda Solis to offer tangible resources for disadvantaged children. This donation has come at a critical time in an unprecedented year in which children and their families' needs have been exacerbated by the pandemic. Community engagement initiatives such as these have the potential to strengthen protective factors for children during their formative years as it demonstrates the caring and investment of their community in their emotional well-being." "It has been such a hard year… harder than any of us imagined back in March – high unemployment, business closures, and social isolation. Not only that, our region in the northeast San Fernando Valley is the hardest hit by COVID-19 infections," said Janet Marinaccio, president of MEND. "Today is Giving Tuesday, a day when the world comes together to provide hope for the most vulnerable. Receiving such a generous gift from Southern California Gas Company on this day means so much to us. It not only is doubled because of a challenge match we received, but also provides incredible relief for thousands of people who line up at MEND every week in need of food. This year has been especially challenging because the food supply chain is overloaded. We have also seen a drastic drop in donated goods because of cancelled food drives. For the first time, MEND has had to purchase volumes of food to meet the demand. We are truly grateful for the partnership of SoCalGas." "Since the beginning of this pandemic the YMCA of Metropolitan Los Angeles has continued to serve the needs of the community by providing meals to children and families, establishing digital hubs for internet access to close the digital divide as well as providing emergency childcare for children of first responders and other essential workers," said Lionnel Zaragoza, Senior Branch Executive of the Mid Valley YMCA in Van Nuys. "The Mid Valley Family YMCA is honored to have been selected to receive this gift to support our COVID-19 relief efforts. We could not do this work without the support of our sponsors and are grateful to SoCalGas for their generous continued support." Alma Family Services provides a comprehensive range of multilingual community-based services for families including those with special needs. The organization plans to use the SoCalGas donation to help fund food and holiday toy distribution events in East Los Angeles and the San Gabriel Valley. MEND has provided services in Los Angeles County for nearly 50 years, including the operation of a food bank, homeless care services and a clothing center. Today's "Giving Tuesday" donation will be used to address food insecurity in the community. The Mid Valley Family YMCA plans to use this donation for the organization's food distribution activities. For more information on SoCalGas's response to the COVID-19 pandemic, please visit www.socalgas.com/coronavirus About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' mission is to build the cleanest, safest and most innovation energy company in America, delivering affordable and increasingly renewable energy to its customers. In support of that mission, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2015 through 2019, the company invested nearly $7 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
SoCalGas Partners with Southeast Community Development Corporation to Bridge the Digital Divide in South Los Angeles
LOS ANGELES, Nov. 30, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced a partnership with the Southeast Community Development Corporation (SCDC) to help bridge the digital divide in South Los Angeles. A donation from SoCalGas to the nonprofit will provide Chromebooks, noise-canceling headphones, internet hotspots, and access to one-on-one tutoring to 100 students from various schools. Thus far this academic school year, as remote learning became the norm in many school districts, SoCalGas has partnered with five nonprofit community organizations to help bridge the digital divide. "The SoCalGas tutoring program is critical in the quest to providing the needed academic support to our most vulnerable students," said Denise Diaz, South Gate City Council Member. "Higher-income families are understandably providing their students learning pods and private tutoring to meet their needs. Our students' success is dependent on our community coming together to make available the resources necessary to achieve educational equity. I am inspired by the generous contribution of community partners such as SoCalGas who are helping us achieve this goal." "The customized online tutoring program will have lasting positive effects on our elementary school students who had already been struggling academically but now face many more barriers," said Emma Hernandez, executive director at SCDC. "We are thankful to have such generous partners like SoCalGas who have made this program possible." "Remote learning has been a challenge for many students this past year, particularly those from low-income families without the necessary resources and connectivity that help drive success," said Andy Carrasco, vice president of communications, local government, and community affairs at SoCalGas and SCDC board president. "We are proud of partnerships with organizations like the SCDC that are helping to overcome these disadvantages and help prevent students from getting left behind." In addition to providing educational resources to students, this initiative will also support eight California State University Dominguez Hills students complete their teaching credential requirements by participating in one-on-one tutoring sessions. Each tutor will provide two hours of tutoring per day, four days a week for a 26-week period. "We feel fortunate to have these incredibly talented tutors who are passionate about teaching join our team," said Mariana Rios, credentialed multisubject teacher. "They come to us with first-hand knowledge of what's is like to experience the social injustice of the digital divide and they are excited to help close that gap." The SCDC was created on the belief that community problems must be solved by the community itself and is committed to utilizing resources within the community. Through its 18-year partnership with SoCalGas, the nonprofit has helped thousands of underserved students achieve academic success through various programs. SoCalGas' commitment to the communities it serves goes beyond providing customers with affordable, safe and reliable natural gas service. Since March, SoCalGas has donated more than $2.74 million to nonprofit organizations for COVID-19 recovery efforts, which include providing educational resources to students, supporting the region's workforce, feeding the hungry, providing bill assistance to customers, and more. For more information on SoCalGas's response to the COVID-19 pandemic, please visit www.socalgas.com/coronavirus. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America, delivering affordable and increasingly renewable energy to its customers. In support of that mission, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2015 through 2019, the company invested nearly $7 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About SCDC The Southeast Community Development Corporation (SCDC) is a community and economic development nonprofit focused on improve the living standards of children and adults in the Southeast area of Los Angeles County. For more information, please visit www.scdcorp.org or call (323) 585-4579. SOURCE Southern California Gas Co.
TRAFFIC ADVISORY: Lane Reductions on Haskell Avenue and Ventura Boulevard in the City of Encino Beginning November 30
WHAT: SoCalGas will be performing pipeline maintenance work near the intersection of Haskell Ave. and Ventura Blvd. in the City of Encino. Work is scheduled to begin Monday, November 30 and end in January 2021. To perform this project safely, lane reductions will be in place on the southbound lanes of Haskell Ave. and the westbound lanes of Ventura Blvd., during work hours. Traffic control cones and flaggers will help direct the flow of traffic. Residents, local businesses, and commuters may hear work-related noise and see excavation equipment and vehicles during construction hours. No interruption to natural gas service is anticipated. Customers may smell the odor of natural gas. Although this is normal when crews are working, SoCalGas encourages anyone who smells gas to call us at 1-800-427-2200. SoCalGas is available 24 hours a day, seven days a week. WHERE: Near the intersection of Haskell Ave. and Ventura Blvd. in the City of Encino, as shown here. WHEN: Work hours are from 9:00 a.m. to 3:30 p.m. Monday through Friday, subject to change. Work will begin on November 30 and end in January 2021, weather and other conditions permitting. PUBLIC CONTACT: Customers with questions or concerns about the construction work may call SoCalGas’ Customer Contact Center 24-hours a day, seven-days a week at 800-427-2200. Our top priorities are to work safely and to provide the communities we serve with safe and reliable natural gas service. ###
SoCalGas and SDG&E Announce Groundbreaking Hydrogen Blending Demonstration Program to Help Reduce Carbon Emissions
LOS ANGELES, Nov. 23, 2020 /PRNewswire/ -- As part of their commitment to support California's climate goals and their mission to become the cleanest, safest and most innovative energy companies in America, Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric (SDG&E) today announced the creation of a Hydrogen Blending Demonstration Program. This program would be the first in California and among the first in the nation. Blending hydrogen with natural gas is part of a multi-pronged strategy both utilities – subsidiaries of Sempra Energy – are undertaking to decarbonize their natural gas grid. The vision is to leverage surplus renewable electricity generated in the middle of the day to produce green hydrogen, which then can be injected into the natural gas grid for storage and use. Power-to-gas technology is being developed to do just that. SoCalGas, in partnership with the National Fuel Cell Research Center, and University of California Irvine, is leading the way in developing this technology, launching the first power-to-gas demonstration project in the United States in 2015. Hydrogen blending is another important milestone for providing the clean fuel needed to achieve California's climate goals while maintaining an affordable, resilient and reliable energy system. When adopted by the California Public Utilities Commission (CPUC), the demonstration program will provide an understanding of how to safely incorporate hydrogen, a zero-emission fuel, into the gas grid. This is the first step toward the establishment of a statewide hydrogen injection standard. "Our California-based utility businesses are helping build California's 21st century energy system through deliberate investments in hydrogen, renewable natural gas, fuel cells, and carbon capture and storage," said Kevin Sagara, group president for Sempra Energy and chairman of SoCalGas and San Diego Gas & Electric. "This hydrogen blending program is a key milestone in our efforts to decarbonize our energy system, while delivering affordable and reliable energy to 22 million California customers." "Green hydrogen is a game-changer, not only for our power and energy needs, but also for our industrial and transportation sectors," said Sen. Nancy Skinner (D- Berkeley). "And green hydrogen can support existing, good-paying jobs as our state and communities take steps to transition to a zero-carbon economy." "Today's announcement is an exciting development for California's emerging renewable hydrogen market," said Bill Zobel, Executive Director of the California Hydrogen Business Council. "The Hydrogen Blending Demonstration Program will help the public understand that renewable hydrogen is important and a valuable tool for our carbon neutral future." SoCalGas and SDG&E are planning multiple hydrogen blending projects throughout their respective service territories. The first proposed project will blend hydrogen into an isolated section of primarily polyethylene (PE) plastic distribution system in SoCalGas' service territory. The initial hydrogen blend level is planned at 1% and may increase to as much as an industry-leading 20%. SoCalGas expects to choose the location of the initial project in early 2021. Subsequent projects are scheduled in SDG&E's service territory and will build upon the knowledge learned in the first demonstration. This includes blending hydrogen into an isolated section of mixed plastic and steel natural gas distribution system, and an isolated steel pipeline demonstration. In addition to these hydrogen blending projects, SDG&E announced in October that it intends to pilot two hydrogen projects by 2022 as part its comprehensive sustainability strategy to advance carbon neutrality. These two projects would use a combination of technologies such as renewable resources, electrolysis and fuel cells to demonstrate increased system resiliency, long-duration storage, power-to-gas hydrogen fuel blending, and vehicle hydrogen fueling, among other applications. SoCalGas is helping to build California's 21 st century energy system with investments in hydrogen, renewable natural gas, fuel cells and carbon capture and storage. These innovations will help the utility decarbonize its pipeline system. Last year, SoCalGas set a goal to deliver 5% renewable natural gas (RNG), produced from organic waste, to its core customers by 2022 and 20% by 2030. SoCalGas and SDG&E are also seeking CPUC approval of a program that will offer customers the option to purchase RNG as part of their natural gas service. The program is set to be voted on by the CPUC in December. The Hydrogen Blending Demonstration Program is part of a joint application filed with the California Public Utilities Commission (CPUC) by SoCalGas, SDG&E, Pacific Gas and Electric (PG&E) and Southwest Gas in accordance with the Biomethane Order Instituting Rulemaking (Biomethane OIR). The filing can be found here. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. By developing renewable gas from our state's abundant organic waste streams, we can help to meet our climate goals sooner, while diversifying our carbon-free energy sources, improving energy resilience and reliability, while also creating additional renewable fuel and jobs for our communities. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About SDG&E SDG&E is an innovative San Diego-based energy company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by providing its electricity from renewable sources; modernizing natural gas pipelines; accelerating the adoption of electric vehicles; supporting numerous non-profit partners; and, investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE). For more information, visit SDGEnews.com or connect with SDG&E on Twitter (@ SDGE), Instagram (@ SDGE) and Facebook. SOURCE Southern California Gas Company; San Diego Gas & Electric
Yorba Linda Water District Installs Natural Gas Generator to Support Reliable Water Service During Emergencies
LOS ANGELES, Nov. 21, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and the Yorba Linda Water District (YLWD) today commemorated the installation of YLWD's new natural gas-powered electricity generator located at the water district's Elk Mountain Booster Pump Station. The generator was installed to provide back-up power in the event of power loss from wildfires, Public Safety Power Shutoffs, and other emergencies. Natural gas-powered generators are one of the cleanest, resilient and most affordable energy solutions available for backup energy in an event of an emergency. In case of an emergency, such as an earthquake or wildfire, the generator produces 500 kWh electricity to power three pumps that boost water into higher elevations and maintain water service to many of Yorba Linda's 68,000 residents as well as emergency services in the area. "During wildfires, having a reliable water source is essential," said YLWD president Phil Hawkins. "People need water to put out fires. YLWD needs power to move water. The Natural Gas Backup Generator adds that power reliability to our system. It gives first responders and residents more protection from the dangerous wildfires that plague our community." "I was pleased to support YLWD in obtaining the necessary permits," said Yorba Linda City Council Member Carlos Rodriguez. "As a Governing Board Member of the South Coast Air Quality Management District, I had the privilege to assist with this clean energy project. This is a critical step to ensure Yorba Linda families and homes are protected from power-related water emergencies thanks to this backup energy source." "Resiliency tools such as this natural gas-powered generator offer our communities the support they need during an emergency event," said Rasha Prince, director of customer energy solutions at SoCalGas. "This onsite generation system will help provide reliable, clean, and affordable energy to YLWD during grid outages caused by fires or other emergencies." To support high reliability and cost savings, YLWD chose to take advantage of a new SoCalGas' rate class called the Core Electric Generating Rate. This new rate offers an affordable option for SoCalGas' commercial customers who require unrestricted services for electric generating equipment. For more information on power generation with natural gas, please click HERE. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. By developing renewable gas from our state's abundant organic waste streams, we can help to meet our climate goals sooner, while diversifying our carbon-free energy sources, improving energy resilience and reliability, while also creating additional renewable fuel and jobs for our communities. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Yorba Linda Water District A "District of Distinction" for its commitment to good governance, ethics, and sound operating practices, Yorba Linda Water District serves the residents of Yorba Linda and portions of Placentia, Brea, Anaheim, and unincorporated areas of Orange County. Governed by a five-member publicly elected Board of Directors, YLWD's mission is to provide reliable water and sewer services and to protect public health and the environment with financial integrity and superior public service. It accomplishes this by embracing proven technologies, improving customer satisfaction, providing efficient and responsive operations, and ensuring reliable infrastructure. SOURCE Southern California Gas Company
SoCalGas Assistant General Counsel, Sabina Clorfeine, Recognized with Los Angeles Business Journal’s Leaders in Law Award
LOS ANGELES – Nov. 19, 2020 — Southern California Gas Co. (SoCalGas) today announced Sabina Clorfeine, assistant general counsel – special counsel has been recognized with the Los Angeles Business Journal’s 2020 Leaders in Law – Public Company In House Counsel award. The award honors the significant role Clorfeine plays in the success of SoCalGas and recognizes her outstanding accomplishments in her field and contributions to the Los Angeles community. “Sabina is a vital member of the in-house counsel team at SoCalGas. Her leadership, knowledge, tenacity, and passion are apparent in everything she does,” said David Barrett, vice president and general counsel at SoCalGas. “We are proud Sabina has been recognized with this prestigious and well-deserved award.” “I am humbled and honored to receive this award,” said Sabina Clorfeine assistant general counsel – special counsel at SoCalGas. “I consider this a testament to the talented team of legal professionals I have the good fortune to work with at SoCalGas.” Clorfeine has been practicing law for over 20 years, joining Sempra Energy in 2007 as senior counsel and holding several different legal leadership positions at Sempra Energy and SoCalGas before her current role as assistant general counsel – special counsel. Prior to joining Sempra Energy, she worked as a litigator at two national law firms, Katten, Muchin & Zavis and Milbank, Tweed, Hadley & McCloy. At Sempra Energy, Clorfeine led teams handling complex business litigation and managed a broad range of litigation issues including those involving renewable energy projects. Notably, she led a team to support compliance with the Foreign Corrupt Practices Act. Her work helped support community projects that were being pursued by Sempra’s foreign subsidiaries in Mexico, Chile and Peru. At SoCalGas, Clorfeine led the regulatory legal team and provides legal strategy for some of the company’s most important regulatory proceedings. She is currently leading a special project. Clorfeine has supported multiple diversity organizations throughout her career, including a career-long commitment to the South Asian Bar Association. She has served as president of the local San Diego chapter and currently serves on the national advisory council. Additionally, she is a board member of the Constitutional Rights Foundation (CRF). Clorfeine is an alumna of the University of California, Los Angeles and the University of Southern California Law School. Clorfeine will be honored as a Leader in Law by the Los Angeles Business Journal in its November 30, 2020 print edition. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90% of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45% of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20% of its traditional natural gas supply with renewable gas by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2015 through 2019, the company invested nearly $7 billion to upgrade and modernize its system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.
SoCalGas Declares Preferred Dividends
LOS ANGELES, Nov. 19, 2020 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on January 15, 2021, to shareholders of record on December 10, 2020. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas's vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2015 through 2019, the company invested nearly $7 billion to upgrade and modernize its system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. SOURCE Southern California Gas Company
Sempra Energy Named To Dow Jones Sustainability World Index For Third Consecutive Year
SAN DIEGO, Nov. 19, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced it is once again the only North American utility sector company to be named to the Dow Jones Sustainability World Index (DJSI World), one of the most prestigious corporate sustainability ranking efforts. This is the third consecutive year that the company has been listed on the DJSI World. Additionally, Sempra Energy has been named to the Dow Jones Sustainability North American Index for the 10 th consecutive year. Learn how Sempra is committed to being a leader among U.S. energy infrastructure companies in the areas of environmental, social and governance performance in its annual corporate sustainability report at Sempra.com/sustainability. "At Sempra Energy, we believe a steadfast focus on safety, sound environmental stewardship and stakeholder engagement are central to advancing our mission of building North America's premier energy infrastructure company," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "We are endeavoring to design all aspects of our business strategy to enable the energy transition in every market we serve. By actively managing risks and pursuing new opportunities to serve our stakeholders, our business activities are aligned with a view toward delivering sustained high performance and long-term shareholder value." Recognizing Leaders in SustainabilityLaunched in 1999, the DJSI, including the DJSI World, were among the very first set of global indices to track the largest and leading sustainability-driven publicly listed companies. The DJSI World is comprised of corporate leaders in global sustainability as identified by SAM, now a part of S&P Global, and represents the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index based on long-term economic and environmental, social and corporate governance factors. "We congratulate Sempra Energy for being included in the DJSI World Index," said Manjit Jus, Global Head of ESG Research and Data, S&P Global. "A DJSI distinction reflects sustainability leadership in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet." This year, Sempra Energy was recognized as a leader in the utilities sector and achieved 100 th percentile scores in the following categories: Information security/cybersecurity and system availability; Policy influence; Transmission and distribution; Water-related risks; and Talent attraction and retention. Creating Sustainable ValueEarlier this year, the company released its 12 th annual corporate sustainability report and has continued to drive sustainability at its U.S. utilities with the announcement of multiple projects designed to further clean transportation technologies and advance carbon neutrality in its energy delivery. The Sempra Energy Foundation and Sempra Energy family of companies have also invested more than $18.5 million in 2020 toward COVID-19 response, social justice causes and natural disaster aid across its areas of operation in California, Texas, Louisiana and Mexico. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. With more than $60 billion in total assets at the end of 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 18,000 employees deliver energy with purpose to over 35 million consumers. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in sustainability, and diversity and inclusion, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. SOURCE Sempra Energy
Sempra Energy Declares Common And Preferred Dividends
SAN DIEGO, Nov. 18, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its board of directors has declared a $1.045 per share quarterly dividend on the company's common stock, which is payable Jan. 15, 2021, to common stock shareholders of record at the close of business on Dec. 18, 2020. Sempra Energy's board of directors declared a quarterly dividend of $1.50 per share on Sempra Energy's 6% Mandatory Convertible Preferred Stock, Series A. Sempra Energy's board of directors also declared a quarterly dividend of $1.6875 per share on the company's 6.75% Mandatory Convertible Preferred Stock, Series B. Both preferred stock dividends will be payable Jan. 15, 2021, to preferred stock shareholders of record at the close of business on Jan. 1, 2021. About Sempra EnergySempra Energy's mission is to be North America's premier energy infrastructure company. With more than $60 billion in total assets at the end of 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 18,000 employees deliver energy with purpose to over 35 million consumers. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in sustainability, and diversity and inclusion, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the "World's Most Admired Companies" for 2020 by Fortune Magazine. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: California wildfires, including the risk that we may be found liable for damages regardless of fault and the risk that we may not be able to recover any such costs from insurance, the wildfire fund established by California Assembly Bill 1054 or in rates from customers; decisions, investigations, regulations, issuances of permits and other authorizations, renewals of franchises, and other actions by (i) the Comisión Federal de Electricidad, California Public Utilities Commission (CPUC), U.S. Department of Energy, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we operate or do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts once completed, and (iv) obtaining the consent of partners; the impact of the COVID-19 pandemic on our (i) ability to commence and complete capital and other projects and obtain regulatory approvals, (ii) supply chain and current and prospective counterparties, contractors, customers, employees and partners, (iii) liquidity, resulting from bill payment challenges experienced by our customers, including in connection with a CPUC-ordered suspension of service disconnections, decreased stability and accessibility of the capital markets and other factors, and (iv) ability to sustain operations and satisfy compliance requirements due to social distancing measures or if employee absenteeism were to increase significantly; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas and the impact of the extreme volatility of oil prices on our businesses and development projects; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal of natural gas from storage facilities, and equipment failures; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; the impact at San Diego Gas & Electric Company (SDG&E) on competitive customer rates and reliability due to the growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Direct Access, Community Choice Aggregation or other forms of distributed or local power generation, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in tax and trade policies, laws and regulations, including tariffs and revisions to or replacement of international trade agreements, such as the United States-Mexico-Canada Agreement, that may increase our costs or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or Southern California Gas Company, and Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE Sempra Energy
SoCalGas Supports LA Urban League's Virtual Construction Training with $50,000 Grant - Company Hiring Up to 100 Qualified Graduates
LOS ANGELES, Nov. 17, 2020 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the company will provide a $50,000 grant to the Los Angeles Urban League (LAUL) to support the organization's virtual Construction Career Academy (CCA) program. SoCalGas also plans to hire up to 100 qualified graduates of the program who progress through the company's interview process. The Construction Career Academy is now accepting applicants to the no-cost, 10-week program on a rolling basis and encourages those interested in construction, mechanical, technician and engineering careers to apply. "With many folks struggling to find work, now more than ever, the Construction Career Academy serves as a pathway to limitless opportunities in many different industries," said Wallace Rawls, Director of Gas System Integrity & Programs at SoCalGas, and LAUL Board Member. "SoCalGas is proud to support the LA Urban League's Construction Career Academy. We have been working with LAUL to develop pipelines for employment for graduates at SoCalGas and elsewhere, and we expect to hire some of the hardworking men and women who complete the program." "The Los Angeles Urban League thanks SoCalGas for the generous grant given to our Construction Career Academy. Our partnership with SoCalGas continues to reap benefits for the Construction Career Academy students," said Michael Lawson, President, and CEO of the Los Angeles Urban League. "As we maintain our commitment to helping our constituents in Los Angeles' underserved communities, we embrace and appreciate partners such as SoCalGas." "A quality career can change a life," said 8th District Councilmember Marqueece Harris-Dawson. "The Los Angeles Urban League has long-served Los Angeles neighborhoods by educating and empowering communities of color through employment services. I remain committed to helping South LA residents access employment through local hire programs and I am pleased that SoCalGas is supplementing these efforts by investing in the Construction Career Academy, teaching Angelenos useful skills they can use for a lifetime." CCA provides a free 10-week training aimed at increasing minority workers' access to apprenticeship programs and career opportunities in construction, mechanical, technical and/or engineering. The program prepares job seekers to complete and pass industry exams and go on to obtain apprenticeships and well-paying careers in a variety of industries including utilities, transportation, logistics, energy and building trades. In addition to job sourcing and job placement, CCA also offers supportive services, job readiness skills and ongoing mentorship to support graduates in finding high-demand, well-paying jobs. Ninety percent of CCA graduates, who had little or no prior experience in construction or utility related positions, passed industry exams and found industry employment. SoCalGas has been a longtime partner of the Los Angeles Urban League and the Construction Career Academy. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest gas utility in North America, delivering affordable and increasingly renewable energy to its customers. In support of that vision, SoCalGas is committed to replacing 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. By developing renewable gas from our state's abundant organic waste streams, we can help to meet our climate goals sooner, while diversifying our carbon-free energy sources, improving energy resilience and reliability, while also creating additional renewable fuel and jobs for our communities. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its pipeline system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook. About Los Angeles Urban League Los Angeles Urban League (LAUL) serves, educates and empowers African Americans and other minorities to secure economic self-reliance and civil rights by providing targeted social programs and advocating for issues that benefit our communities. The Los Angeles Urban League, founded in 1921, is a flagship affiliate of the National Urban League, founded in New York City in 1910. It is one more than 90 affiliates in the United States. The Los Angeles Urban League helps thousands of Angelenos annually through its programs focusing on education, entrepreneurship, job training and placement. Visit and follow the Los Angeles Urban League at laul.org. SOURCE Southern California Gas Company
Sempra Energy Announces FID For Landmark Energía Costa Azul LNG Export Project
SAN DIEGO, Nov. 17, 2020 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its subsidiary ECA Liquefaction (ECA LNG), a joint venture between Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has reached a final investment decision (FID) for the development, construction and operation of the ECA LNG Phase 1 natural gas liquefaction-export project in Baja California, Mexico. ECA LNG Phase 1 is currently the only liquefied natural gas (LNG) export project in the world to reach FID in 2020. "We are excited to continue to help unlock North America's energy potential with ECA LNG Phase 1. This project would be the first LNG export facility on the Pacific Coast of North America that can help connect abundant natural gas supplies from Texas and the Western U.S. directly to markets in Mexico and countries across the Pacific Basin," said Justin Bird, CEO of Sempra LNG. "This important milestone is a testament to the resiliency of our team and marks the latest step toward our goal to be North America's premier LNG infrastructure company." Estimated capital expenditures for ECA LNG Phase 1 are approximately $2 billion. Sempra expects to fund the project with a combination of equity contributions and debt. First LNG production from ECA LNG Phase 1 is expected in late 2024. "As one of the largest private investments in the history of Baja California, ECA LNG's liquefaction-export project is expected to help support the Mexican economy through investment, tax revenue and jobs," said Tania Ortiz Mena, CEO of IEnova. "The project is also expected to positively impact the local community through social investment programs as well as help position Mexico as a key player in the global trade of natural gas." ECA LNG Phase 1 will be built and operated by Sempra LNG and IEnova, Sempra Energy's subsidiary in Mexico, as a single-train liquefaction facility with a nameplate capacity of 3.25 million tonnes per annum (Mtpa) of LNG and an initial offtake capacity of approximately 2.5 Mtpa of LNG. Exports of LNG from ECA LNG Phase 1 are expected to improve the trade balances of the U.S. and Mexico. Its construction is expected to create more than 10,000 direct and indirect jobs as a result of increased economic activity and social investments in both countries. Approximately 75 full-time jobs are expected to be added to the operations of ECA LNG. ECA LNG has secured definitive 20-year sale and purchase agreements with Mitsui & Co., Ltd. and an affiliate of Total SE for the purchase of approximately 2.5 Mtpa of LNG from Phase 1 of the project. Additionally, ECA LNG and Total SE continue to work toward a potential equity investment in the project by Total SE. In February, ECA LNG executed a lump-sum, turn-key engineering, procurement and construction contract with an affiliate of TechnipFMC plc for Phase 1 of the LNG export facility. Sempra LNG is developing additional LNG export facilities on the Gulf Coast and Pacific Coast of North America, including a potential Phase 2 of the ECA LNG project. The successful development and ultimate construction of both phases of ECA LNG's project and Sempra Energy's other LNG export projects are subject to a number of risks and uncertainties and there can be no assurance that these projects will be completed. About Sempra LNGSempra LNG's mission is to be North America's premier LNG infrastructure company by providing sustainable, safe and reliable access to U.S. natural gas for global markets. Sempra LNG owns a 50.2% interest in Cameron LNG, a 12 Mtpa export facility operating in Hackberry, Louisiana and is currently developing additional LNG export facilities on the Gulf Coast and Pacific Coast of North America through Cameron LNG expansion, Port Arthur LNG in Texas and Energía Costa Azul LNG in Mexico. Through its disciplined value creation process, Sempra LNG evaluates expansion opportunities at each of these locations and other infrastructure investments along the LNG value chain. About IEnovaIEnova develops, builds and operates energy infrastructure in Mexico. As of the end of 2019, the company has 1,300 employees and approximately US$9.6 billion in total assets, 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. This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances of permits and other authorizations, and other actions by (i) the U.S. Department of Energy and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S., Mexico and other countries in which we operate or do business; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision, (ii) completing construction projects on schedule and budget, (iii) the ability to realize anticipated benefits from any of these efforts once completed, and (iv) obtaining the consent of partners; the impact of the COVID-19 pandemic on our (i) ability to commence and complete capital and other projects and obtain regulatory approvals, (ii) supply chain and current and prospective counterparties, contractors, customers, employees and partners, (iii) liquidity, resulting from bill payment challenges experienced by our customers, decreased stability and accessibility of the capital markets and other factors, and (iv) ability to sustain operations and satisfy compliance requirements due to social distancing measures or if employee absenteeism were to increase significantly; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas and the impact of the extreme volatility of oil prices on our businesses and development projects; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in tax and trade policies, laws and regulations, including tariffs and revisions to or replacement of international trade agreements, such as the United States-Mexico-Canada Agreement, that may increase our costs or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website at www.sempra.com . Investors should not rely unduly on any forward-looking statements. Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not the same company as San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not regulated by the California Public Utilities Commission. SOURCE Sempra LNG

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