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Displaying results 811 - 825 of 1201
New Industrial Drying System Promises to Save Water and Reduce Energy Use by 65 Percent
LOS ANGELES, Sept. 12, 2019 /PRNewswire/ -- Today, Southern California Gas Co. (SoCalGas) and Gas Technology Institute (GTI) announced they have successfully demonstrated a new industrial drying technology that uses far less energy, reduces greenhouse gas emissions and saves money. The new technology can be used for drying or heat processing across a broad spectrum of industrial, agricultural and commercial applications—including drying livestock feed, textiles and pharmaceutical ingredients. Compared to existing industrial dryers, the new technology uses 61 to 65 percent less natural gas, at least 40 percent less electricity, and recovers a substantial amount of water, all while drying up to eleven tons of wet material per hour. Utilization Technology Development (UTD) co-sponsored the project along with SoCalGas, and project funding for developing this innovative process was awarded by the California Energy Commission. "SoCalGas is pleased to support the development of this natural gas drying system, which produces very low emissions and offers significant energy savings," said Yuri Freedman, senior director of business development at SoCalGas. "This is yet another example of quickly evolving natural gas technology that benefits many industries and businesses while positively impacting the environment." The new technology was demonstrated at Martin Feed LLC, an industrial food processing site based in Corona, California. The site collects waste bakery material, such as dough, crackers and pastries, then dries and processes it to sell to dairy farms for feed. Prior to implementing this new natural gas drying system, processing the bakery waste was an extensive and time-consuming process of sun drying that was affected by climate conditions such as wind and rain especially during the fall and winter months. This new technology uses natural gas to generate a vacuum and captures excess heat from the process to preheat the incoming material being dried. The combination of the heat and vacuum results in faster, more efficient drying. The material is loaded into a feeding hopper and supplied into the drying chamber where controlled heat is applied to the continuously moving product while a vacuum draws out the moisture, allowing the product to be dried to specified moisture requirements in a shorter time. The product can be dried over a wide range of temperatures and production rates providing reliable operation, better product quality, and improved energy efficiency. Once the product is dried, it exits the system and is stored in a loading area. SoCalGas has been a leader in the research and development of new technologies that increase energy efficiency, reduce air pollution and greenhouse gas emissions, and keeps bills affordable for customers. Between 2014 and 2018, SoCalGas energy efficiency programs delivered more than 180 million therms in energy savings, enough natural gas usage for 403,000 households a year, and reducing greenhouse gas emissions by nearly 955,000 metric tons, the equivalent of removing more than 202,000 cars from the road annually. These advances have also helped save SoCalGas customers more than $198 million in utility bill costs. In 2018 alone, SoCalGas' energy efficiency programs saved customers $57 million. "This new drying system has been a gamechanger for our processing site. Not only does it save us copious amounts of time and money, but it's better for the environment. We are very pleased with this new technology," said Brian Hopkins, general Manager at Martin Feed, LLC. "The Energy Commission works with researchers throughout the state and is proud to invest in innovative technologies to reduce greenhouse gas and other air pollutants while cutting energy use and costs," said Michael Lozano, CEC senior mechanical engineer. "This emerging gas-fired thermo-vacuum drying technology offers significant energy and water savings across the industrial sector and has the potential to impact a lot of drying positively, and perhaps one day, can be replicated for commercial use as well," said Yaroslav Chudnovsky of GTI and principal investigator of the project. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas 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 GTI GTI is a leading research, development, and training organization that has been addressing global energy and environmental challenges by developing technology-based solutions for consumers, industry, and government for more than 75 years. About Martin Feed, LLC Martin Feed, LLC is a family owned and operated feed business based in Corona, Calif. The Martin family began in the bakery waste industry in the 1960's when Frank E. Martin Sr. started collecting waste to feed his cattle. Martin Feed now collects waste bakery material and sells the processed product to dairy farms throughout California. SOURCE Southern California Gas Company
Traffic Advisory: Lanes to Be Reduced Along W. Crosby Street in Altadena for Pipeline Project Beginning September 16
WHAT: SoCalGas will be performing work for a pipeline project on W. Crosby Street in Altadena starting September 16. Work is expected to continue through November 2019. To perform this project safely, street closures and lane reductions will be in place from 7:00 a.m. to 5:00 p.m., Monday through Thursday, on a portion of W. Crosby Street S. near N. Lincoln Avenue. Traffic control cones and flagmen will help direct the flow of traffic. Residents, local businesses, and commuters may hear work-related noise and see excavation equipment and vehicles and experience traffic delays during construction. Businesses will be open and accessible during the project. No interruption to natural gas service is anticipated. WHERE: W. Crosby Street S. near N. Lincoln Avenue in Altadena as shown here. WHEN: Work hours are from 7:00 a.m. to 5:00 p.m. Monday through Thursday, subject to change. Work will begin September 16 and end in November 2019, 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. ###
Sempra Energy Declares Common And Preferred Dividends
SAN DIEGO, Sept. 6, 2019 /PRNewswire/ -- Today, the Sempra Energy (NYSE:SRE) board of directors declared a quarterly dividend of $0.9675 per share of common stock. The common stock dividend is payable Oct. 15, 2019, to common stock shareholders of record at the close of business on Sept. 20, 2019. The company's board of directors also declared a quarterly dividend of $1.50 per share on Sempra Energy's 6% Mandatory Convertible Preferred Stock, Series A (Preferred Stock, Series A). The Preferred Stock, Series A, dividend will be payable Oct. 15, 2019, to Preferred Stock, Series A, shareholders of record at the close of business on Oct. 1, 2019. Additionally, Sempra Energy's board of directors declared a quarterly dividend of $1.6875 per share on the company's 6.75% Mandatory Convertible Preferred Stock, Series B (Preferred Stock, Series B). The Preferred Stock, Series B, dividend will be payable Oct. 15, 2019, to Preferred Stock, Series B, shareholders of record at the close of business on Oct. 1, 2019. Sempra Energy's mission is to be North America's premier energy infrastructure company. With 2018 reported revenues of more than $11.6 billion, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees deliver energy with purpose to approximately 40 million consumers worldwide. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and social responsibility, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, mission, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: the greater degree and prevalence of wildfires in California in recent years and the risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California or otherwise, including due to insufficient amounts in the wildfire fund; actions and the timing of actions, including decisions, investigations, new regulations and issuances of permits and other authorizations and renewal of franchises by the Comisión Federal de Electricidad (CFE), California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Los Angeles County Department of Public Health, U.S. Environmental Protection Agency, Federal Energy Regulatory Commission, Pipeline and Hazardous Materials Safety Administration, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the success of business development efforts, construction projects, and major acquisitions, divestitures and internal structural changes, including risks in (i) obtaining or maintaining authorizations; (ii) completing construction projects on schedule and budget; (iii) obtaining the consent of partners; (iv) counterparties' ability to fulfill contractual commitments; (v) winning competitively bid infrastructure projects; (vi) the ability to complete contemplated acquisitions and/or divestitures and the disruptions caused by such efforts; and (vii) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation, regulatory investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; delays in, or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; expropriation of assets, the failure to honor the terms of contracts by foreign governments and state-owned entities such as the CFE, and other property disputes; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; actions of activist shareholders, which could impact the market price of our securities and disrupt our operations as a result of, among other things, requiring significant time by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit; volatility in currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of federal or state tax reform and our ability to mitigate adverse impacts; changes in foreign and domestic trade policies and laws, including border tariffs and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the impact at San Diego Gas & Electric Company on competitive customer rates and reliability of electric transmission and distribution systems due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and other regulatory and governance commitments, including the determination by a majority of Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the California Public Utilities Commission. SOURCE Sempra Energy
Traffic Advisory: Lane Reductions on Imperial Highway Off-Ramp and Croesus Avenue for Pipeline Installation Project
WHAT: SoCalGas will begin a pipeline installation project in the vicinity of Imperial Highway and Croesus Avenue starting on September 3rd. Crews will upgrade the existing natural gas main and service connections on Croesus Avenue in Los Angeles. To perform this work safely, lane reductions on the Imperial Highway off-ramp from the 105 Freeway and on Croesus Avenue will be in effect during work hours. Residents and local businesses may hear some work-related noise. During work hours, commuters passing by the work site will see excavation, equipment and vehicles. No interruption to natural gas service is anticipated. Customers may smell the odor of natural gas. Although this is normal when crews are working, SoCalGas encourages anyone who smells gas to call us at 1-800-427-2200. SoCalGas is available 24 hours a day, seven days a week. WHERE: Imperial Highway off-ramp from the 105 freeway to E. 115 th Street in Los Angeles, as shown in this link. WHEN: Lanes will be reduced from 9 a.m. to 3 p.m., Monday through Friday, beginning September 3, 2019. This work is expected to take about 5 weeks to complete, depending on weather and other factors. PUBLIC CONTACT: Customers with questions or concerns about the construction work may call SoCalGas’ Customer Contact Center 24-hours a day, seven-days a week at 800-427-2200. Our top priorities are to work safely and to provide the communities we serve with safe and reliable natural gas service. MEDIA CONTACT: 24-Hour Media Hotline: 213-244-2442 | www.socalgas.com/newsroom | @SoCalGasNews
Sempra Energy Media Statement On Agreements For Mexican Pipelines
SAN DIEGO, Aug. 27, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today issued the following statement in response to agreements reached between its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), and the Comisión Federal de Electricidad (CFE) on the Guaymas- El Oro pipeline and the Sur de Texas- Tuxpan marine pipeline, a joint venture with TC Energy Corporation. "Sempra Energy is pleased that IEnova was able to reach a mutually agreeable resolution to the contracts with CFE on these important pipelines. "The Sur de Texas- Tuxpan and Guaymas- El Oro pipelines are among Mexico's most important infrastructure projects, bringing more reliable supplies of clean U.S. natural gas to Mexico to help meet the growing energy needs of the country for generations to come." SOURCE Sempra Energy
Cameron LNG Commences Commercial Operations For Train 1 Of Liquefaction-Export Project
SAN DIEGO, Aug. 19, 2019 /PRNewswire/ -- Sempra LNG, a Sempra Energy (NYSE: SRE) subsidiary, today announced that Cameron LNG's first train of the liquefaction-export project in Hackberry, La., has begun commercial operations under Cameron LNG's tolling agreements. "This is an exciting moment for Cameron LNG and for Sempra Energy," said Carlos Ruiz Sacristan, chairman and CEO of Sempra North American Infrastructure. "Cameron LNG is exporting liquefied natural gas (LNG) to customers in the largest world markets, helping to support economic growth in the U.S. and abroad." Sempra Energy's share of full-year run-rate earnings from the first three trains at Cameron LNG are projected to be between $400 million and $450 million annually when all three trains achieve commercial operations under Cameron LNG's tolling agreements. "We are proud that Cameron LNG has realized this key milestone with an excellent safety record and zero lost-time incidents," said Lisa Glatch, chief operating officer of Sempra LNG and board chair for Cameron LNG. "We remain focused on safely achieving commercial operations of Train 2 and Train 3." Train 1 is part of Phase 1 of the Cameron LNG liquefaction-export project which includes a projected export capacity of 12 million tonnes per annum (Mtpa) of LNG, or approximately 1.7 billion cubic feet per day of natural gas. Cameron LNG is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd., and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK). Sempra Energy indirectly owns 50.2% of Cameron LNG. Cameron LNG Phase 1 is one of five LNG export projects Sempra Energy is developing in North America: Cameron LNG Phase 2, previously authorized by FERC, encompasses up to two additional liquefaction trains and up to two additional LNG storage tanks, Port Arthur LNG in Texas and Energía Costa Azul LNG Phase 1 and Phase 2 in Mexico. Development of Sempra Energy's LNG export projects is contingent upon obtaining binding customer commitments, completing the required commercial agreements, securing all necessary permits, obtaining financing, other factors, and reaching final investment decisions. In addition, the ability to successfully complete construction projects, such as the Cameron LNG facility, is subject to a number of risks and uncertainties. Sempra LNG develops, builds and invests in natural gas liquefaction facilities and is pursuing the development of five strategically located LNG projects in North America with a goal of delivering 45 Mtpa of clean natural gas to the largest world markets, which would make Sempra Energy one of North America's largest developers of LNG-export facilities. Visit sempra.com/mediakits for high resolution, downloadable images and b-roll, and additional facts about Sempra LNG and Cameron LNG. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, mission, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: actions and the timing of actions, including decisions, investigations, new regulations and issuances of permits and other authorizations by the U.S. Department of Energy, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency and Pipeline and Hazardous Materials Safety Administration, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the success of business development efforts and construction projects, including risks in (i) obtaining or maintaining authorizations; (ii) completing construction projects on schedule and budget; (iii) obtaining the consent of partners; (iv) counterparties' ability to fulfill contractual commitments; and (v) the ability to realize anticipated benefits from any of these efforts once completed; the availability of natural gas and liquefied natural gas, and natural gas pipeline and storage capacity; equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits) or may be disputed by insurers; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses; the impact of federal or state tax reform and our ability to mitigate adverse impacts; changes in foreign and domestic trade policies and laws, including border tariffs, revisions to or the replacement of international trade agreements, and changes that make our exports less competitive or otherwise restrict our ability to export; 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. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra LNG and Port Arthur LNG, LLC are not the same as the California Utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), or Oncor Electric Delivery Company LLC (Oncor) and are not regulated by the California Public Utilities Commission. SOURCE Sempra LNG
SoCalGas to Begin Pipeline Installation Project in Buena Park, Anaheim, and Stanton Beginning August 19
WHAT: SoCalGas will install new, natural gas pipeline along Dale Avenue from La Palma Avenue in Buena Park through Southwest Anaheim and ending at Standustrial Street in Stanton. Work is scheduled to begin Monday, August 19, 2019. This new pipeline will provide natural gas to the yet to be constructed, Stanton Energy Reliability Center. Work is expected to continue through December 2019. To perform this project safely, lanes will be reduced in both northbound and southbound directions along Dale Avenue. Traffic control cones, message boards and flagmen will help direct the flow of traffic. Residents, local businesses, and commuters may hear work-related noise and see excavation equipment and vehicles during construction hours. No interruption to natural gas service is anticipated. WHERE: Dale Avenue from La Palma Avenue in Buena Park through Southwest Anaheim and ending at Standustrial Street in Stanton, as shown here. WHEN: Work hours are from 7:00 a.m. to 5:00 p.m. Monday through Friday, subject to change. Work will begin August 19 and end in December 2019, 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 Declares Preferred Dividends
LOS ANGELES, Aug. 15, 2019 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on October 15, 2019, to shareholders of record on September 10, 2019. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians — about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas 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 and Electrochaea Announce Commissioning of New Biomethanation Reactor System Pilot Project
LOS ANGELES, Aug. 13, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) and Electrochaea today announced the commissioning of the nation's first scalable biomethanation reactor system at the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) Energy System Integration Facility in Golden, Colo. The technology uses renewable electricity to convert hydrogen into pipeline quality methane for use in homes, businesses and in transportation. Over the next 24 months, the project will assess the commercial viability of this power-to-gas approach to energy storage and decarbonization and provide insights into potential mega-watt scale system designs. The announcement was made in conjunction with NREL's third annual Partner Forum. Biomethane, or renewable natural gas, is created through this bioreactor system in a two-step process. First, renewable electricity, generated by the sun, passes through an electrolyzer where water molecules are split into hydrogen and oxygen, storing the renewable electricity as hydrogen gas. The newly-created "green" hydrogen is combined with carbon dioxide and piped into the reactor where archaea microorganisms produce renewable natural gas by consuming hydrogen and carbon dioxide and emitting methane. The system is capable of recycling carbon dioxide from a myriad of sources, such as ethanol plants and anaerobic digesters, preventing greenhouse gas emissions and displacing the consumption of fossil methane. The catalyst was originally developed at the University of Chicago and the basic methanation system was designed by Electrochaea and demonstrated in Europe. The project in Colorado builds upon and advances research previously conducted by Electrochaea of Munich, Germany. The reactor system operates at a 50 to 60 percent efficiency. For every 10 kilowatts-hour of power received by the water electrolysis model, the equivalent of 5 to 6 kilowatts-hour of methane is created by the microbes. "This is an exciting time in the development of clean energy," said Yuri Freedman, senior director of business development for SoCalGas. "In order to achieve our climate goals, we need to find solutions to the difficult problem faced with renewables like wind and solar – the issue of intermittency, and extensive mismatches between the periods of renewable energy generation and consumer demand. This project shows our existing natural gas pipeline infrastructure can store excess renewable energy for periods of time ranging from seconds to months." "We are pleased to be a part of this partnership and to see biomethanation provide a versatile tool for the nation's renewable energy portfolio," commented Mich Hein, CEO of Electrochaea. "With SoCalGas and NREL demonstrating the scalability of this technology we can soon realize safe and reliable storage of renewable energy well beyond the capacity of batteries. A simultaneous benefit will be lowering the overall carbon intensity of the natural gas grid, as we have already accomplished with parts of the electrical power grid." The next phase of the project will focus on improving the process efficiency, automating plant operations, reducing capital costs and identifying locations in the western U.S., including California, where grid-scale energy storage would be most beneficial and cost-effective. Studies show that without long-term storage solutions, by 2025 California is expected to waste enough renewable energy each year to power Los Angeles County, the most populous county in the United States, for more than a month. Electrolytic hydrogen, renewable natural gas and nascent technologies like biomethanation and long-term energy storage through power and gas gird integration are part of SoCalGas' integrated plan to help California achieve its ambitious climate goals. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas 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 Electrochaea On the basis of biocatalysis, Electrochaea offers a power-to-gas key technology which has been patented internationally. It cost-effectively recycles CO2 and simultaneously produces storable and versatile usable Renewable Natural Gas from renewable electrical energy. The first industrial scale plant operates successfully in Denmark. Plants of more than one gigawatt of capacity are targeted by 2025. Managing directors are Mich Hein (CEO) and Doris Hafenbradl (CTO). As CBO & Director of Business Strategy, Francesco di Bari is responsible for business development activities. Gorm Teper completes the management team as Director of Project Execution. SOURCE Southern California Gas Company
SoCalGas, Orange County Fire Authority and the California Regional Common Ground Alliance Held Mock Natural Gas Line Digging Accident to Demonstrate Importance of Contacting 811 Before Excavation Work and Following Safe Digging Procedures
LOS ANGELES, August 9, 2019 – To commemorate 8/11 Day (August 11), Southern California Gas Co. (SoCalGas), The California Regional Common Ground Alliance (CARCGA) and Orange County Fire Authority (OCFA) held a mock utility line strike to raise awareness about the importance of contacting 811 at least two working days (not counting the day of notification) prior to the start of any project that involves digging. When residents or contractors contact 811, utility companies will mark the locations of their underground lines to prevent them from being damaged, which could cause injury, death, service outages or costly repair bills for homeowners. Photos are available here. "About 60 percent of pipeline damage due to digging is caused by homeowners or contractors who do not call 811 before they dig," said David Buczkowski, vice president of gas engineering and system integrity for SoCalGas. "They have no idea where buried natural gas pipelines, or electric lines, may be located, and that's not safe. By contrast, when people do call 811, most of these accidental dig-ins are preventable." “On August 11 and throughout the year, we remind homeowners and professional excavators alike to contact 811 before digging to reduce the risk of striking an underground line,” said Ann Diamond, President of DigAlert and Secretary/Treasurer of CARCGA. “It really is the only way to know which utilities are buried in the area where you will be digging. Contacting 811 before digging is the single easiest step you can take toward reducing the chance of causing damage to buried lines.” “Firefighters are often the first to arrive on the scene after someone damages an underground utility such as natural gas,” said Chief “Pokey” Sanchez, assistant chief of Orange County Fire Authority. “It’s important to make a free call to 811 before digging and avoid this emergency which ties up resources. And most importantly, it could save a life.” The most important thing to do before performing any type of digging is to dial 811 or request a ticket online through contact811.com. Utility representatives will come to your excavation site for free to mark their underground infrastructure, including natural gas pipelines. Today’s event program included the 811 Process, emergency response demonstration, investigation by the Dig Safe Board, Speakers from Dig Safe Board, Orange County Fire Authority, plus exhibitor booths. SoCalGas displayed a 30-foot-tall shovel to inform area residents about pipeline safety and raise awareness about the importance of contacting 811 before you dig. 811 is the national phone number designated by the Federal Communications Commission (FCC), that connects professionals and homeowners who plan to dig with a local call center. The call center collects information about the planned dig site and communicates with the appropriate utility companies, which then send professional utility locating technicians to identify and mark the approximate location of lines. Once utility lines have been marked, the resident or contractor may dig safely around the marks once the legal start date and time arrives. To submit a service ticket online, visit contact811.com. SoCalGas customers should take the following steps when planning any digging project: Mark out your proposed work area in white (paint, chalk, flour, flags, etc.). Contact 811 to submit an online location request to Underground Service Alert or dial 811 two working days (not counting the day of notification) before you start digging. If a contractor has been hired, confirm the contractor contacted 811 to have the utilities mark their lines. Wait to hear from us. We'll either come mark our natural gas lines, indicating pipe material and diameter, or let you know that the area is clear. Remember that SoCalGas uses yellow paint to mark its lines. If you need to dig within 24 inches of a marked utility line, use only hand tools to carefully expose the exact locations of the line before using any power excavation equipment in the area. Report any pipe damage – no matter how big or how small – by contacting us immediately at 1-800-427-2200. For more information on natural gas safety, visit: https://www3.socalgas.com/stay-safe About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas’ vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas 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 California Regional Common Ground Alliance The California Regional Common Ground Alliance (CARCGA) is a 501(c)(6) non-profit mutual benefit corporation dedicated to ensuring public safety, environmental protection, and the integrity of services by promoting effective underground damage prevention practices in California. CARCGA is a Regional Partner of the Common Ground Alliance (CGA). CARCGA promotes the use of CGA's Best Practices. CARCGA was incorporated in 2016 and boasts participation from a variety of industries involved in underground damage prevention. As the premier underground damage prevention organization in California, CARCGA provides complete access to stakeholders who identify Best Practices that become industry standards. Lawmaking entities seek the advice and assistance of CARCGA for legislative development and amendments. Our efforts to promote education, awareness and compliance helps prevent damages to underground facilities, interruption to vital services, safety risks, accidents and fatalities. Damage prevention is a shared responsibility. About Orange County Fire Authority The Orange County Fire Authority is a regional fire-rescue service agency that serves 1.8 million residents in 23 cities and the unincorporated area of the county. The member jurisdictions include Aliso Viejo, Buena Park, Cypress, Dana Point, Irvine, La Palma, Laguna Hills, Laguna Niguel, Laguna Woods, Lake Forest, Los Alamitos, Mission Viejo, Placentia, Rancho Santa Margarita, San Clemente, Santa Ana, Stanton, San Juan Capistrano, Seal Beach, Tustin, Villa Park, Westminster, Yorba Linda, and the County of Orange. There are 72 fire stations that cover 580 square miles.
Sempra Energy Reports Second-Quarter 2019 Earnings
SAN DIEGO, Aug. 2, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported second-quarter 2019 earnings of $354 million, or $1.26 per diluted share, compared to second-quarter 2018 losses of $561 million, or $2.11 per diluted share. On an adjusted basis, the company's second-quarter 2019 earnings were $309 million, or $1.10 per diluted share, compared to $361 million, or $1.35 per diluted share, in the second quarter 2018. "We're pleased with the financial and operational progress we've made so far this year," said Jeffrey W. Martin, chairman and CEO of Sempra Energy. "We've set a clear mission to be North America's premier energy infrastructure company and I am proud of the steps we've taken to capitalize on the once-in-a-generation opportunity created by the need to develop energy infrastructure that supports the trend toward cleaner energy and greater exports of North America's energy." Sempra Energy's earnings for the first six months of 2019 were $795 million, or $2.85 per diluted share, compared with losses of $214 million, or $0.82 per diluted share, in the first six months of 2018. Adjusted earnings for the first six months of 2019 were $843 million, or $3.03 per diluted share, compared with $733 million, or $2.78 per diluted share, in the first six months of 2018. These financial results reflect certain significant items, as described on an after-tax basis in the following table of GAAP earnings reconciled to adjusted earnings for the second quarter and first six months of 2019 and 2018. Three months ended Six months ended June 30 June 30 (Unaudited; Dollars, except EPS, and shares, in millions) 2019 2018 2019 2018 GAAP Earnings (Losses) $ 354 $ (561) $ 795 $ (214) Gain on Sale of U.S. Wind Assets (45) - (45) - Tax Impacts from Expected Sale of South American Businesses (1) - - 93 - Impairment of Non-utility U.S. Natural Gas Storage Assets - 755 - 755 Impairment of U.S. Wind Equity Method Investments - 145 - 145 Impacts Associated with Aliso Canyon Litigation - 22 - 22 Impact from the Tax Cuts and Jobs Act of 2017 - - - 25 Adjusted Earnings (2) $ 309 $ 361 $ 843 $ 733 Diluted Weighted-Average Common Shares Outstanding 280 268 278 264 GAAP Earnings (Losses) Per Diluted Common Share $ 1.26 $ (2.11) (3) $ 2.85 $ (0.82) (3) Adjusted Earnings Per Diluted Common Share (2) $ 1.10 $ 1.35 $ 3.03 $ 2.78 1) $103 million increase to adjusted earnings due to change in indefinite reinvestment assertion of basis differences in discontinued operations, partially offset by $10 million reduction in tax valuation allowance against certain net operating loss carryforwards at Parent & Other. 2) Sempra Energy Adjusted Earnings and Adjusted Earnings per Common Share (Adjusted EPS) are non-GAAP financial measures. See Table A for information regarding non-GAAP financial measures and descriptions of the adjustments above. 3) Weighted-average common shares outstanding for the three months and six months ended June 30, 2018 used to calculate EPS exclude common stock equivalents as they are antidilutive given the net loss in these periods. OPERATING HIGHLIGHTS San Diego Gas & Electric (SDG&E) recently elected to contribute approximately $452 million to a wildfire recovery fund that was created as a result of the efforts of Gov. Gavin Newsom and the California Legislature. The legislation helps to reduce SDG&E's exposure to wildfire risk by addressing issues related to catastrophic wildfires in the state of California, including greater clarity of cost recovery standards and requirements, additional wildfire mitigation, establishment of a wildfire recovery fund, a cap on liability, and the formation of the California Wildfire Safety Advisory Board. SDG&E and Southern California Gas Co. expect a proposed decision in the coming weeks for their 2019 General Rate Case from the California Public Utilities Commission. A final decision is expected by year end. Sempra Energy expects substantial completion of the first liquefaction train of the Cameron LNG export project in Hackberry, La., in the coming days, with commercial operations to begin in mid-August. This follows the first commissioning cargo of liquefied natural gas (LNG) from Train 1, which was announced in May. Sempra Energy's LNG development projects are continuing to advance, including a heads of agreement (HOA) signed between Sempra LNG and Aramco Services Company in May. The HOA anticipates the negotiation and finalization of a definitive 20-year LNG sale-and-purchase agreement for 5 million tonnes per annum of LNG offtake from the Port Arthur LNG export project under development. Sempra Energy continued to grow its transmission and distribution footprint in Texas through Oncor Electric Delivery Company LLC's acquisition of InfraREIT, Inc., and Sempra Energy's acquisition of an indirect 50% limited-partnership interest in Sharyland Utilities, L.L.C. These acquisitions were completed in May and funded with a portion of the proceeds from Sempra Energy's completed sales of its U.S. solar, wind and certain non-utility natural gas storage assets. The sales process of Sempra Energy's equity interests in its South American businesses, including its 83.6% stake in Luz del Sur S.A.A. in Peru and 100% stake in Chilquinta Energía S.A. in Chile, continues to make good progress. 2019 EARNINGS GUIDANCE Sempra Energy today affirmed its 2019 adjusted earnings-per-share guidance range of $5.70 to $6.30. NON-GAAP FINANCIAL MEASURES Non-GAAP financial measures include Sempra Energy's adjusted earnings and adjusted earnings per common share for both the second quarter and first six months of 2019 and 2018, and 2019 adjusted earnings-per-share guidance. See Table A for additional information regarding these non-GAAP financial measures. INTERNET BROADCAST Sempra Energy will broadcast a live discussion of its earnings results over the Internet today at 12 p.m. ET with senior management of the company. Access is available by logging onto the website at www.sempra.com. For those unable to log onto the live webcast, the teleconference will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 7726556. Sempra Energy's mission is to be North America's premier energy infrastructure company. With 2018 reported revenues of more than $11.6 billion, the San Diego- based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees are focused on delivering energy with purpose to approximately 40 million consumers worldwide. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and social responsibility, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words such as "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or when we discuss our guidance, strategy, plans, goals, vision, mission, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: the greater degree and prevalence of wildfires in California in recent years and the risk that we may be found liable for damages regardless of fault, such as where inverse condemnation applies, and risk that we may not be able to recover any such costs in rates from customers in California or otherwise, including due to insufficient amounts in the wildfire fund; actions and the timing of actions, including decisions, investigations, new regulations and issuances of permits and other authorizations and renewal of franchises by the Comisión Federal de Electricidad (CFE), California Public Utilities Commission, U.S. Department of Energy, California Department of Conservation's Division of Oil, Gas, and Geothermal Resources, Los Angeles County Department of Public Health, U.S. Environmental Protection Agency, Federal Energy Regulatory Commission, Pipeline and Hazardous Materials Safety Administration, Public Utility Commission of Texas, states, cities and counties, and other regulatory and governmental bodies in the U.S. and other countries in which we operate; the success of business development efforts, construction projects, and major acquisitions, divestitures and internal structural changes, including risks in (i) obtaining or maintaining authorizations; (ii) completing construction projects on schedule and budget; (iii) obtaining the consent of partners; (iv) counterparties' ability to fulfill contractual commitments; (v) winning competitively bid infrastructure projects; (vi) the ability to complete contemplated acquisitions and/or divestitures and the disruptions caused by such efforts; and (vii) the ability to realize anticipated benefits from any of these efforts once completed; the resolution of civil and criminal litigation, regulatory investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or those of our subsidiaries or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; denial of approvals of proposed settlements; delays in, or denial of, regulatory agency authorizations to recover costs in rates from customers or regulatory agency approval for projects required to enhance safety and reliability; and moves to reduce or eliminate reliance on natural gas; the availability of electric power and natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, limitations on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; expropriation of assets, the failure to honor the terms of contracts by foreign governments and state-owned entities such as the CFE, and other property disputes; risks posed by actions of third parties who control the operations of our investments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; actions of activist shareholders, which could impact the market price of our securities and disrupt our operations as a result of, among other things, requiring significant time by management and our board of directors; changes in capital markets, energy markets and economic conditions, including the availability of credit; volatility in currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; the impact of federal or state tax reform and our ability to mitigate adverse impacts; changes in foreign and domestic trade policies and laws, including border tariffs and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the impact at San Diego Gas & Electric Company on competitive customer rates and reliability of electric transmission and distribution systems due to the growth in distributed and local power generation and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation or other forms of distributed and local power generation and the potential risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory capital requirements and other regulatory and governance commitments, including the determination by a majority of Oncor's independent directors or a minority member director to retain such amounts to meet future requirements; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov. Investors should not rely unduly on any forward-looking statements. These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG, Sempra Renewables, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra South American Utilities, Sempra North American Infrastructure, Sempra LNG, Sempra Renewables, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the California Public Utilities Commission. SEMPRA ENERGY Table A CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS Three months ended June 30, Six months endedJune 30, (Dollars in millions, except per share amounts; shares in thousands) 2019 2018 (1) 2019 2018 (1) (unaudited) REVENUES Utilities $ 1,895 $ 1,820 $ 4,410 $ 4,010 Energy-related businesses 335 355 718 701 Total revenues 2,230 2,175 5,128 4,711 EXPENSES AND OTHER INCOME Utilities: Cost of natural gas (136) (179) (667) (527) Cost of electric fuel and purchased power (263) (320) (519) (591) Energy-related businesses cost of sales (63) (70) (171) (139) Operation and maintenance (838) (742) (1,670) (1,483) Depreciation and amortization (389) (377) (772) (749) Franchise fees and other taxes (112) (104) (242) (221) Impairment losses — (1,300) — (1,300) Gain on sale of assets 66 — 66 — Other income (expense), net 28 (56) 110 96 Interest income 21 18 42 47 Interest expense (258) (228) (518) (434) Income (loss) from continuing operations before income taxesand equity earnings (losses) 286 (1,183) 787 (590) Income tax (expense) benefit (47) 602 (89) 360 Equity earnings (losses) 118 (4) 219 (25) Income (loss) from continuing operations, net of income tax 357 (585) 917 (255) Income from discontinued operations, net of income tax 78 55 36 83 Net income (loss) 435 (530) 953 (172) (Earnings) losses attributable to noncontrolling interests (45) (5) (86) 12 Mandatory convertible preferred stock dividends (35) (25) (71) (53) Preferred dividends of subsidiary (1) (1) (1) (1) Earnings (losses) attributable to common shares $ 354 $ (561) $ 795 $ (214) Basic earnings (losses) per common share: Earnings (losses) from continuing operations attributable to common shares $ 1.03 $ (2.29) $ 2.82 $ (1.08) Earnings from discontinued operations attributable to common shares $ 0.26 $ 0.18 $ 0.07 $ 0.26 Earnings (losses) attributable to common shares $ 1.29 $ (2.11) $ 2.89 $ (0.82) Weighted-average common shares outstanding 274,987 265,837 274,831 261,906 Diluted earnings (losses) per common share: Earnings (losses) from continuing operations attributable to common shares $ 1.01 $ (2.29) $ 2.78 $ (1.08) Earnings from discontinued operations attributable to common shares $ 0.25 $ 0.18 $ 0.07 $ 0.26 Earnings (losses) attributable to common shares $ 1.26 $ (2.11) $ 2.85 $ (0.82) Weighted-average common shares outstanding 279,619 265,837 278,424 261,906 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table A (Continued) RECONCILIATION OF SEMPRA ENERGY ADJUSTED EARNINGS TO SEMPRA ENERGY GAAP EARNINGS (LOSSES) (Unaudited) Sempra Energy Adjusted Earnings and Adjusted Earnings Per Common Share (Adjusted EPS) exclude items (after the effects of income taxes and, if applicable, noncontrolling interests) in 2019 and 2018 as follows: Three months ended June 30, 2019: $45 million gain on the sale of certain Sempra Renewables assets Three months ended June 30, 2018: $(755) million impairment of certain non-utility natural gas storage assets in the southeast U.S. at Sempra LNG $(145) million other-than-temporary impairment of certain U.S. wind equity method investments at Sempra Renewables $(22) million impacts associated with Aliso Canyon litigation at Southern California Gas Company (SoCalGas) Six months ended June 30, 2019: $45 million gain on the sale of certain Sempra Renewables assets Associated with holding the South American businesses for sale: $(103) million income tax expense from outside basis differences in our South American businesses primarily related to the change in our indefinite reinvestment assertion from our decision in January 2019 to hold these businesses for sale $10 million income tax benefit from a reduction in a valuation allowance against certain net operating loss (NOL) carryforwards as a result of our decision to sell our South American businesses Six months ended June 30, 2018: $(755) million impairment of certain non-utility natural gas storage assets at Sempra LNG $(145) million other-than-temporary impairment of certain U.S. wind equity method investments at Sempra Renewables $(22) million impacts associated with Aliso Canyon litigation at SoCalGas $(25) million income tax expense to adjust Tax Cuts and Jobs Act of 2017 (TCJA) provisional amounts Sempra Energy Adjusted Earnings and Adjusted EPS are non-GAAP financial measures (GAAP represents accounting principles generally accepted in the United States of America). Because of the significance and/or nature of the excluded items, management believes that these non-GAAP financial measures provide a meaningful comparison of the performance of business operations to prior and future periods. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. The table below reconciles for historical periods these non-GAAP financial measures to Sempra Energy GAAP Earnings (Losses) and GAAP EPS, which we consider to be the most directly comparable financial measures calculated in accordance with GAAP. Pretax amount Income taxexpense(benefit) (1) Earnings Pretaxamount Income tax (benefit) expense (1) Non-controlling interests (Losses)earnings (Dollars in millions, except per share amounts; shares in thousands) Three months ended June 30, 2019 Three months ended June 30, 2018 Sempra Energy GAAP Earnings (Losses) $ 354 $ (561) Excluded items: Gain on sale of certain Sempra Renewables assets $ (61) $ 16 (45) $ — $ — $ — — Impairment of non-utility natural gas storage assets — — — 1,300 (499) (46) 755 Impairment of U.S. wind equity method investments — — — 200 (55) — 145 Impacts associated with Aliso Canyon litigation — — — 1 21 — 22 Sempra Energy Adjusted Earnings $ 309 $ 361 Diluted earnings (losses) per common share: Sempra Energy GAAP EPS $ 1.26 $ (2.11) (2) Sempra Energy Adjusted EPS $ 1.10 $ 1.35 Weighted-average common shares outstanding, diluted – GAAP 279,619 267,536 (2) Six months ended June 30, 2019 Six months ended June 30, 2018 Sempra Energy GAAP Earnings (Losses) $ 795 $ (214) Excluded items: Gain on sale of certain Sempra Renewables assets $ (61) $ 16 (45) $ — $ — $ — — Associated with holding the South American businesses for sale: Change in indefinite reinvestment assertion of basis differences in discontinued operations — 103 103 — — — — Reduction in tax valuation allowance against certain NOL carryforwards — (10) (10) — — — — Impairment of non-utility natural gas storage assets — — — 1,300 (499) (46) 755 Impairment of U.S. wind equity method investments — — — 200 (55) — 145 Impacts associated with Aliso Canyon litigation — — — 1 21 — 22 Impact from the TCJA — — — — 25 — 25 Sempra Energy Adjusted Earnings $ 843 $ 733 Diluted earnings (losses) per common share: Sempra Energy GAAP EPS $ 2.85 $ (0.82) (2) Sempra Energy Adjusted EPS $ 3.03 $ 2.78 Weighted-average common shares outstanding, diluted – GAAP 278,424 263,584 (2) (1) Except for adjustments that are solely income tax and tax related to outside basis differences, income taxes on pretax amounts were primarily calculated based on applicable statutory tax rates. (2) In both the three months and six months ended June 30, 2018, total weighted-average potentially dilutive securities of 1.7 million were not included in the computation of GAAP losses per common share since to do so would have decreased the loss per share. SEMPRA ENERGY Table A (Continued) SEMPRA ENERGY 2019 ADJUSTED EPS GUIDANCE RANGE (Unaudited) Sempra Energy 2019 Adjusted EPS Guidance Range of $5.70 to $6.30 excludes: $103 million income tax expense from outside basis differences in our South American businesses primarily related to the change in our indefinite reinvestment assertion from our decision in January 2019 to hold these businesses for sale. $10 million income tax benefit from a reduction in a valuation allowance against certain NOL carryforwards as a result of our decision to sell our South American businesses. $45 million after-tax gain related to the April 2019 sale of the remaining U.S. renewables assets and investments to American Electric Power Company, Inc. any potential charge from San Diego Gas & Electric Company's (SDG&E) $322.5 million initial contribution in September 2019 and annual contributions of $12.9 million in each of the next 10 years to the California wildfire fund pursuant to the wildfire legislation that was recently signed into law. We are evaluating the accounting and tax treatment of the initial and annual contributions. any potential gain from the planned sale of our South American businesses. Because the sale process for the planned divestiture of our South American businesses initiated in January 2019 is ongoing, the terms and structure of any potential sale transaction(s) are unknown, including the terms that would impact the final income tax expense resulting from the expected change in our assertion regarding indefinite reinvestment of foreign undistributed earnings, including timing and amounts of repatriation of such earnings. Sempra Energy 2019 Adjusted EPS Guidance is a non-GAAP financial measure. Because of the significance and nature of the excluded items, management believes that this non-GAAP financial measure provides a meaningful comparison of the performance of business operations to prior and future periods. Sempra Energy 2019 Adjusted EPS Guidance should not be considered an alternative to GAAP EPS Guidance. Non-GAAP financial measures are supplementary information that should be considered in addition to, but not as a substitute for, the information prepared in accordance with GAAP. Due to the uncertainty surrounding the accounting and tax treatment of SDG&E's contributions to the California wildfire fund and the terms and structure of any potential transaction(s) associated with the planned sale of our South American businesses, 2019 GAAP EPS Guidance, the most directly comparable financial measure calculated in accordance with GAAP, is inestimable. SEMPRA ENERGY Table B CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30,2019 December 31,2018 (1) (unaudited) Assets Current assets: Cash and cash equivalents $ 168 $ 102 Restricted cash 50 35 Accounts receivable, net 1,242 1,535 Due from unconsolidated affiliates 23 37 Income taxes receivable 106 60 Inventories 214 258 Regulatory assets 195 138 Greenhouse gas allowances 61 59 Assets held for sale — 713 Assets held for sale in discontinued operations 445 459 Other 279 249 Total current assets 2,783 3,645 Other assets: Restricted cash 21 21 Due from unconsolidated affiliates 710 644 Regulatory assets 1,780 1,589 Nuclear decommissioning trusts 1,044 974 Investment in Oncor Holdings 10,930 9,652 Other investments 2,082 2,320 Goodwill 1,602 1,602 Other intangible assets 219 224 Dedicated assets in support of certain benefit plans 409 416 Insurance receivable for Aliso Canyon costs 381 461 Deferred income taxes 150 141 Greenhouse gas allowances 416 289 Right-of-use assets – operating leases 600 — Assets held for sale in discontinued operations 3,453 3,259 Sundry 865 962 Total other assets 24,662 22,554 Property, plant and equipment, net 35,282 34,439 Total assets $ 62,727 $ 60,638 (1) Derived from audited financial statements, which have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table B (Continued) CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30,2019 December 31,2018 (1) (unaudited) Liabilities and Equity Current liabilities: Short-term debt $ 2,395 $ 2,024 Accounts payable, net 1,200 1,298 Due to unconsolidated affiliates 9 10 Dividends and interest payable 490 480 Accrued compensation and benefits 299 440 Regulatory liabilities 349 105 Current portion of long-term debt and finance leases 2,156 1,644 Reserve for Aliso Canyon costs 46 160 Greenhouse gas obligations 61 59 Liabilities held for sale in discontinued operations 336 368 Other 836 935 Total current liabilities 8,177 7,523 Long-term debt and finance leases 21,199 20,903 Deferred credits and other liabilities: Due to unconsolidated affiliates 38 37 Pension and other postretirement benefit plan obligations, net of plan assets 1,135 1,143 Deferred income taxes 2,626 2,321 Deferred investment tax credits 23 24 Regulatory liabilities 4,026 4,016 Asset retirement obligations 2,815 2,786 Greenhouse gas obligations 225 131 Liabilities held for sale in discontinued operations 1,090 1,013 Deferred credits and other 1,939 1,493 Total deferred credits and other liabilities 13,917 12,964 Equity: Sempra Energy shareholders' equity 17,440 17,138 Preferred stock of subsidiary 20 20 Other noncontrolling interests 1,974 2,090 Total equity 19,434 19,248 Total liabilities and equity $ 62,727 $ 60,638 (1) Derived from audited financial statements, which have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table C CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Six months ended June 30, (Dollars in millions) 2019 2018 (1) (unaudited) Cash Flows from Operating Activities Net income (loss) $ 953 $ (172) Less: Income from discontinued operations, net of income tax (36) (83) Income (loss) from continuing operations, net of income tax 917 (255) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization 772 749 Deferred income taxes and investment tax credits (12) (432) Impairment losses — 1,300 Gain on sale of assets (66) — Equity (earnings) losses (219) 25 Share-based compensation expense 39 33 Fixed-price contracts and other derivatives (28) (9) Other (4) 45 Intercompany activities with discontinued operations, net 64 42 Net change in other working capital components 84 268 Insurance receivable for Aliso Canyon costs 80 (84) Changes in other noncurrent assets and liabilities, net (104) (157) Net cash provided by continuing operations 1,523 1,525 Net cash provided by discontinued operations 181 148 Net cash provided by operating activities 1,704 1,673 Cash Flows from Investing Activities Expenditures for property, plant and equipment (1,651) (1,834) Expenditures for investments and acquisition (1,391) (9,823) Proceeds from sale of assets 902 1 Purchases of nuclear decommissioning trust assets (497) (487) Proceeds from sales of nuclear decommissioning trust assets 497 487 Advances to unconsolidated affiliates (16) (81) Repayments of advances to unconsolidated affiliates 9 1 Intercompany activities with discontinued operations, net (2) (8) Other 13 39 Net cash used in continuing operations (2,136) (11,705) Net cash used in discontinued operations (131) (112) Net cash used in investing activities (2,267) (11,817) Cash Flows from Financing Activities Common dividends paid (483) (416) Preferred dividends paid (71) (28) Preferred dividends paid by subsidiary (1) (1) Issuances of mandatory convertible preferred stock, net of $32 in offering costs — 1,693 Issuances of common stock, net of $38 in offering costs in 2018 20 2,090 Repurchases of common stock (18) (20) Issuances of debt (maturities greater than 90 days) 2,630 7,328 Payments on debt (maturities greater than 90 days) and finance leases (871) (1,799) (Decrease) increase in short-term debt, net (444) 1,265 Proceeds from sale of noncontrolling interest, net of $1 in offering costs — 85 Purchases of and distributions to noncontrolling interests (31) (9) Intercompany activities with discontinued operations, net — 70 Other (37) (104) Net cash provided by continuing operations 694 10,154 Net cash used in discontinued operations (83) (44) Net cash provided by financing activities 611 10,110 Effect of exchange rate changes in continuing operations — — Effect of exchange rate changes in discontinued operations — (3) Effect of exchange rate changes on cash, cash equivalents and restricted cash — (3) Increase (decrease) in cash, cash equivalents and restricted cash, including discontinued operations 48 (37) Cash, cash equivalents and restricted cash, including discontinued operations, January 1 246 364 Cash, cash equivalents and restricted cash, including discontinued operations, June 30 $ 294 $ 327 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table D SEGMENT EARNINGS (LOSSES) AND CAPITAL EXPENDITURES, INVESTMENTS AND ACQUISITIONS Three months endedJune 30, Six months endedJune 30, (Dollars in millions) 2019 2018 (1) 2019 2018 (1) (unaudited) Earnings (Losses) Attributable to Common Shares SDG&E $ 143 $ 146 $ 319 $ 316 SoCalGas 30 33 294 258 Sempra Texas Utilities 113 114 207 129 Sempra Mexico 73 97 130 117 Sempra Renewables 46 (109) 59 (88) Sempra LNG 6 (764) 11 (780) Parent and other (127) (126) (244) (235) Discontinued operations 70 48 19 69 Total $ 354 $ (561) $ 795 $ (214) Three months endedJune 30, Six months endedJune 30, (Dollars in millions) 2019 2018 (1) 2019 2018 (1) (unaudited) Capital Expenditures, Investments and Acquisitions SDG&E $ 352 $ 376 $ 708 $ 851 SoCalGas 335 380 659 783 Sempra Texas Utilities 1,226 117 1,282 9,278 Sempra Mexico 157 81 242 168 Sempra Renewables 2 6 2 37 Sempra LNG 90 91 146 137 Parent and other 3 10 3 403 Total $ 2,165 $ 1,061 $ 3,042 $ 11,657 (1) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table E OTHER OPERATING STATISTICS (Unaudited) Three months endedJune 30, Six months endedJune 30, UTILITIES 2019 2018 2019 2018 SDG&E and SoCalGas Gas sales (Bcf) (1) 75 76 214 189 Transportation (Bcf) (1) 124 137 268 284 Total deliveries (Bcf) (1) 199 213 482 473 Total gas customer meters (thousands) 6,902 6,865 SDG&E Electric sales (millions of kWhs) (1) 3,244 3,394 6,826 7,000 Direct Access and Community Choice Aggregation (millions of kWhs) 848 926 1,688 1,671 Total deliveries (millions of kWhs) (1) 4,092 4,320 8,514 8,671 Total electric customer meters (thousands) 1,463 1,453 Oncor (2) Total deliveries (millions of kWhs) 31,516 32,658 61,628 39,313 Total electric customer meters (thousands) 3,655 3,590 Ecogas Natural gas sales (Bcf) 1 — 2 6 Natural gas customer meters (thousands) 126 121 ENERGY-RELATED BUSINESSES Power generated and sold (millions of kWhs) Sempra Mexico Termoeléctrica de Mexicali (TdM) 693 824 1,830 1,777 Wind and solar (3) 445 351 690 619 (1) Includes intercompany sales. (2) Includes 100 percent of the electric deliveries and customer meters of Oncor Electric Delivery Company LLC (Oncor), in which we hold an 80.25-percent interest through our March 2018 acquisition of our equity method investment in Oncor Electric Delivery Holdings Company LLC (Oncor Holdings). Total deliveries for the six months ended June 30, 2018 only include volumes from the March 9, 2018 acquisition date. (3) Includes 50 percent of the total power generated and sold at the Energía Sierra Juárez wind power generation facility, in which Sempra Energy has a 50-percent ownership interest. Energía Sierra Juárez is not consolidated within Sempra Energy, and the related investment is accounted for under the equity method. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT Three months ended June 30, 2019 (Dollars in millions) SDG&E SoCalGas Sempra TexasUtilities SempraMexico SempraRenewables SempraLNG Consolidating Adjustments, Parent & Other Total Revenues $ 1,094 $ 806 $ — $ 318 $ 3 $ 86 $ (77) $ 2,230 Cost of sales and other expenses (642) (599) — (130) (9) (88) 56 (1,412) Depreciation and amortization (189) (148) — (46) — (3) (3) (389) Gain on sale of assets — — — — 61 — 5 66 Other income (expense), net 19 1 — 17 — — (9) 28 Income (loss) before interest and tax (1) 282 60 — 159 55 (5) (28) 523 Net interest (expense) income (101) (33) — (10) 1 13 (107) (237) Income tax (expense) benefit (35) 4 — (44) (14) (2) 44 (47) Equity earnings (losses), net — — 113 4 2 — (1) 118 (Earnings) losses attributable to noncontrolling interests (3) — — (36) 2 — — (37) Preferred dividends — (1) — — — — (35) (36) Earnings (losses) from continuing operations $ 143 $ 30 $ 113 $ 73 $ 46 $ 6 $ (127) 284 Earnings from discontinued operations 70 Earnings attributable to common shares $ 354 Three months ended June 30, 2018 (2) (Dollars in millions) SDG&E SoCalGas SempraTexas Utilities Sempra Mexico SempraRenewables SempraLNG ConsolidatingAdjustments, Parent & Other Total Revenues $ 1,051 $ 772 $ — $ 310 $ 40 $ 79 $ (77) $ 2,175 Cost of sales and other expenses (667) (565) — (123) (23) (91) 54 (1,415) Depreciation and amortization (169) (138) — (43) (14) (11) (2) (377) Impairment losses — — — — — (1,300) — (1,300) Other income (expense), net 25 13 — (95) — — 1 (56) Income (loss) before interest and tax (1) 240 82 — 49 3 (1,323) (24) (973) Net interest (expense) income (52) (25) — (14) (3) 6 (122) (210) Income tax (expense) benefit (42) (23) — 55 58 506 48 602 Equity earnings (losses), net — — 114 71 (187) 1 (3) (4) (Earnings) losses attributable to noncontrolling interests — — — (64) 20 46 — 2 Preferred dividends — (1) — — — — (25) (26) Earnings (losses) from continuing operations $ 146 $ 33 $ 114 $ 97 $ (109) $ (764) $ (126) (609) Earnings from discontinued operations 48 Losses attributable to common shares $ (561) (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and income tax, neither of which is directly relevant to the efficiency of those operations. (2) Amounts have been retrospectively adjusted for discontinued operations. SEMPRA ENERGY Table F (Unaudited) STATEMENTS OF OPERATIONS DATA BY SEGMENT Six months ended June 30, 2019 (Dollars in millions) SDG&E SoCalGas SempraTexasUtilities SempraMexico SempraRenewables SempraLNG Consolidating Adjustments, Parent &Other Total Revenues $ 2,239 $ 2,167 $ — $ 701 $ 10 $ 227 $ (216) $ 5,128 Cost of sales and other expenses (1,339) (1,512) — (322) (20) (230) 154 (3,269) Depreciation and amortization (375) (295) — (90) — (5) (7) (772) Gain on sale of assets — — — — 61 — 5 66 Other income, net 41 17 — 36 — — 16 110 Income (loss) before interest and tax (1) 566 377 — 325 51 (8) (48) 1,263 Net interest (expense) income (203) (67) — (21) 8 23 (216) (476) Income tax (expense) benefit (40) (15) — (116) (4) (6) 92 (89) Equity earnings (losses), net — — 207 6 5 2 (1) 219 Earnings attributable to noncontrolling interests (4) — — (64) (1) — — (69) Preferred dividends — (1) — — — — (71) (72) Earnings (losses) from continuing operations $ 319 $ 294 $ 207 $ 130 $ 59 $ 11 $ (244) 776 Earnings from discontinued operations 19 Earnings attributable to common shares $ 795 Six months ended June 30, 2018 (2) (Dollars in millions) SDG&E SoCalGas Sempra Texas Utilities Sempra Mexico Sempra Renewables Sempra LNG Consolidating Adjustments, Parent & Other Total Revenues $ 2,106 $ 1,898 $ — $ 618 $ 65 $ 183 $ (159) $ 4,711 Cost of sales and other expenses (1,308) (1,278) — (252) (44) (193) 114 (2,961) Depreciation and amortization (335) (273) — (86) (27) (22) (6) (749) Impairment losses — — — — — (1,300) — (1,300) Other income (expense), net 53 46 — (2) — — (1) 96 Income (loss) before interest and tax (1) 516 393 — 278 (6) (1,332) (52) (203) Net interest (expense) income (103) (52) — (29) (6) 11 (208) (387) Income tax (expense) benefit (98) (82) — (100) 65 494 81 360 Equity earnings (losses), net — — 129 30 (182) 1 (3) (25) Losses (earnings) attributable to noncontrolling interests 1 — — (62) 41 46 — 26 Preferred dividends — (1) — — — — (53) (54) Earnings (losses) $ 316 $ 258 $ 129 $ 117 $ (88) $ (780) $ (235) (283) Earnings from discontinued operations 69 Losses attributable to common shares $ (214) (1) Management believes Income (Loss) Before Interest and Tax is a useful measurement of our segments' performance because it can be used to evaluate the effectiveness of our operations exclusive of interest and
SoCalGas and Calgren Announce Completion of Dairy Renewable Natural Gas Facility, Expected to be Largest in U.S.
PIXLEY, Calif., July 29, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today joined Calgren Dairy Fuels, and state and local elected officials to announce the completion of Calgren's dairy renewable natural gas facility. The project, located in the Central Valley community of Pixley, is the first of its kind in California and is expected to be the largest dairy biogas operation in the U.S. later this year. At the new facility, Calgren collects cow manure – a potent source of greenhouse gas emissions - from four local dairy farms and processes it in an anaerobic digestor that accelerates the natural decomposition process. Methane emissions (biogas) from that process are captured and converted to make renewable vehicle fuels. Producing pipeline quality renewable natural gas (RNG) that is injected into the SoCalGas pipeline system allows Calgren to supply RNG to existing compressed natural gas (CNG) refueling facilities. Ultimately, this also has the potential to be delivered to customers to fuel ultra-low emissions trucks and buses, generate clean electricity, and heat homes and businesses. Calgren plans to partner with eight additional dairy farms by the end of 2019, which will make the facility the largest dairy biogas project in the nation. At a ceremony today marking the completion of the project, SoCalGas presented Calgren with a $5 million incentive check authorized by the California Public Utilities Commission (CPUC) to support the development of renewable energy projects. "As part of our vision to be the cleanest natural gas company in North America, we have committed to replacing 20 percent of the natural gas we deliver today with renewable natural gas, primarily from organic sources, by 2030," said Jeff Walker, vice president of customer solutions at SoCalGas. "Renewable natural gas is a ready, reliable and realistic way to reduce GHG emissions and pollution from heavy duty transportation and buildings and will help ensure that families and businesses have an affordable option for heating and cooking as California transitions to a clean energy future." "Calgren is proud to be the first facility in California to operate a dairy digester pipeline cluster and to work with both the dairies and SoCalGas to mitigate emissions," said Walt Dwelle, principal owner of Calgren Renewable Fuels. "This facility alone will eventually capture methane produced from the manure of more than 75,000 cows, preventing about 130,000 tons of greenhouse gas from entering the atmosphere each year, the equivalent of taking more than 25,000 passenger cars off the road for a year." RNG is a renewable fuel produced from food waste, farms, landfills, and even sewer systems. It can rapidly cut greenhouse gas emissions (GHGs) because it takes more climate pollution out of the air than it emits as an energy source. RNG is already helping eliminate emissions from trucks and buses. Over the last five years, RNG use as a transportation fuel has increased 577 percent, helping displace over seven million tons of carbon dioxide equivalent (how greenhouse gas emissions are measured). That's equal to the total energy used by more than 868,000 homes for one year. SoCalGas is working to build on RNG's success in the transportation sector by making it available to fuel the homes of the company's 21 million customers across Southern California. Earlier this year, SoCalGas' committed to replace 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030 – as part of a broad, inclusive and integrated plan to help to help achieve California's ambitious climate goals. To kickstart the plan, SoCalGas will pursue regulatory authority to implement a broad renewable natural gas procurement program with a goal of replacing five percent of its natural gas supply with RNG by 2022. SoCalGas also recently filed a request with the CPUC to allow customers to purchase renewable natural gas for their homes. SoCalGas seeks to have CPUC approval of its voluntary program by the end of the year. Research shows that replacing about 20 percent of California's traditional natural gas supply with RNG would lower emissions equal to retrofitting every building in the state to run on electric only energy and at a fraction of the cost. Using RNG in buildings can be two to three times less expensive than any all-electric strategy and does not require families or businesses to purchase new appliances or take on costly construction projects. Today organic waste from farms, landfills, and wastewater treatment plants account for 80 percent of methane emissions in California. A 2016 law requires 40 percent of methane from the state's landfills and dairies to be captured, with provisions to deliver that energy to customers. This will bolster the supply of RNG that is already growing rapidly as cities and towns across the country look to divert organic waste from landfills. In California, scientists at the University of California, Davis estimate that the state's existing organic waste could produce enough RNG to meet the needs of 2.3 million homes. "Renewable natural gas is a viable and cost-effective solution to achieving emissions reductions in this state," said Tulare County Supervisor Pete Vander Poel. " Tulare County is the dairy capital of the world, and it's fantastic to see industries working together to have a positive impact on our air and environment. Innovation like this will not only reduce greenhouse gases and improve air quality, it will provide job opportunities for county residents and economic growth." "Renewable natural gas is a smart way to address climate pollution," said Assemblymember Devon Mathis (26 th District). "It not only helps develop new businesses and economic opportunities, it also reduces emissions while allowing people to keep the option of using gas for home heating, cooking and other needs." The dairy digesters in the Calgren project and others like it are also partly funded under California's Dairy Digester Research and Development Program, which aims to reduce greenhouse gas emissions from manure generated at state dairy farms. The state currently has about 30 operational dairy RNG projects and 50 more in various stages of development that will result in more than 50 million metric tons of greenhouse gas reduction (CO2e) over the next 20 years, according to the industry group Dairy Cares. Experts estimate as many as 120 projects could be funded and operating in the next five years. For more information on SoCalGas vision for California's clean energy future, visit www.socalgas.com/vision Please see photos from the event here: https://flic.kr/s/aHsmFBtc4t About SoCalGas Headquartered in Los Angeles, SoCalGas ® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians—about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas 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 Calgren Dairy Fuels, LLC With its affiliates, Calgren has been producing renewable fuels in California's Central Valley since 2008. The carbon intensity of its fuel ethanol is among the lowest available. As a result of its pipeline dairy digester project, Calgren has added renewable compressed natural gas to its slate of products. The company also produces low carbon renewable biodiesel from waste feed stocks without the use of chemical catalysts. SOURCE Southern California Gas Company
SoCalGas Named a Leader in Promoting Energy-Efficient Construction by U.S. Environmental Protection Agency
LOS ANGELES, July 25, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced its recognition by the U.S. Environmental Protection Agency with an ENERGY STAR Certified Homes Market Leader award for 2018. The award acknowledges SoCalGas' commitment to promoting environmental protection and energy efficient construction through the California ENERGY STAR New Homes Program Marketing Support Bonus offered as part of its California Advanced Homes Program. The company also received this award in 2015 and 2017. "SoCalGas is committed to reducing greenhouse gas emissions, and one way we do that is by encouraging the construction of homes that meet ENERGY STAR guidelines," said Dan Rendler, director of customer programs and assistance at SoCalGas. "We are pleased the U.S. EPA continues to recognize our leadership in the area of energy efficiency and are proud to receive this award yet again." "The success of the ENERGY STAR program is grounded in the great work of our partners, and our Market Leader Award winners demonstrate a high level of commitment to making ENERGY STAR certified homes and apartments available to American consumers," said an ENERGY STAR program spokesperson. "Energy efficiency is an important part of reducing our impact on the environment and providing environmentally-conscious construction to homebuyers," said Bill Holford, president of Olson Communities at The Olson Company. "SoCalGas' commitment to energy efficiency is admirable and we are proud to be one of their partners." SoCalGas continues to be a leader in researching and developing new technologies that improve energy efficiency and protect the environment. Between 2014 and 2018, SoCalGas energy efficiency programs delivered more than 180 million therms in energy savings, enough natural gas usage for 403,000 households a year, and reducing greenhouse gas emissions (GHGs) by nearly 955,000 metric tons, the equivalent of removing more than 202,000 cars from the road annually. These advances have also helped save SoCalGas customers more than $198 million in utility bill costs. In 2018 alone, SoCalGas' energy efficiency programs saved customers $57 million. In addition to SoCalGas' energy efficiency programs, the company is focused on reducing greenhouse gas emissions and help meet the state's ambitious climate goals though a recently announced, bold plan to replace 20 percent of its traditional natural gas supply with renewable natural gas (RNG) by 2030. The announcement is part of SoCalGas' vision to be the cleanest natural gas utility in North America, delivering affordable and increasingly renewable energy to its customers. To kickstart the plan, SoCalGas will pursue regulatory authority to implement a broad renewable natural gas procurement program with a goal of replacing five percent of its natural gas supply with RNG by 2022. The company has also requested that the California Public Utilities Commission allow it to offer customers the option of purchasing a portion of their gas as renewable natural gas. Renewable natural gas is a clean fuel produced from our waste streams (i.e., sewers and food waste, as well as dairy and agriculture waste) and can be used like traditional natural gas to heat homes and businesses, for cooking, and to fuel trucks and buses. RNG reduces GHG emissions because it takes more GHG emissions out of the air than it emits as an energy source. It also has the same positive impact to the environment as electrifying all homes and buildings in California but at one half to one third of the cost to ratepayers. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas 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 Alerts Customers About Possible Utility Earthquake Valve Scam
LOS ANGELES, July 23, 2019 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today alerted customers about reports of a possible scam in areas impacted by recent earthquakes. Earlier this week, SoCalGas customers in the City of Tustin reported being approached by a door-to-door salesperson offering to install an earthquake shutoff valve and promising that SoCalGas would provide a rebate. While earthquake shutoff valves are available and can be installed by a licensed professional, SoCalGas does not currently offer a rebate for earthquake shutoff valves. During an earthquake, SoCalGas advises customers not to shut off their own gas service unless they smell, hear, or see signs of a natural gas leak, and only if conditions are safe to do so. SoCalGas' natural gas system is resilient during earthquakes and shaking does not typically result in a natural gas leak. Customers should look, listen and smell for signs of a natural gas leak after an earthquake. If a gas leak is suspected, customers should evacuate everyone from the area immediately. If customers turn off their natural gas during an earthquake or other emergency, they should never attempt to restore natural gas service themselves. Customers should instead call SoCalGas at 1-800-427-2200 (or 1-800-342-4545 in Spanish) to schedule an appointment to have their natural gas service safely restored by a professional. In addition to knowing when to turn off your natural gas service, there are several steps customers can take to prepare for earthquakes or other emergencies. They include: KEEP AN ADJUSTABLE WRENCH: It's important to know where your natural gas meter is located and keep a 12-inch+ adjustable wrench near your building exit or next to your natural gas meter shut-off valve. Steps to safely turn off your natural gas meter can be found here: https://www3.socalgas.com/stay-safe/emergency-information/shut-off-natu… SECURE WATER HEATER: To keep your water heater from moving or toppling in an earthquake, customers should strap it firmly to the wall studs in two places - the upper and lower one-third of the tank – using heavy bolts and metal strapping. Be sure to place the lower strap at least four inches above the thermostat controls. CHECK SAFETY DEVICES REGULARLY: Check your safety devices, like smoke and carbon monoxide detectors, regularly to make sure they're working properly. Call SoCalGas or a qualified professional to inspect your furnace and other natural gas appliances for safe operation. MAKE AN EMERGENCY PREPAREDNESS PLAN: Being prepared for an emergency means more than just having supplies available; it means having a written plan and practicing that plan with your family. Consider having a unique plan for each type of emergency, e.g. an earthquake; flood; house or wild fire; intruder; school or work emergency; and large chemical spills near your neighborhood. If you are approached at home by someone claiming to be a SoCalGas representative, please remember: SoCalGas employees carry proper identification when called out to any job. Customers should verify the employee's proper uniform and identification before letting anyone in the home or on their property. SoCalGas employees will always be happy to wait while the customer confirms their identity. For more information about some of the most common scams targeting utility customers, visit socalgas.com/scam-alert. For a complete list of rebates offered by SoCalGas, visit our website. For more information on emergency preparedness and other helpful emergency tips, visit socalgas.com/beprepared. About SoCalGas Headquartered in Los Angeles, SoCalGas® is the largest natural gas distribution utility in the United States. SoCalGas delivers affordable, reliable, clean and increasingly renewable natural gas service to 21.8 million customers across 24,000 square miles of Central and Southern California, where more than 90 percent of residents use natural gas for heating, hot water, cooking, drying clothes or other uses. Natural gas delivered through the company's pipelines also plays a key role in providing electricity to Californians— about 45 percent of electric power generated in the state comes from gas-fired power plants. SoCalGas' vision is to be the cleanest natural 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 natural gas system infrastructure while keeping bills affordable for our customers. From 2014 through 2018, the company invested nearly $6.5 billion to upgrade and modernize its natural gas system to enhance safety and reliability. SoCalGas is a subsidiary of Sempra Energy (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook . SOURCE Southern California Gas Company
Sempra Energy To Report Second-Quarter 2019 Earnings Aug. 2
SAN DIEGO, July 19, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE) plans to release its second-quarter 2019 earnings at 7 a.m. ET, Aug. 2. Sempra Energy executives will conduct a conference call at 12 p.m. ET, Aug. 2. 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. Prior to the conference call, a slide presentation detailing the earnings results also will be posted at 7 a.m. ET, Aug. 2, on Sempra Energy's website. For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 7726556 or it can be accessed on the company's website. Sempra Energy's mission is to be North America's premier energy infrastructure company. With 2018 reported revenues of more than $11.6 billion, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies' more than 20,000 employees are focused on delivering energy with purpose to approximately 40 million consumers worldwide. Sempra Energy has been consistently recognized for its leadership in diversity and inclusion, and social responsibility, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. SOURCE Sempra Energy

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

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