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LOS ANGELES, April 12, 2021 /PRNewswire/ Southern California Gas Co. (SoCalGas) in conjunction with eight regional charity organizations today launched the 2021 Fueling Our Communities program to help feed individuals experiencing food insecurity. This year s program will provide free meals, groceries, and restaurant gift cards to thousands of individuals from 20 underserved communities across Los Angeles County. The program, which is funded by a $325,000 donation from the utility, will also help stimulate local small businesses and is expected to last through the spring.
The first event under this program was hosted over the weekend at Compton s Woodley Airport. SoCalGas, the Human Services Association, Assemblymember Mike Gipson, and Compton Councilwoman Tana McCoy, partnered to provide meal kits, groceries and gift cards from local restaurants to community members in need. Click here for photos.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Sempra Energy’s IEnova Unit To Report First-Quarter 2021 Earnings April 28
April 7, 2021 GMT
Sempra Energy Logo. (PRNewsFoto/Sempra Energy)
SAN DIEGO, April 7, 2021 /PRNewswire/ Sempra Energy’s (NYSE: SRE) Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), plans to release its first-quarter 2021 earnings by 6 p.m. ET, April 28, in advance of a conference call with IEnova executives at 11 a.m. ET, April 29.
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Briefing materials also will be posted by 6 p.m. ET, April 28, on IEnova’s website, www.ienova.com.mx.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Sempra Energy Announces Agreement To Sell Non-Controlling Interest In Sempra Infrastructure Partners
April 5, 2021 GMT
SAN DIEGO, April 5, 2021 /PRNewswire/ Sempra Energy (NYSE: SRE) today announced that it has entered into a definitive agreement to sell a non-controlling, 20% interest in Sempra Energy’s new business platform, Sempra Infrastructure Partners, to KKR for $3.37 billion in cash. KKR is a leading global investment firm.
This transaction values Sempra Infrastructure Partners at approximately $25.2 billion, including expected asset-related debt at closing of $8.37 billion.
Today’s announcement is part of a series of integrated transactions originally announced in December 2020 that are intended to simplify Sempra Energy’s non-utility infrastructure investments under one self-funding platform, combining the strengths of Sempra LNG, a leading developer of liquefied natural
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Chris Garner, the general manager of the Long Beach Water Department and Bob Dowel, the city’s director of Energy Resources, which oversees consumer natural gas delivery, sent a memo to city officials last month expressing interest in taking another look at consolidation.
The purpose of consolidation would be to create a single business entity under one governing body that would have utility-focused governance to help set policy and rates, the memo said. Currently, Garner is hired by and reports to the Board of Water Commissioners, while Dowell reports to the city manager.
A ballot measure that would have created a Utilities Commission to oversee both water and energy was presented in 2018 before the City Council and the Charter Amendment Committee, which voted to abandon it in August of that year by opting to leave it off that year’s November ballot.
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