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Sempra Energy Reports Strong First-Quarter 2021 Earnings Results

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SAN DIEGO, May 5, 2021 /PRNewswire/ Sempra Energy (NYSE: SRE) today announced first-quarter 2021 earnings of $874 million, or $2.87 per diluted share, compared to first-quarter 2020 earnings of $760 million, or $2.53 per diluted share. On an adjusted basis, the company s first-quarter 2021 earnings were $900 million, or $2.95 per diluted share, compared to $741 million, or $2.47 per diluted share, in the first quarter of 2020.
Visit Sempra.com to view the full-size infographic.
Over the last several years, we have narrowed our market focus, expanded investment in our utilities and worked hard to improve safety and operating results, said Jeffrey W. Martin, chairman and CEO of Sempra Energy. Taken together, these activities also support our financial commitments and, in part, are reflected in the strength of our first quarter results. The company is well positioned to deliver another strong year of financial performanc ....

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Sempra Energy Releases 2020 Corporate Sustainability Report

/PRNewswire/ Sempra Energy (NYSE: SRE) today released its 2020 Corporate Sustainability Report, highlighting the company s actions to create long-term value. ....

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Sempra Energy Launches Exchange Offer For Publicly Owned Shares Of IEnova

Sempra Energy Launches Exchange Offer For Publicly Owned Shares Of IEnova
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Lynn Schenk - California High Speed Rail

Lynn Schenk
Lynn Schenk, Board Member
Lynn Schenk is an attorney and senior corporate advisor. She serves on the Board of Directors of Cambridge, Mass. based Biogen Idec,(NASDAQ BIIB), the Board of Trustees of the Scripps Research Institute, and the Board of the San Diego Consortium for Regenerative Medicine. In 2006, she completed her term as a commissioner of the California Medical Assistance Commission.
Ms. Schenk served as Chief of Staff to California Governor Gray Davis from 1999 to 2003. As Chief of Staff to the Governor, she oversaw the day to day operations of state government through the 12 Cabinet agencies and more than 75 departments and offices. She managed the Governor’s office staff of about 200 and had the homeland security office, the National Guard, and the Office of Emergency Services reporting directly to her. She was the Governor’s chief executive and top policy advisor. ....

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Sempra Energy Announces Agreement To Sell Non-Controlling Interest In Sempra Infrastructure Partners

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 ....

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