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Strategic Transactions

All articles tagged with #strategic transactions

business3 months ago

Sempra Sells $10 Billion Stake in Infrastructure Unit to Fuel Growth and Expansion

Sempra announced strategic actions including selling a 45% stake in Sempra Infrastructure Partners for $10 billion, which enhances its financial strength and supports its goal of becoming a leading U.S. utility growth business. The company also reached a final investment decision for Port Arthur LNG Phase 2, with commercial operations expected in 2030-2031, and updated its EPS guidance for 2025 and 2026.