Sempra Advances Strategic Capital Recycling Program with Sale of Ecogas
Sempra announced the successful completion of the sale of Ecogas, its natural gas distribution network in Mexico, for approximately $500 million in proceeds. The transaction is part of the company's strategic capital recycling program, intended to strengthen its financial position and support a record $65 billion five-year capital plan focused on regulated utilities in Texas and California.
Key figures
- Deal Value Usd
- 500000000
- Capital plan
- $65 billion
- Si partners equity sale percent
- 45%
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