💼 Business 1d ago · Rob Nikolewski

$10B deal that reduces Sempra’s LNG footprint about to get signed

San Diego Union-Tribune Business
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$10B deal that reduces Sempra’s LNG footprint about to get signed
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San Diego-based Sempra is about to wrap up a $10 billion deal that will significantly reduce its stake in liquefied natural gas (LNG) facilities, as the Fortune 500 energy company sharpens focus on its utilities holdings in California and Texas.
“We’ve made significant progress and expect to close within the next two weeks,” Sempra chairman and CEO Jeff Martin said Thursday of the transaction that’s been in the works for more than a year. The deal will see global private

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