Thursday, 3 January 2019

Sempra sells U.S. gas storage assets to ArcLight Capital Partners

Sempra's Mississippi Hub gas storage Sempra's Mississippi Hub gas storage

Sempra Energy has sealed a deal to divest its non-utility US natural gas storage facilities for $322 million to an affiliate of ArcLight Capital Partners. Once the sale is closed in Q1-2019, ArcLight will own 100% of Mississippi Hub and Bay Gas storage facilities.

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