Tuesday, 29 January 2019

Sempra divests South American utilities to focus on LNG ventures

Construction of Cameron LNG Train1-3 Construction of Cameron LNG Train1-3

California-based Sempra Energy has decided to sell its equity interests two utilities in Chile and Peru to focus on its LNG export ventures in North America. Sempra CEO Jeffrey W. Martin said “this planned sale allows us more focused capital investment in the U.S. and Mexico.”

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