Sempra to form infra business, sell stake

02 December 2020 - 12:00 am UTC

Sempra Energy plans to combine its Sempra LNG and Mexican energy business IEnova into a new entity, Sempra Infrastructure Partners, and sell a non-controlling interest in the platform.

The move is intended to simplify Sempra’s energy infrastructure investments under one platform “creating scale, unlocking portfolio synergies and better positioning the business for growth”, according to a 2 December press release.

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