Sempra Energy Sells Infrastructure Stake to KKR for $3.37 Billion

21
9
Favorite

Sempra Energy Sells Infrastructure Stake to KKR for $3.37 Billion

Matthew DiLallo2021-04-06

Sempra Energy (NYSE:SRE) has agreed to sell a 20% interest in Sempra Infrastructure Partners to leading global investment company KKR (NYSE:KKR) for $3.37 billion in cash. The energy company is ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（9）

whhhhhhhhh
·2021-04-06
nice
Reply
Like
Report
RocketToMars
·2021-04-06
Good
Reply
3
Report
Ah_jim
·2021-04-06
thx for sharing
Reply
2
Report
ZYMing
·2021-04-06
please comment
Reply
1
Report
Fold Replies
- Pecktian78:
  Hihi
  2021-04-06
  Reply
  Report
Egging
·2021-04-06
Like and comment people! Let's rock this!
Reply
3
Report
Zarkness
·2021-04-06
Synergy in sync. Good news! But didn’t state how it’s going forward with the new combine entity. Andhow it’s going to unlock the value forward.
Reply
1
Report
Foros
·2021-04-06
Nice
Reply
1
Report
Fold Replies
- Zarkness:
  Yes nice!
  2021-04-06
  Reply
  Report
MrOh
·2021-04-06
Growing Guys!
Reply
1
Report
Fold Replies
- MrOh:
  Yes [强]
  2021-04-06
  Reply
  Report
- Foros:
  To the moon
  2021-04-06
  Reply
  Report
咩咩虎
·2021-04-06
Nice
Reply
2
Report
Fold Replies
- Zarkness:
  Nice
  2021-04-06
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2125769189?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-04-06 10:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2125769189","market":"us","top_or_hot":-1,"title":"Sempra Energy Sells Infrastructure Stake to KKR for $3.37 Billion","media":"Matthew DiLallo","content":"<div>\n<p>Sempra Energy (NYSE:SRE) has agreed to sell a 20% interest in Sempra Infrastructure Partners to leading global investment company KKR (NYSE:KKR) for $3.37 billion in cash. The energy company is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/05/sempra-energy-sells-infrastructure-stake-to-kkr-fo/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sempra Energy Sells Infrastructure Stake to KKR for $3.37 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSempra Energy Sells Infrastructure Stake to KKR for $3.37 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 10:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/05/sempra-energy-sells-infrastructure-stake-to-kkr-fo/><strong>Matthew DiLallo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sempra Energy (NYSE:SRE) has agreed to sell a 20% interest in Sempra Infrastructure Partners to leading global investment company KKR (NYSE:KKR) for $3.37 billion in cash. The energy company is ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/05/sempra-energy-sells-infrastructure-stake-to-kkr-fo/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SRE","symbol_name":"桑普拉能源","start_time":0,"source_url":"https://www.fool.com/investing/2021/04/05/sempra-energy-sells-infrastructure-stake-to-kkr-fo/","article_id":"2125769189","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2125769189","pubTimestamp":1617674580,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The utility plans to use the cash to help fund the expansion of its U.S. operations.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SRE":"桑普拉能源"},"translate_title":"Sempra Energy以33.7亿美元出售基础设施股份给KKR","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRE":0.9},"content_text":"Sempra Energy (NYSE:SRE) has agreed to sell a 20% interest in Sempra Infrastructure Partners to leading global investment company KKR (NYSE:KKR) for $3.37 billion in cash. The energy company is combining its non-utility infrastructure assets -- including Sempra LNG, a leading developer of liquified natural gas export infrastructure; and IEnova, a leading developer of renewable energy and natural gas infrastructure in Mexico -- into a new business platform. The deal values Sempra Infrastructure Partners at $25.2 billion, including its $8.37 billion in debt. This transaction will do two things for Sempra Energy. First, it will simplify the company's non-utility infrastructure investments under one self-funding platform. That will enable Sempra Energy Partners to increase its scale, unlock cost-saving synergies, highlight its value, and better position it for growth. By combining its resources with KKR, Sempra Energy will be able to capture new clean-energy investment opportunities.Image source: Getty Images.On top of that, the transaction will also provide Sempra Energy with cash proceeds to strengthen its balance sheet and fund the expansion of its core U.S. utility operations. The company currently has a $32 billion capital program underway to grow its U.S. utility operations. Sempra Energy expects that the deal will be accretive to its earnings because it's reinvesting the cash proceeds from the sale into expansion projects.The deal completes Sempra Energy's plan to combine its non-utility infrastructure assets into one self-funding entity, which it unveiled last December. That will allow the energy company to focus on growing its U.S. utility operations and North American infrastructure, which it believes will create significant shareholder value as the continent's energy markets keep growing and become increasingly integrated.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":343133029,"gmtCreate":1617686254961,"gmtModify":1704701790353,"author":{"id":"3580173923007017","authorId":"3580173923007017","name":"whhhhhhhhh","avatar":"https://static.tigerbbs.com/8824e3b5f4add639330c973ea53e2e35","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580173923007017","authorIdStr":"3580173923007017"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343133029","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343327565,"gmtCreate":1617680046057,"gmtModify":1704701719335,"author":{"id":"3549455086460474","authorId":"3549455086460474","name":"RocketToMars","avatar":"https://static.tigerbbs.com/e454fc8aa9e282f1caae6fe919b0b36e","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3549455086460474","authorIdStr":"3549455086460474"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343327565","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343328891,"gmtCreate":1617679505913,"gmtModify":1704701712066,"author":{"id":"3578529809564390","authorId":"3578529809564390","name":"Ah_jim","avatar":"https://community-static.tradeup.com/news/742ddd5bea56f31cdf74ec88f2419b0c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578529809564390","authorIdStr":"3578529809564390"},"htmlText":"thx for sharing","listText":"thx for sharing","text":"thx for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343328891","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343362050,"gmtCreate":1617678574770,"gmtModify":1704701700853,"author":{"id":"3559879461000945","authorId":"3559879461000945","name":"ZYMing","avatar":"https://static.tigerbbs.com/08d00471a2b4a297a190c72e7dea2a2e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559879461000945","authorIdStr":"3559879461000945"},"htmlText":"please comment","listText":"please comment","text":"please comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343362050","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967938,"gmtCreate":1617678784300,"gmtModify":1680783021990,"authorId":3575932937315728,"author":{"id":3575932937315728,"idStr":"3575932937315728","authorId":3575932937315728,"name":"Pecktian78","avatar":"https://static.tigerbbs.com/8afb4149b569f2592b6f8cbc97605f98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343362050,"type":1,"supId":0,"prevId":0,"content":"Hihi","text":"Hihi","html":"Hihi"}],"langContent":"EN"},{"id":343366240,"gmtCreate":1617678562080,"gmtModify":1704701700367,"author":{"id":"3574409680880402","authorId":"3574409680880402","name":"Egging","avatar":"https://static.tigerbbs.com/5d5b3caed5b1dc46f9f3a4e05eef58cb","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3574409680880402","authorIdStr":"3574409680880402"},"htmlText":"Like and comment people! Let's rock this!","listText":"Like and comment people! Let's rock this!","text":"Like and comment people! Let's rock this!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343366240","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343363719,"gmtCreate":1617678371231,"gmtModify":1704701696786,"author":{"id":"3572916667219493","authorId":"3572916667219493","name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572916667219493","authorIdStr":"3572916667219493"},"htmlText":"Synergy in sync. Good news! But didn’t state how it’s going forward with the new combine entity. Andhow it’s going to unlock the value forward. &nbsp;","listText":"Synergy in sync. Good news! But didn’t state how it’s going forward with the new combine entity. Andhow it’s going to unlock the value forward. &nbsp;","text":"Synergy in sync. Good news! But didn’t state how it’s going forward with the new combine entity. Andhow it’s going to unlock the value forward.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/343363719","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":343360486,"gmtCreate":1617678113545,"gmtModify":1704701693318,"author":{"id":"3574156765565189","authorId":"3574156765565189","name":"Foros","avatar":"https://static.tigerbbs.com/4aab8cbc5838ac3992a3d449f933303e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574156765565189","authorIdStr":"3574156765565189"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343360486","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967901,"gmtCreate":1617678387500,"gmtModify":1680783020576,"authorId":3572916667219493,"author":{"id":3572916667219493,"idStr":"3572916667219493","authorId":3572916667219493,"name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343360486,"type":1,"supId":0,"prevId":0,"content":"Yes nice!","text":"Yes nice!","html":"Yes nice!"}],"langContent":"EN"},{"id":343385715,"gmtCreate":1617677835837,"gmtModify":1704701688920,"author":{"id":"3569721400044726","authorId":"3569721400044726","name":"MrOh","avatar":"https://static.tigerbbs.com/975622ef69279a1291fb06bc96b8da96","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569721400044726","authorIdStr":"3569721400044726"},"htmlText":"Growing Guys!&nbsp;","listText":"Growing Guys!&nbsp;","text":"Growing Guys!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/343385715","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967880,"gmtCreate":1617678207587,"gmtModify":1680783020323,"authorId":3569721400044726,"author":{"id":3569721400044726,"idStr":"3569721400044726","authorId":3569721400044726,"name":"MrOh","avatar":"https://static.tigerbbs.com/975622ef69279a1291fb06bc96b8da96","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343385715,"type":1,"supId":3967867,"prevId":0,"content":"Yes  [强]","text":"Yes  [强]","html":"Yes  [强]"},{"id":3967867,"gmtCreate":1617678123258,"gmtModify":1680783018737,"authorId":3574156765565189,"author":{"id":3574156765565189,"idStr":"3574156765565189","authorId":3574156765565189,"name":"Foros","avatar":"https://static.tigerbbs.com/4aab8cbc5838ac3992a3d449f933303e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343385715,"type":1,"supId":0,"prevId":0,"content":"To the moon","text":"To the moon","html":"To the moon"}],"langContent":"EN"},{"id":343389219,"gmtCreate":1617677166131,"gmtModify":1704701680142,"author":{"id":"3568542354994015","authorId":"3568542354994015","name":"咩咩虎","avatar":"https://static.tigerbbs.com/a6663bef57eca539a2c52ea184964654","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568542354994015","authorIdStr":"3568542354994015"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343389219","repostId":2125769189,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967903,"gmtCreate":1617678402008,"gmtModify":1680783019800,"authorId":3572916667219493,"author":{"id":3572916667219493,"idStr":"3572916667219493","authorId":3572916667219493,"name":"Zarkness","avatar":"https://static.tigerbbs.com/4b8c61830c4883c4232aece921d89d14","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.09","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343389219,"type":1,"supId":0,"prevId":0,"content":"Nice ","text":"Nice ","html":"Nice "}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":21,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}