Sempra Streamlines Business with Ecogas Mexico Divestiture
Dow Jones
Aug 21
Sempra completes the sale of Ecogas, its Mexican natural gas distribution network, generating approximately $500 million in proceeds. The company says the transaction supports its capital recycling program and simplifies its business model. Ecogas serves over 600,000 customers across the Mexicali, Chihuahua and La Laguna-Durango regions. The sale allows Sempra to reduce its reliance on future common-equity issuances to fund growth.
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