Sempra brings investor to Mexico’s LNG
Apr 5, 2021 2:51:pm
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by: Daniel Graeber
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Sempra brings investor to Mexico’s LNG
US-based utility Sempra Energy said April 5 its collaboration with investment firm KKR would help stimulate its Mexican footprint in LNG.
Sempra said it sold a 20% stake in its new business platform, Sempra Infrastructure Partners, to KKR for $3.37bn in cash. Sempra said the deal is part of an effort launched in December to put its non-utility infrastructure under one roof, combining the infrastructure from its own LNG company, Sempra LNG, and IEnova, its natural gas infrastructure subsidiary in Mexico.