April 16, 2021
Sempra Energy has taken preliminary steps to build this liquefied natural gas (LNG) liquefaction and export terminal in Port Arthur, Texas, shown in an artist's rendering. Sempra is selling a portion of its LNG and Mexico infrastructure business. Rendering courtesy of Sempra Energy.
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ENERGY: $3.37 Billion Cash Will Fund Growth
Sempra Energy has agreed to sell a minority stake in a new business entity, Sempra Infrastructure Partners, to investment firm KKR for $3.37 billion cash.