SRE · 8-K · 20260806PR000043
Capital Expenditure Program
SEMPRA · 2026-08-06 · Importance 64 · Surprise 42 · Contradicted
Sempra invested more than $6 billion in capital expenditures during the first half of 2026 to support its utility businesses. The 2026–2030 capital plan totals approximately $65 billion, with 95% allocated to Texas and California utilities. The detailed capital plan totals $64.9 billion, including $38.2 billion for Sempra Texas Utilities, $23.5 billion for Sempra California and $3.2 billion for Sempra Infrastructure. Six-month property, plant and equipment expenditures were $4.687 billion, while investment expenditures were $1.485 billion; total capital deployed was $6.1 billion after adjustments for unconsolidated entities and noncontrolling interests.
Key facts
- Sempra's record five-year 2026-2030 capital plan is approximately $65 billion, with 95% allocated to investments at its Texas and California utilities. source
- In the first half of 2026, Sempra's businesses invested capital expenditures of over $6 billion. source
- Expenditures for property, plant and equipment for the six months ended June 30, 2026: $(4,687) million. source
- Net cash used in investing activities for the six months ended June 30, 2026: $(6,164) million. source
- Capital expenditures for property, plant and equipment in Q2 2026: Sempra California $934 million, Sempra Infrastructure $1,291 million, segment totals $2,225 million, total Sempra Q2 capex $2,226 million. source
- Capital expenditures for investments in the six months ended June 30, 2026: Sempra Texas Utilities $1,485 million; total Sempra capital expenditures for investments $1,485 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -1.9% | Capital expenditures for property, plant and equipment in Q2 2026: Sempra California $934 million, Sempra Infrastructure $1,291 million,… |
| assets | positive | realized | +1.9% | Capital expenditures for property, plant and equipment in Q2 2026: Sempra California $934 million, Sempra Infrastructure $1,291 million,… |
| cash | negative | realized | — | Net cash used in investing activities for the six months ended June 30, 2026: $(6,164) million. |