SRE · 8-K · 20260806PR000043
Capital Expenditure Plan
SEMPRA · 2026-08-06 · Importance 64 · Surprise 42 · No source text
Sempra invested more than $6 billion in capital expenditures during the first half of 2026. The company’s record 2026–2030 capital plan totals approximately $65 billion, with 95% allocated to its Texas and California utilities. The plan is intended to support safe, reliable and affordable energy infrastructure and long-term utility growth.
Key facts
- Sempra's Capital Plan for 2026–2030 in Table D totals $64.9 billion, with $23.5B Sempra California, $38.2B Sempra Texas Utilities, and $3.2B Sempra Infrastructure. source
- Reconciliation note: Sempra’s Capital Plan assumes Sempra's 70% consolidated ownership of SI Partners for the first three months of 2026 and 25% ownership thereafter, representing Sempra's remaining interest under the equity method upon completion of the sale of a 45% equity interest in SI Partners. source
- Percentage of Sempra projected future capital expenditures for PP&E and investments (GAAP) by segment: 61% Sempra California, 29% Sempra Texas Utilities, 10% Sempra Infrastructure. source
- Percentage of Sempra Capital Plan by segment: 36% Sempra California, 59% Sempra Texas Utilities, 5% Sempra Infrastructure. source
- Sempra's capital expenditures for PP&E and investments (GAAP) for six months ended June 30, 2026: $6.2 billion; capital expenditures to unconsolidated entities: $(1.5) billion; capital expenditures at unconsolidated entities (proportionate): $3.2 billion; capital expenditures attributable to NCI owners: $(1.8) billion; capital deployed: $6.1 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | Sempra's Capital Plan for 2026–2030 in Table D totals $64.9 billion, with $23.5B Sempra California, $38.2B Sempra Texas Utilities, and… |
| assets | positive | committed | — | Sempra's Capital Plan for 2026–2030 in Table D totals $64.9 billion, with $23.5B Sempra California, $38.2B Sempra Texas Utilities, and… |
| assets | positive | committed | — | Sempra's Capital Plan for 2026–2030 in Table D totals $64.9 billion, with $23.5B Sempra California, $38.2B Sempra Texas Utilities, and… |
| assets | negative | probable | — | Reconciliation note: Sempra’s Capital Plan assumes Sempra's 70% consolidated ownership of SI Partners for the first three months of 2026… |
| assets | positive | realized | — | Sempra's capital expenditures for PP&E and investments (GAAP) for six months ended June 30, 2026: $6.2 billion; capital expenditures to… |