SRE · 8-K · 20261105PR000051

Acquisition / Partnership / Divestiture

SEMPRA · 2026-11-05 · Importance 71 · Surprise 60 · In source text

Sempra’s planned sale of a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR remained on track and was expected to close within two weeks of November 5, 2026. The company estimated a $2.00 billion to $2.40 billion gain on the sale, subject to post-closing adjustments, and estimated associated ancillary costs of $325 million to $400 million. Sempra said the capital-recycling transactions are intended to simplify its business model, strengthen its financial position, and support long-term utility growth in Texas and California; Sempra Infrastructure Partners also completed the sale of Ecogas México in August 2026.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
net_incomepositiveprobable+34.5%Sempra expects a $2.00 billion to $2.40 billion gain on the sale of Sempra Infrastructure Partners, subject to post-closing adjustments,…
net_incomenegativeprobable-5.7%Sempra estimates $325 million to $400 million in ancillary costs associated with the Sempra Infrastructure Partners sale.
cashnegativeprobable—Sempra estimates $325 million to $400 million in ancillary costs associated with the Sempra Infrastructure Partners sale.