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ENERGY & UTILITIES
sempra.com

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Investments

13

Portfolio Exits

9

Partners & Customers

10

About Sempra Energy

Sempra Energy (NYSE: SRE) consists of companies that develop energy infrastructure, operate utilities, and provide related products and services to consumers worldwide. Its businesses include California utilities San Diego Gas & Electric Co. and Southern California Gas Co.

Sempra Energy Headquarter Location

488 8th Ave.

San Diego, California, 92101,

United States

619-696-2000

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Fortune 500 Investor list

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Latest Sempra Energy News

Abu Dhabi Investments acquires 10% of Sempra Energy for $1.8 billion

Dec 22, 2021

Energy infrastructure company Sembra Energy announced Tuesday that it will sell a 10 percent stake in its Sembra Infrastructure Partners unit. The US company, Sembra Energy, added that it would sell that stake to a unit of the Abu Dhabi Investment Authority for $1.785 billion in cash. The company also said it will use the proceeds from the sale to fund capital expenditures on its facilities and buy back $500 million in stock. Sempra Energy expects the deal with the UAE’s largest sovereign wealth fund to close next year. In April, the company agreed to sell a 20% stake to US global investment firm KKR for $3.37 billion. Source: Reuters On: Wednesday – December 22, 2021 Energy infrastructure company Sembra Energy announced Tuesday that it will sell a 10 percent stake in its Sembra Infrastructure Partners unit. The US company, Sembra Energy, added that it would sell that stake to a unit of the Abu Dhabi Investment Authority for $1.785 billion in cash. The company also said it will use the proceeds from the sale to fund capital expenditures on its facilities and buy back $500 million in stock. Sempra Energy expects the deal with the UAE’s largest sovereign wealth fund to close next year. In April, the company agreed to sell a 20% stake to US global investment firm KKR for $3.37 billion. Source: Reuters These were the details of the news Abu Dhabi Investments acquires 10% of Sempra Energy for $1.8 billion for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new. It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

Sempra Energy Investments

13 Investments

Sempra Energy has made 13 investments. Their latest investment was in Sharyland Utilities as part of their Corporate Minority on October 10, 2018.

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Sempra Energy Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/18/2018

Corporate Minority

Sharyland Utilities

$98M

Yes

1

8/16/2011

Series E

ClearEdge Power

$73.5M

Yes

8

8/15/2008

Series B

HID Laboratories

$4.5M

Yes

12/21/2006

Series C

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$99M

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10

3/22/2005

Series C

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$99M

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10

Date

10/18/2018

8/16/2011

8/15/2008

12/21/2006

3/22/2005

Round

Corporate Minority

Series E

Series B

Series C

Series C

Company

Sharyland Utilities

ClearEdge Power

HID Laboratories

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Amount

$98M

$73.5M

$4.5M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

8

10

10

Sempra Energy Portfolio Exits

9 Portfolio Exits

Sempra Energy has 9 portfolio exits. Their latest portfolio exit was Sempra Energy - Chilean Business on October 31, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/31/2019

Divestiture

2

10/14/2019

Acquired - II

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$99M

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10

9/30/2019

Corporate Majority - P2P - II

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10

4/26/2016

Acquired

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$99M

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10

7/19/2014

Acquired

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10

Date

10/31/2019

10/14/2019

9/30/2019

4/26/2016

7/19/2014

Exit

Divestiture

Acquired - II

Corporate Majority - P2P - II

Acquired

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

2

10

10

10

10

Sempra Energy Acquisitions

6 Acquisitions

Sempra Energy acquired 6 companies. Their latest acquisition was IEnova on December 02, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/2/2020

Debt

$99M

$241M

Acquired

1

8/22/2017

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$99M

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10

4/6/2011

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$99M

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10

1/19/2011

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$99M

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10

7/28/2008

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$99M

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10

Date

12/2/2020

8/22/2017

4/6/2011

1/19/2011

7/28/2008

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$241M

Note

Acquired

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Sources

1

10

10

10

10

Sempra Energy Partners & Customers

10 Partners and customers

Sempra Energy has 10 strategic partners and customers. Sempra Energy recently partnered with National Renewable Energy Laboratory on June 6, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

6/23/2021

Client

National Renewable Energy Laboratory

United States

Photo courtesy of Sempra Energy. Carbon-Neutral Future Unites NREL, Sempra Energy in Partnership. Shared Vision for Access to Affordable, Reliable, Secure Energy for All.

`` Our partnership with National Renewable Energy Laboratory drives forward a vision to advance the energy systems of the future by focusing on innovation and resiliency , '' said Lisa Alexander , senior vice president of corporate affairs and chief sustainability officer for Sempra Energy .

1

6/13/2021

Partner

National Renewable Energy Laboratory

United States

Sempra Energy and National Renewable Energy Laboratory to advance future net-zero energy systems

Our partnership with National Renewable Energy Laboratory drives forward a vision to advance the energy systems of the future by focusing on innovation and resiliency , '' said Lisa Alexander , senior vice president of corporate affairs and chief sustainability officer for Sempra Energy .

3

11/9/2020

Partner

The Salk Institute for Biological Studies

United States

Salk Institute and Sempra Energy announce project to advance plant-based carbon capture and storage research - Salk Institute for Biological Studies

`` At Sempra Energy , we support partnerships designed to produce sustainable and responsible change , and we believe the Salk Institute is an ideal partner to make true progress in the fight against climate change , '' says Kevin Sagara , group president of Sempra Energy and advisory committee member of Salk Institute .

1

6/10/2020

Partner

Texas Economic Development

United States

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10

11/6/2018

Partner

TotalEnergies

France

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10

Date

6/23/2021

6/13/2021

11/9/2020

6/10/2020

11/6/2018

Type

Client

Partner

Partner

Partner

Partner

Business Partner

National Renewable Energy Laboratory

National Renewable Energy Laboratory

The Salk Institute for Biological Studies

Texas Economic Development

TotalEnergies

Country

United States

United States

United States

United States

France

News Snippet

Photo courtesy of Sempra Energy. Carbon-Neutral Future Unites NREL, Sempra Energy in Partnership. Shared Vision for Access to Affordable, Reliable, Secure Energy for All.

`` Our partnership with National Renewable Energy Laboratory drives forward a vision to advance the energy systems of the future by focusing on innovation and resiliency , '' said Lisa Alexander , senior vice president of corporate affairs and chief sustainability officer for Sempra Energy .

Sempra Energy and National Renewable Energy Laboratory to advance future net-zero energy systems

Our partnership with National Renewable Energy Laboratory drives forward a vision to advance the energy systems of the future by focusing on innovation and resiliency , '' said Lisa Alexander , senior vice president of corporate affairs and chief sustainability officer for Sempra Energy .

Salk Institute and Sempra Energy announce project to advance plant-based carbon capture and storage research - Salk Institute for Biological Studies

`` At Sempra Energy , we support partnerships designed to produce sustainable and responsible change , and we believe the Salk Institute is an ideal partner to make true progress in the fight against climate change , '' says Kevin Sagara , group president of Sempra Energy and advisory committee member of Salk Institute .

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Sources

1

3

1

10

10

Sempra Energy Team

5 Team Members

Sempra Energy has 5 team members, including former Chief Executive Officer, President, Michael W Allman.

Name

Work History

Title

Status

Michael W Allman

Chief Executive Officer, President

Former

Anthony Key

World Fuel Services, Enron, and Cargill

Chief Executive Officer

Former

David Keller

Chief Technology Officer, Chief Information Officer

Former

Kevin Chase

Chief Information Officer, Senior Vice President

Former

Randall L. Clark

Senior Vice President

Former

Name

Michael W Allman

Anthony Key

David Keller

Kevin Chase

Randall L. Clark

Work History

World Fuel Services, Enron, and Cargill

Title

Chief Executive Officer, President

Chief Executive Officer

Chief Technology Officer, Chief Information Officer

Chief Information Officer, Senior Vice President

Senior Vice President

Status

Former

Former

Former

Former

Former

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