Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

Sempra Energy completes $2 billion sale of Chilean businesses

 

Last updated 6/24/2020 at 11:32am



SAN DIEGO (CNS) - San Diego-based Sempra Energy announced today that it has completed the sale of its Chilean businesses for $2.23 billion to State Grid International Development Limited.

This sale includes Sempra's 100% stake in Chilquinta Energia S.A., Chile's third-largest electricity distributor and utility for more than two million people.

"Today's announcement completes the divestiture of all of Sempra Energy's South American assets — an important step in narrowing our strategic focus to the most attractive markets in North America," said Jeffrey W. Martin, chairman and CEO of Sem...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019

Rendered 07/07/2020 06:01