Latest Sempra Energy Stories

SAN DIEGO, March 22, 2013 /PRNewswire/ -- Sempra Energy (NYSE:SRE) today announced that its subsidiary Infraestructura Energetica Nova, S.A.B. de C.V. (formerly Sempra Mexico and referred to as IEnova) has priced its private offering of 91,037,426 shares of Class II, Single Series, common stock at an initial offering price of Ps.34.00 per share, which is equivalent to approximately US$2.75, based upon an exchange rate of Ps.12.3841 to US$1.00 as of March 21, 2013, as published by...

SAN DIEGO, March 12, 2013 /PRNewswire/ -- East El Capitan ridge, a habitat of the threatened California coastal gnatcatcher and home to a golden eagle nesting site, has been preserved and protected thanks to San Diego Gas & Electric (SDG&E) and the United States Forest Service. Nearly 80 acres above El Capitan Reservoir on the Eastern slopes of El Cajon Mountain (referred to as East El Capitan) is being donated by SDG&E to the U.S. Forest Service as part of the Sunrise...

Company spends nearly 42 percent on diverse suppliers LOS ANGELES, March 1, 2013 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) achieved a record year in 2012 for contracting with Diverse Business Enterprises (DBEs) with nearly 42 percent of its contracting budget going to minority businesses for goods, supplies and services. DBE companies fall into three categories: Minority Business Enterprises (MBE), Women Business Enterprises (WBE) and Service-Disabled Veteran Business...

SAN DIEGO, Feb. 28, 2013 /PRNewswire/ -- Sempra U.S. Gas & Power today announced it has completed the sale of one 625-megawatt (MW) block of its 1,250-MW Mesquite Power natural gas-fired power plant to the Salt River Project Agricultural Improvement and Power District (SRP) for $371 million. Under terms of the sales agreement, which was announced on Dec. 26, 2012, SRP acquires 100-percent ownership of a 625-MW power block and 50-percent undivided interest in plant facilities....

SAN DIEGO, Feb. 27, 2013 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that Jack T. Taylor has been appointed to the company's board of directors. "Jack Taylor's leadership and extensive experience in public accounting enhances the depth of our board," said Debra L. Reed, chairman and chief executive officer of Sempra Energy. "His energy industry and international experience, in particular, will be valuable as we execute our strategic plan." Taylor demonstrated...

SAN DIEGO, Feb. 27, 2013 /PRNewswire/ -- The board of directors of San Diego Gas & Electric (SDG&E) has declared regular quarterly dividends for the preferred and preference series stock of the company as follows: SDG&E: Cumulative Preferred 5% Series $0.25 per share Cumulative Preferred 4.60% Series $0.23 per share Cumulative Preferred 4.50% Series $0.225 per share Cumulative Preferred 4.40% Series $0.22 per share...

- Earnings-per-Share Guidance Range of $4.30 to $4.80 Set for 2013 SAN DIEGO, Feb. 26, 2013 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported 2012 earnings of $859 million, or $3.48 per diluted share, compared with $1.3 billion, or $5.51 per diluted share, in 2011. Earnings in 2012 included $239 million in non-cash charges related to a write-down on Sempra U.S. Gas & Power's 25-percent ownership stake in the Rockies Express Pipeline. The charges were...

SAN DIEGO, Feb. 25, 2013 /PRNewswire/ -- Sempra Energy (NYSE:SRE) today announced that its Sempra Mexico unit intends to offer, subject to market and other conditions, shares of its common stock in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The shares in this private offering will be offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to persons outside the...

ULUPALAKUA, Maui, Hawaii, Feb. 22, 2013 /PRNewswire/ -- U.S. Sen. Brian Schatz, Hawaii Lt. Gov. Shan Tsutsui and Maui County Mayor Alan Arakawa today joined officials from Sempra U.S. Gas & Power, BP Wind Energy and community leaders for the dedication of the new Auwahi Wind facility on Ulupalakua Ranch. The eight wind turbines are situated along the slopes of the Haleakala volcano and generate enough electricity to power 10,000 local homes. More than 200 guests attended...

SAN DIEGO, Feb. 22, 2013 /PRNewswire/ -- Sempra Energy (NYSE:SRE) today announced that its board of directors has approved a 5-percent increase in the dividend on shares of the company's common stock to $2.52 per share, on an annualized basis, from $2.40 per share. The first quarterly installment of the new dividend is payable April 15, 2013, to shareholders of record on March 28, 2013. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2011...