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Latest Southern California Gas Company Stories

2014-03-27 20:20:33

SAN DIEGO, March 27, 2014 /PRNewswire/ -- San Diego Gas & Electric (SDG&E) today executed a joint settlement with Southern California Edison (SCE), The Utility Reform Network (TURN) and the California Public Utilities Commission (CPUC) Office of Ratepayer Advocates (ORA) which, if approved, would resolve the CPUC's current inquiry into the June 2013 retirement of the San Onofre Nuclear Generating Station (SONGS). Last year, SCE, as the majority owner and operator of SONGS,...

2014-03-27 08:27:55

SAN DIEGO, March 27, 2014 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today updated its financial outlook in advance of its financial analyst conference in San Diego. During a live webcast at 1 p.m. EDT today, Sempra Energy's management team will outline the company's strategic initiatives to achieve a long-term compound annual earnings growth rate of 8 percent to 10 percent through 2018 and 9 percent to 11 percent through 2019. Sempra Energy reaffirmed its 2014 earnings-per-share...

2014-03-20 08:24:14

SAN DIEGO and VALHALLA, N.Y., March 20, 2014 /PRNewswire/ -- Sempra U.S. Gas & Power and Consolidated Edison Development (ConEdison Development) today announced agreements to partner in five solar projects in Nevada and California. http://photos.prnewswire.com/prnvar/20120103/LA29138LOGO The projects include Sempra U.S. Gas & Power's 250-megawatt (MW) Copper Mountain Solar 3 project near Las Vegas, and Consolidated Edison Development's CED California Holdings, LLC...

2014-03-13 12:22:48

LOS ANGELES, March 13, 2014 /PRNewswire/ -- Southern California Gas Co. (SoCalGas), a unit of Sempra Energy (NYSE: SRE), today closed a public offering of $250 million of 4.45 percent First Mortgage Bonds maturing on March 15, 2044. The proceeds from this issuance will be used to repay $250 million of outstanding 5.5 percent First Mortgage Bonds maturing on March 15, 2014. SoCalGas engaged four companies to act as joint book runners in this transaction: Citigroup, Credit...

2014-03-10 12:23:04

Company spends 45.4 percent of its procurement budget with woman, minority and service-disabled veteran-owned businesses LOS ANGELES, March 10, 2014 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) achieved a record year in 2013 with 45.4 percent of its contracting budget going to woman, minority, and service-disabled veteran-owned business enterprises. Over the years, SoCalGas has steadily increased its procurement with diverse suppliers and is seen as an industry leader....

2014-03-03 12:23:13

LOS ANGELES, March 3, 2014 /PRNewswire/ -- Dennis V. Arriola, president of Southern California Gas Co. (SoCalGas) has assumed the role as the company's CEO, effective March 1. Arriola succeeds Anne Shen Smith who has retired after 36 years with the company. Arriola's planned appointment to CEO and Smith's retirement were announced Sept. 25, 2013. "I am honored to lead a customer-focused organization committed to making a meaningful difference in the communities where we live and...

2014-02-27 08:24:44

-- Company Reaffirms 2014 Consolidated Earnings-per-Share Guidance Range of $4.25 to $4.55 SAN DIEGO, Feb. 27, 2014 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today reported 2013 earnings of $1 billion, or $4.01 per diluted share, compared with 2012 earnings of $859 million, or $3.48 per diluted share. As previously announced, full-year 2013 results included $77 million for the 2012 retroactive benefit from the California Public Utilities Commission (CPUC) General Rate Case...

2014-02-21 16:20:44

SAN DIEGO, Feb. 21, 2014 /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 $2.64 per share, on an annualized basis, from $2.52 per share. The first quarterly installment of the new dividend is payable April 15, 2014, to shareholders of record on March 27, 2014. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2012...

2014-02-18 20:21:40

LOS ANGELES, Feb. 18, 2014 /PRNewswire/ -- The board of directors of Southern California Gas Co. (SoCalGas) has declared regular quarterly dividends for the preferred series stock of the company as follows: SoCalGas: Preferred Stock $0.375 per share Preferred Stock, Series A $0.375 per share The dividends are payable on April 15, 2014, to shareholders of record on March 10, 2014. About Southern California Gas...

2014-02-11 12:22:26

SAN DIEGO, Feb. 11, 2014 /PRNewswire/ -- The U.S. Department of Energy (DOE) today issued a conditional authorization that allows Sempra Energy (NYSE: SRE) subsidiary Cameron LNG to export domestically produced liquefied natural gas (LNG) from its proposed liquefaction facilities in Hackberry, La., to countries that do not have a free trade agreement (FTA) with the U.S. Subject to environmental review and final regulatory approval, the authorization conditionally approves Cameron LNG...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.