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| December 17, 2018

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Debra Reed is stepping down as CEO of Sempra Energy

March 13, 2018 |

Just days after Sempra Energy wrapped up the largest acquisition in the company’s history, Debra Reed announced Monday that she will be stepping down as president and chief executive of the San Diego company.

Reed, 61, who has led Sempra since 2011, is one of the few women running a major corporation…


L.A. Times – Business

Sempra Energy bids $9.45 billion for Oncor, topping Warren Buffett’s offer

August 21, 2017 |

Sempra Energy is buying Texas power transmitter Oncor for $ 9.45 billion in cash, wresting it away from Warren Buffett’s Berkshire Hathaway.

Sempra said Monday that it will also pick up $ 9.35 billion of the company’s debt. To gain possession of Oncor, Sempra will acquire the reorganized Energy Future…


L.A. Times – Business

Sempra Energy Reaches Deal to Buy Oncor After Outbidding Berkshire

August 21, 2017 |

Sempra Energy has reached a deal to buy Oncor for $ 9.45 billion after swooping in to snatch the power-transmission company away from Warren Buffett’s Berkshire Hathaway.
WSJ.com: US Business

Sempra Energy shakes up its executive ranks

September 15, 2016 |

Sempra Energy, the San Diego-based parent of Southern California Gas Co., announced a shake-up involving nine executives at the top of its corporate structure.

Sempra President Mark Snell plans to retire in March and Jeff Martin will move from chairman, president and chief executive of San Diego…


L.A. Times – Business

Sempra Energy bets on liquefied natural gas to power future growth

March 31, 2014 |

Sempra Energy plans to invest up to $ 10 billion on a Louisiana facility for exporting liquefied natural gas. It could generate more than $ 10 billion in revenue a year.

Most people may take natural gas for granted. It fuels the flame on your stove, fires your furnace. It’s there when you need it.

    




L.A. Times – Business