Sempra (SRE) Completes Sale of 45% Equity Interest in Sempra Infrastructure Partners
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Sempra (NYSE: SRE) closed the sale of a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR and indirect co-investors, completing a transaction announced earlier. The deal brings KKR into the ownership of Sempra's infrastructure unit alongside the San Diego-based utility holding company. Sempra said the sale closed as previously disclosed, though the announcement did not restate the transaction value. The completion marks a significant capital move for Sempra, which has been reshaping its portfolio around regulated utilities and energy infrastructure. Investors will watch how Sempra deploys the proceeds and whether the new partnership alters SI Partners' growth plans.
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Named in this story
Sempra (SRE), Sempra Infrastructure Partners, KKR (KKR)
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