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Sempra Energy company history timeline

1998

In 1998, Sempra’s 12,000 employees served approximately 21 million consumers across 27,000 square miles in Southern California.

Sempra Energy was created through the 1998 merger of Los Angeles-based Pacific Enterprises, the parent company of SoCalGas, and Enova Corporation, the parent company of SDG&E.

1999

In 1999, the company acquired two utilities in South America; Chilquinta Energia in Chile and Luz Del Sur in Peru, which gave Sempra Energy an entry into the expanding Latin American energy market.

2001

Sempra was sued over claims it manipulated natural gas supplies and electricity contracts during the 2001 California electricity crisis.

2003

In 2003, Sempra Energy Resources, the former power generation subsidiary of Sempra Energy, completed three state-of-the-art power plant projects in Arizona, California and New Mexico.

2007

In 2007, Sempra created the Sempra Energy Foundation as a 501(c)(3) private foundation.

2008

In May 2008, Energía Costa Azul in Baja California began commercial operations, making it one of the first LNG receipt terminals on the West Coast.

2009

In July 2009, the Cameron LNG receipt terminal near Lake Charles, Louisiana, successfully completed performance testing and began commercial operations.

2013

In 2013, Sempra Energy produced revenues of approximately $10.5 billion.

2014

On May 7, 2014, Sempra’s stock price reached $100 for the first time, closing at $100.41.

2017

In August 2017, IEnova signed long-term contracts with a subsidiary of Valero Energy Corp. for the storage capacity of the liquid fuels marine terminal to be constructed in Veracruz and two inland storage facilities to be constructed in Puebla and Mexico City.

In October 2017, SoCalGas installed the first power-to-gas project in the United States at the Department of Energy’s National Renewable Energy Lab in Golden, Colorado.

2018

On March 8, 2018, regulators in Texas approved Sempra Energy's purchase of a majority stake in Oncor for $9.45 billion.

In 2018, Sempra Energy Foundation matched $1.2 million.

2019

In May 2019, Oncor Electric Delivery Company LLC acquired InfraREIT, and Sempra acquired a 50% limited-partnership interest in Sharyland Utilities, LLC, expanding the company’s presence in Texas.

Sempra Energy and Aramco signed a deal to supply LNG for Saudi Arabia in May 2019.

2020

In April 2020, Sempra Energy announced it had completed the sale of its business in Peru, Luz del Sur, for $3.59 billion.

Also in 2020, Energía Costa Azul’s liquefaction export project (ECA LNG) reached a final investment decision for the project in Baja California, Mexico.

2021

In 2021, SDG&E completed its multi-year project to harden its infrastructure in the Cleveland National Forest.

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Sempra Energy competitors

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The Williams Companies1908$10.5B5,425246
Dynegy1984$4.8B2,489-
Energy Transfer Solutions2003$8.5M759
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Kinder Morgan1997$15.1B11,012191
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Chevron1879$146.5B44,679489
Sunrun2007$2.0B8,500971

Sempra Energy history FAQs

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