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Sempra Energy to sell 20 per cent stake in unit to KKR for $3.37 bln
April 6, 2021
Source: Energyworld

Sempra Energy to sell 20 per cent stake in unit to KKR for $3.37 bln

Energy infrastructure company Sempra Energy said on Monday it would sell a 20% stake in its new business platform, Sempra Infrastructure Partners, to investment firm KKR for $3.37 billion in cash.The sale was flagged by Sempra in December and comes as the company sharpens its focus on renewables and energy storage to capitalize on the growing global demand for cleaner fuels.

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