Reuters reported Monday that the company’s company will sell some energy infrastructure assets in Mexico and the minority share in the sympathy infrastructure to provide $56 billion plans.
In February, the company predicted a five-year capital plan by about $56 billion, an increase of 16 percent in its previous plan, more than 90 percent of the expected capital spending on the company’s investment in Texas and California.
“These actions are designed to advance our company’s extensive efforts to facilitate the work and reduce reliance on the future of the joint share of the company’s five-year capital plan,” said Jeffrey Martin.
Services plan to sell Ecogas Mexico, which includes three services and distributes natural gas to more than 600,000 resident, commercial and industrial users in Mexico, Chiaawa and Laguna-Durungo.
The company, based in San Diego, California, plans to sell minorities’ shares in the infrastructure of Sempra, which has loose natural gas resources, pipelines and related storage.
Sempera has previously sold 20 percent of its shares to Kohlberg Kravis Roberts & Co. It’s about $16.9 billion in 2021 and 10 percent of its shares in Abu Dhabi’s investment in about $17.9 billion in
The transactions announced on Monday are expected to be completed within the next 12 to 18 months.
(rported by tanay dhumal district in Bengalre;