Sempra completed the sale of a 45% equity stake in Sempra Infrastructure Partners to KKR affiliates in a transaction valued at approximately $10 billion. The KKR-led consortium will own 65% of the business, while Sempra will retain 25% and an Abu Dhabi Investment Authority affiliate will hold the remaining 10%. Sempra is expected to receive approximately $4.65 billion in cash at closing, plus deferred payments that accrue interest, for total expected proceeds of approximately $11.5 billion. The transaction is part of Sempra’s strategy to simplify its operations and redirect capital toward its regulated utilities in Texas and California, where rising electricity demand is driving additional infrastructure investment.
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