The resulting ownership split
Sempra announced on November 12 that it completed the sale of a 45% equity interest in Sempra Infrastructure Partners to KKR affiliates, with Canada Pension Plan Investment Board participating as an indirect co-investor.
The KKR-led consortium now holds 65% of Infrastructure Partners. Sempra retains 25%, and an affiliate of Abu Dhabi Investment Authority continues to hold 10%. The transaction is therefore a partial exit by Sempra, rather than a sale of the entire parent company or all of its utility businesses.
How the sale fits the company’s plans
Infrastructure Partners holds LNG export and related infrastructure assets. Sempra says the closing supports its plan to simplify the business and direct resources toward utility growth in Texas and California. Those strategic aims are company statements, rather than guaranteed future results.
The closing notice points to a same-day Form 8-K for additional transaction information. This report does not infer an undisclosed cash amount from the ownership percentages or announce a new customer tariff.
