---
schema_version: "secwatch.filing_event.v1"
accession: "0001032208-25-000055"
form_type: "8-K"
ticker: "SRE"
cik: "0001032208"
company_name: "SEMPRA"
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:51:31.554010+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sempra sells 45% of Sempra Infrastructure Partners to KKR for $9.99B, approves PA LNG Phase 2 FID

## Summary
- Sells 45% of Sempra Infrastructure Partners to KKR/CPPIB for $9.99B base purchase price, raising KKR stake to 65%.
- Purchase price: $4.65B cash at close, $4.14B due Dec 2027 at 7.5% interest, $1.2B due ~2033 at 8.5%/10% interest.
- Approves PA LNG Phase 2 FID with ~13 Mtpa capacity, ~$14B capex, commercial ops in 2030-2031.
- Blackstone-led consortium invests $7B ($3.4B immediately, $3.6B later) for 49.9% equity in the PA LNG Phase 2 project.
- Sempra expects to record ~$500M income tax charge, classify Sempra Infrastructure as held for sale, stop depreciation.

## SEC filing metadata
- accession: 0001032208-25-000055
- form_type: 8-K
- ticker: SRE
- cik: 0001032208
- company_name: SEMPRA
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032208/000103220825000055/0001032208-25-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032208/000103220825000055/sempra-20250922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032208-25-000055
- JSON: https://secwatch.observer/filing/0001032208-25-000055.json
- Plain text: https://secwatch.observer/filing/0001032208-25-000055.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.