secwatch.observer — SEC 8-K summary
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Issuer:     SEMPRA (SRE)
CIK:        0001032208
Form:       8-K
Filed at:   2025-09-23T23:59:59+00:00
Accession:  0001032208-25-000055
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032208/000103220825000055/0001032208-25-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032208/000103220825000055/sempra-20250922.htm
  HTML page:      https://secwatch.observer/filing/0001032208-25-000055

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