secwatch.observer — SEC 8-K summary
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Issuer:     SEMPRA (SRE)
CIK:        0001032208
Form:       8-K
Filed at:   2026-11-12T21:16:19+00:00
Accession:  0001032208-26-000057
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Sempra closes sale of 45% of Sempra Infrastructure to KKR/CPPIB; $4.56B cash, $2.8-3.3B gain
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- Received $4.56B cash at closing; remainder via $4.14B note at 7.5% due Dec 31, 2027 ($4.51B with interest) and $1.20B note at 8.5%/10.0% due Feb 11, 2034 ($2.31B).
- Expects pre-tax gain on sale of $2.80B-$3.30B ($2.00B-$2.40B after tax) plus $450M-$550M of additional transaction costs ($325M-$400M after tax).
- Post-close ownership: KKR Partners 65%, Sempra 25%, ADIA 10%; SI Partners deconsolidated Nov 12, 2026 and now equity-method within the Sempra Infrastructure segment.
- Justin C. Bird becomes EVP and CFO on Nov 13, 2026, succeeding Karen L. Sedgwick, who was named CEO of subsidiary Southern California Gas Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032208/000103220826000057/0001032208-26-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032208/000103220826000057/sempra-20261112.htm
  HTML page:      https://secwatch.observer/filing/0001032208-26-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer