Sempra Energy to sell $322 million worth of natural gas assets to private equity
Sempra Energy said late Wednesday that it plans to sell its U.S. natural gas storage facilities to the private equity firm ArcLight Capital Partners for $322 million in cash. Sempra stock was up less than 0.1% in after-hours trading. The company said that it sold its U.S. solar assets for $1.6 billion last month and is currently looking for a buyer for its U.S. wind assets. Sempra stock closed down 1.4% to $106.73, as the S&P 500 index rose 0.1%.
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