NYSE:SREIntegrated Utilities
How Investors Are Reacting To Sempra (SRE) Pairing New Debt With Major Texas Grid Expansion
Sempra recently completed a US$1.00 billion floating-rate note offering due January 2028 and brought its Port Arthur Pipeline Louisiana Connector into service, while ERCOT endorsed over US$7.00 billion of future high-voltage transmission projects in Texas largely expected to be built by Sempra-controlled Oncor.
Together, these developments highlight how Sempra is pairing fresh financing with large-scale electric and gas infrastructure build-outs that could reshape its long-term regulated and...