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, /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") plans to release its second quarter 2026 results on August 6, prior to Sempra's (NYSE: SRE) second quarter 2026 results conference call. Oncor's earnings release will be available on Oncor's website, oncor.com.

Sempra executives will host a conference call at 12 p.m. ET on Thursday, August 6 that will include discussion of Oncor's second quarter 2026 operational and financial results. Investors, media, analysts and the public may listen to a live webcast of the conference call by registering on the Investors section of Sempra's website and clicking on the appropriate link. Prior to the conference call, an accompanying slide presentation will be posted on sempra.com/investors.

For those unable to obtain access to the live webcast, it will be available on replay a few hours after its conclusion at sempra.com/investors.

Oncor's Quarterly Report on Form 10-Q for the period ended June 30, 2026 will be filed with the U.S. Securities and Exchange Commission after Sempra's conference call and, once filed, will also be available at oncor.com. 

Headquartered in Dallas, Oncor Electric Delivery Company LLC is a regulated electricity transmission and distribution business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest transmission and distribution system in Texas, delivering electricity to more than 4.1 million homes and businesses and operating more than 145,000 circuit miles of transmission and distribution lines in Texas. While Oncor is owned by two investors (indirect majority owner, Sempra, and minority owner, Texas Transmission Investment LLC), Oncor is managed by its Board of Directors, which is comprised of a majority of disinterested directors.

SOURCE Oncor Electric Delivery Company LLC

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Sempra (NYSE: SRE) plans to release its second-quarter 2026 earnings results by 8 a.m. ET on Thursday, August 6.

Senior leaders from across the company will host a conference call with a slide presentation at 12 p.m. ET on Thursday, August 6. Materials will be published prior to market open the same day.

Investors, analysts and others may register to listen to the live webcast and view related materials by visiting Sempra's Investors site.

About Sempra
Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com, including investor.sempra.com/corporate-updates which contains important information for investors, and on social media @sempra.

We use the investor.sempra.com/corporate-updates webpage as a means of disclosing important information to investors, some of which may be material, and complying with our disclosure obligations under SEC Regulation FD. The information on this webpage is supplemental to the information we disseminate to investors through other channels, including filings with the SEC, press releases, and public conference calls and webcasts, and investors should monitor all these sources for material information about us.

SOURCE Sempra

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, /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced that the ECA LNG Phase 1 project in Ensenada, Mexico, has safely and successfully loaded and shipped its first cargo of liquefied natural gas (LNG), an important milestone toward full commercial operations.

ECA First Cargo

"At a time of increased uncertainty in the global LNG trade, we are excited to begin shipping a new and reliable source of natural gas from North America's Pacific Coast to customers around the globe," said Justin Bird, chief executive officer of Sempra Infrastructure. "This achievement underscores the exceptional talent of the entire ECA LNG Phase 1 team and our company's steadfast commitment to safe and strong project execution."

"The start-up of ECA LNG, whose strategic location provides privileged access to Asian markets, strengthens the quality of our integrated LNG portfolio in North America. TotalEnergies is pleased to contribute to the project's ramp-up by exporting its first LNG cargoes," said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies.

Once the facility begins commercial operations, ECA LNG Phase 1 will be the first LNG liquefaction facility on Mexico's Pacific Coast. Due to its strategic location, it creates a competitive advantage for shippers from the facility, who have the unique ability to export U.S. natural gas to Asia and other Pacific Basin markets through the shortest shipping route, thus reducing transportation times, costs and uncertainty while providing customers with greater access to competitively priced U.S. natural gas.

ECA LNG Phase 1 is a joint venture with TotalEnergies and consists of a single liquefaction train with nameplate capacity of 3.25 million tonnes per annum (Mtpa) of LNG. The project is supported by long-term sale and purchase agreements with TotalEnergies and Mitsui & Co.

The project is expected to reach substantial completion in the summer of 2026, with sales under long-term sale and purchase agreements commencing shortly thereafter, when the facility begins commercial operations. A second and significantly larger phase is also under active development at the same site.

The ECA LNG facility is a cornerstone of Sempra Infrastructure's dual-coast LNG portfolio. With projects along the U.S. Gulf Coast and Mexico's Pacific Coast, Sempra Infrastructure offers customers the flexibility and reliability needed to meet growing demand for competitively priced U.S. natural gas.

About Sempra Infrastructure

Sempra Infrastructure, headquartered in Houston, is focused on delivering energy for a better world by developing, building, operating and investing in modern energy infrastructure, such as LNG, energy networks and low-carbon solutions that are expected to play a crucial role in the energy systems of the future. Through the combined strength of its assets in North America, Sempra Infrastructure is connecting customers to safe and reliable energy and advancing energy security. Sempra Infrastructure is a subsidiary of Sempra (NYSE: SRE), a leading utility growth company. For more information, visit SempraInfrastructure.com or connect with Sempra Infrastructure on social media @SempraInfra.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, audits, investigations, inquiries, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures and other significant transactions such as the planned sale of a portion of Sempra's equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact on our ability to pass through higher costs to customers due to volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure Partners and its subsidiaries, and the Sempra Texas utilities (Oncor and Sharyland Utilities) are not the same companies as the Sempra California utilities, SDG&E or SoCalGas, nor are they regulated by the California Public Utilities Commission (CPUC).

SOURCE Sempra Infrastructure

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, /PRNewswire/ -- Southern California Gas Company (SoCalGas), a subsidiary of Sempra (NYSE: SRE), in collaboration with U.S.VETS, hosted a special Fourth of July celebration today at the U.S.VETS Inland Empire campus on March Air Reserve Base, commemorating America's 250th anniversary while honoring the service and sacrifice of veterans and their families.

The event brought together approximately 150 veterans and their family members for an afternoon of community, connection, and celebration.

The gathering comes at a time when veteran support remains critical nationwide. On any given night, more than 32,000 veterans experience homelessness in the United States, underscoring the importance of organizations like U.S.VETS. At the Inland Empire campus alone, more than 400 veterans reside on site, making events like today's celebration a meaningful opportunity to foster community, connection, and recognition of service. 

"As our nation celebrates its 250th anniversary, it is especially meaningful to honor the veterans who have helped protect the freedoms we celebrate this Independence Day," said Paul Goldstein, vice president of supply chain and support operations at SoCalGas and executive sponsor of the company's veteran employee resource group. "SoCalGas is proud to serve our veterans today and, together with U.S.VETS, create a welcoming space where they feel appreciated, supported, and connected." 

Attendees enjoyed a festive lineup of activities, including a live BBQ meal served by SoCalGas employee volunteers, lawn games such as cornhole and life-sized Connect 4, tabletop games, and themed entertainment. The event created a welcoming and celebratory environment for veterans and their families ahead of Independence Day.

SoCalGas employees, including members of the company's veteran employee community, volunteered throughout the day—serving meals, facilitating activities, and engaging directly with residents—further strengthening the company's commitment to those who have served.

"On behalf of myself and our entire team, we are incredibly grateful for SoCalGas and the significant impact the company has made on the lives of the veterans we serve through workforce initiatives and its role as an outstanding community partner," said Nicole Starks-Murray, executive director of U.S.VETS Inland Empire. "Their generous contributions of time, volunteerism and commitment to creating pathways toward sustainable living truly make a difference. Celebrating the 250th anniversary of the United States alongside SoCalGas makes this event especially meaningful." 

Today's celebration reflects an ongoing collaboration between SoCalGas and U.S.VETS to support veterans across Southern California. Through this initiative, SoCalGas's charitable grants help to fund critical services—including housing and workforce development programs—while also creating opportunities for employee volunteerism and community engagement.

The U.S.VETS Inland Empire site serves hundreds of veterans annually, providing supportive housing and resources that help veterans transition to stable, independent lives. Events like today's celebration not only recognize their service but also reinforce a sense of belonging and community.

About SoCalGas 
SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility holding company. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. 

About U.S.VETS
U.S.VETS is the largest nonprofit with boots on the ground combating America's veteran homelessness crisis head-on. Our holistic approach delivers intervention and prevention services—including housing, mental health, career and supportive services—helping more than 20,000 veterans and their families each year. With residential and service sites nationwide, U.S.VETS is on a mission to prevent and end veteran homelessness so no veteran sleeps on the streets they once defended.

Message Funded by Shareholders.

SOURCE Southern California Gas Company

Company Ranks in the Top 10% Among S&P 500 Companies for Leadership in Talent Readiness

, /PRNewswire/ -- Sempra (NYSE: SRE) has been named to The Wall Street Journal's inaugural list of "Best Companies for the Future." The new ranking was published June 7, 2026 following an evaluation of S&P 500 companies based on their anticipated ability to be successful in a rapidly evolving business environment by measuring future readiness. Sempra outperformed industry peers across a series of key indicators measuring leadership, organizational adaptability and workforce readiness.

"As the pace of change accelerates across American business, we understand that Sempra's ability to grow and better serve customers is directly proportional to our ability to attract, retain and develop the right talent," said Jeffrey W. Martin, chairman and CEO of Sempra. "That is why we will continue investing in our people, strengthening our capabilities and advancing our strategy to build America's leading utility growth business."

The "Best Companies for the Future" ranking evaluates the nation's largest corporations across six pillars of future-readiness: agility, artificial intelligence readiness, financial fitness, innovation, resilience and talent readiness. Scores were derived by Bendable Labs for the WSJ Leadership Institute from a composite of third-party data sources and external metrics designed to evaluate long-term organizational strength and adaptability.

A Recognized Leader in the Utility Sector for Talent and Agility 
Sempra's standout performance came in the talent readiness category, where the company ranked in the top 10% of the S&P 500 and as one of the leading utilities in America for workforce readiness. This high mark reflects Sempra's continued efforts to attract, develop and retain the talent needed to support its future business needs. 

In addition, Sempra ranked among the top utilities in the country for agility, scoring in the top 38% for innovation and commitment to new technologies, which reflects a company-wide effort to modernize and extend one of America's largest energy networks.

Moreover, this recognition adds to a series of honors received earlier this year that highlight Sempra's strong operational performance and high-performance culture, including:

Fortune's World's Most Admired Companies The Wall Street Journal's Management Top 250 U.S. News & World Report's Best Companies to Work For Forbes' America's Best Employers for Company Culture About Sempra
Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

SOURCE Sempra

AUSTIN, Texas--(BUSINESS WIRE)--Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today announced the acquisition of Chapman 71, a 13-acre industrial outdoor storage (IOS) property in Austin, Texas. The acquisition expands the IOS joint venture between SRE and global investment group La Caisse (formerly CDPQ), to invest in strategically located assets across major high-growth U.S. logistics and industrial infill markets.

“Austin continues to benefit from strong population growth, corporate relocations and expanding manufacturing activity, creating sustained demand for industrial outdoor storage facilities,” said Brett Birkeland, Managing Director, Acquisitions at Sagard Real Estate. “Chapman 71 is a strategically located, fully leased infill asset with strong connectivity to key transportation infrastructure and major employment centers, making it a valuable addition to our growing IOS portfolio with La Caisse.”

Located five miles from Austin-Bergstrom International Airport at the intersection of Highway 71 and Burleson Road, Chapman 71 consists of five buildings totaling approximately 126,027 square feet across 13 acres. The fully leased property serves a diverse tenant base across the construction, transportation, automotive and industrial services sectors.

The acquisition further strengthens the Sagard Real Estate–La Caisse IOS joint venture announced earlier this year, which continues to build a portfolio of high-quality assets supported by strong tenant demand, critical transportation infrastructure and favorable long-term industrial fundamentals.

About Sagard Real Estate
Sagard Real Estate is a real estate investment advisor and operator providing investment management services throughout the U.S., including portfolio management, acquisitions, asset management, development, and property management for investors. With US$6.0 billion in assets under management, Sagard Real Estate offers commercial real estate investment strategies through separate accounts and commingled funds. Founded in 1997, the firm is headquartered in Denver and maintains regional investment offices in New York City, Charlotte, Austin, Los Angeles, and San Francisco metro areas. Sagard Real Estate is a part of Sagard, a multi-strategy alternative asset management firm. For more information, visit www.sagard.com/realestate or follow us on LinkedIn.

About Sagard
Sagard is a global multi-strategy alternative asset management firm with more than US$46 billion under management, 190 portfolio companies, and 540+ professionals. We invest in venture capital, private equity, private credit, and real estate. We deliver flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value creation experts. Our dynamic and supportive ecosystem gives our partners the advantage they need to learn, grow and win at every stage. The firm has offices in Canada, the United States, Europe, and the Middle East. For more information, visit www.sagard.com or follow us on LinkedIn.

Key Takeaways Sempra reported Q1 adjusted EPS of $1.51, up 4.9% year over year.SRE's infrastructure segment earnings climbed to $262 million from $146 million a year ago.Sempra reaffirmed 2026 EPS guidance and projected 7-9% long-term EPS growth. Sempra (SRE - Free Report) reported first-quarter 2026 adjusted earnings per share (EPS) of $1.51, in line with the Zacks Consensus Estimate. The bottom line increased 4.9% from the year-ago quarter’s figure of $1.44.

Including one-time items, the company generated GAAP earnings of $1.58 per share compared with $1.39 in the first quarter of 2025.

SRE’s Total RevenuesRevenues of $3.66 billion missed the Zacks Consensus Estimate of $4.15 billion by 11.8%. The top line decreased 3.9% from $3.8 billion in the year-ago quarter.

SRE’s Segmental UpdateSempra California: Quarterly earnings amounted to $720 million compared with the year-ago quarter’s level of $724 million.

Sempra Texas Utilities: Earnings in this segment increased to $171 million from $146 million in the year-ago quarter.

Sempra Infrastructure: The segment recorded earnings of $262 million compared with $146 million in the year-ago quarter.

Parent and Other: The segment reported a loss of $116 million, wider than the prior-year period’s loss of $110 million.

SRE’s Financial UpdateAs of March 31, 2026, Sempra Energy’s cash and cash equivalents totaled $0.79 billion compared with $0.03 billion as of Dec. 31, 2025.

As of the same date, long-term debt and finance leases amounted to $30.85 billion compared with $28.98 billion as of Dec. 31, 2025.

Cash flow from operating activities in the first three months of 2026 totaled $1.81 billion compared with $1.48 billion a year ago.

SRE’s GuidanceThe company expects its 2026 adjusted earnings to be in the range of $4.80-$5.30 per share. The Zacks Consensus Estimate for 2026 earnings is pegged at $5.16 per share, higher than the midpoint of the company’s guided range.

SRE has also provided a full-year 2027 EPS guidance of $5.10-$5.70. Sempra expects a 7-9% long???term EPS growth rate.

SRE’s Zacks RankSempra Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Recent Releases TotalEnergies SE (TTE - Free Report) reported first-quarter 2026 operating earnings of $2.45 (€2.10) per share, which surpassed the Zacks Consensus Estimate of $1.99 by 23.1%. The bottom line improved 34% from the year-ago figure of $1.83 (€1.74).

TTE’s total revenues for the first quarter were $49.51 billion, which increased from the year-ago reported figure of $47.9 billion by 3.36%. The metric beat the Zacks Consensus Estimate of $46.85 billion by 5.9%.

Occidental Petroleum Corporation (OXY - Free Report) reported first-quarter 2026 operating earnings of $1.06 per share, which beat the Zacks Consensus Estimate of 65 cents by 63.08%. The bottom line also increased 21.8% from 87 cents in the year-ago quarter.

OXY’s total revenues were $5.11 billion, which missed the Zacks Consensus Estimate of $5.5 billion by 7%. The top line declined 25.3% year over year.

Devon Energy Corp. (DVN - Free Report) reported first-quarter 2026 EPS of $1.04, surpassing the Zacks Consensus Estimate of $1 by 4%. The metric was down 14% year over year.

DVN’s total revenues for the quarter were $3.80 billion, which lagged the Zacks Consensus Estimate of $4.16 billion by 8.5%. The top line decreased 14.5% from the year-ago quarter’s figure.

A $31.00 per share cash payment represents a premium of more than 20% over the recent market prices, estimated fair value, and par value of the shares 

, /PRNewswire/ -- Southern California Gas Company (SoCalGas) (OTCQB: SOCGP) (OTC PINK: SOCGM), a subsidiary of Sempra (NYSE: SRE), today announced it will hold a Special Meeting of Shareholders (the "Special Meeting") on July 13, 2026. The anticipated record date for the Special Meeting is May 18, 2026, and only shareholders at the close of business on that date will be eligible to vote.

At the Special Meeting, SoCalGas will seek approval from holders of its 6% Preferred Stock, par value $25.00, and 6% Preferred Stock, Series A, par value $25.00, to retire all outstanding shares of preferred stock in exchange for a cash payment of $31.00 per share, plus accrued and unpaid dividends to but excluding the retirement date. The cash payment represents a premium of more than 20% over the recent market prices, estimated fair value, and par value of the shares.

As part of our ongoing efforts to modernize our business and serve our stakeholders, SoCalGas is pursuing the proposed transaction to simplify its capital structure while delivering immediate value to shareholders. SoCalGas has filed a preliminary proxy statement for the Special Meeting with the U.S. Securities and Exchange Commission ("SEC") and, subject to the timing of SEC review, expects to file its definitive proxy statement on or about May 19, 2026, at which time shareholders as of the record date for the Special Meeting will be able to submit their votes.

SoCalGas urges all preferred shareholders to vote "FOR" this proposal in advance of the meeting. Copies of the proxy materials are available on SoCalGas' website at socalgas.com/about-us/special-shareholder-meeting. 

Shareholders with questions about how to vote should contact the Proxy Information Administrator for the Special Meeting:

D.F. King & Co, Inc.
28 Liberty Street, 53rd Floor
New York, New York 10005
Shareholders may call toll free: (800) 769-7666
Banks and brokers may call collect: (212) 914-0093
[email protected]

About SoCalGas
SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility holding company. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. 

Message Funded by Shareholders.

Additional Information about the Special Meeting and Where to Find It

In connection with the Special Meeting, on May 4, 2026, SoCalGas filed a preliminary proxy statement with the SEC. On or around May 19, 2026, SoCalGas expects to file its definitive proxy statement and mail proxy cards for the Special Meeting to the shareholders of SoCalGas entitled to vote at the Special Meeting. This communication is not intended to be, and is not, a substitute for the proxy statement or any other document that SoCalGas may file with the SEC in connection with the Special Meeting. SOCALGAS URGES INVESTORS TO READ THE PROXY STATEMENT AND OTHER MATERIALS FILED WITH THE SEC (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) CAREFULLY AND IN THEIR ENTIRETY AS THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE SPECIAL MEETING AND THE PROPOSALS TO BE VOTED ON AT THE SPECIAL MEETING. Investors are able to obtain free copies of the proxy statement and other documents that will be filed by SoCalGas with the SEC (when available) at http://www.sec.gov, the SEC's website, or from SoCalGas' website at https://www.socalgas.com/about-us/special-shareholder-meeting. In addition, investors can obtain the Notice of Special Meeting of Shareholders, proxy statement and proxy card free of charge (when available) at www.proxyvote.com.

This communication does not constitute a solicitation of proxy, an offer to purchase or a solicitation of an offer to sell any securities. SoCalGas, its directors and certain of its officers and employees may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Special Meeting. Information about SoCalGas' directors and executive officers is set forth in its definitive information statement for its 2026 annual shareholders meeting filed with the SEC on April 14, 2026. These documents may be obtained free of charge at the SEC's website at www.sec.gov or from the Sempra website at www.sempra.com under the "Investors" and "SEC Filings" tabs. Additional information regarding the interests of participants in the solicitation of proxies in connection with the Special Meetings will be included in the definitive proxy statement that SoCalGas will file the SEC in connection with the Special Meeting and other relevant materials SoCalGas may file with the SEC.

Information Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: the ability to obtain all necessary approvals to effect the amendment of our restated articles of incorporation and the retirement of the preferred stock; the ability to achieve the anticipated benefits of the transactions described herein; the effects on such transactions of industry, market, economic, political or regulatory conditions outside of SoCalGas' control; fees, costs and expenses associated with the transactions described herein; transaction-related tax and accounting impacts; the diversion of management time on transaction-related issues; and the effects on such transactions of factors affecting SoCalGas' business and securities, including the risks and uncertainties discussed in the reports we file with the SEC, including under the headings "Risk Factors" and "Information Regarding Forward-Looking Statements" in our annual report on Form 10-K for the year ended December 31, 2025 and subsequently filed quarterly reports on Form 10-Q. Investors should not rely unduly on any forward-looking statements.

SOURCE Southern California Gas Company

SAN DIEGO, May 13, 2026 /PRNewswire/ -- Sempra (NYSE: SRE) today announced that its board of directors has declared a $0.6575 per share quarterly dividend on the company's common stock, which is payable July 15, 2026, to common stock shareholders of record at the close of business on June 25, 2026.

About Sempra
Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

SOURCE Sempra

A view shows Oncor substation during a heat advisory due to scorching weather in Dallas, Texas, U.S. July 12, 2022. REUTERS/Shelby Tauber Purchase Licensing Rights, opens new tab

SummaryCompaniesVoss Capital says independent Oncor would benefit from high growth, clearer investor storyHedge fund estimates Oncor could reach $78 billion valuation by 2028 if spun offTexas power demand surging, boosting Oncor's growth prospectsNEW YORK, May 28 (Reuters) - Activist investor Voss Capital ​has urged Sempra (SRE.N), opens new tab to spin off its Oncor electricity unit, creating a high-growth Texas-focused utility unencumbered by the $60 ‌billion energy giant's predominant California business, according to sources familiar with the matter and a letter seen by Reuters on Thursday.

The Houston-based hedge fund, which owns roughly 2 million shares, or less than 1%, of Sempra, argues that a newly independent Oncor Electric Delivery Company would be the highest-growth public transmission ​utility in the U.S., and could be worth as much as $78 billion by the end of 2028. Since Sempra controls ​around 80% of Oncor, its stake in the spinoff would be worth more than Sempra's current market ⁠value as a combined company, Voss said in the letter to its investors.

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It would make it easier for investors to understand Sempra, ​which Voss said is now unnecessarily complicated because it has three distinct businesses: its Southern California utility operations, Texas-based Oncor, and Sempra ​Infrastructure, which develops liquefied natural gas export facilities.

Voss' faith in separating Oncor is supported by the fact that much of its capital spending for the coming years is on projects that have already been approved by regulators, and that serve broad economic growth. The Texas utility also would not have any ​exposure to the wildfires that have devastated parts of California over the last decade and depressed the valuations of utilities operating in ​the state.

Investors have broadly wanted companies to separate these types of risks, industry analysts said, so others may back Voss Capital's position.

Oncor did not have ‌any immediate ⁠comment. Sempra did not respond to a request for comment. Voss declined further comment beyond the letter.

Voss Capital is an activist hedge fund with roughly $2 billion in capital that has become more vocal recently, industry analysts said. The fund has largely focused on the consumer products, industrial and technology, media and telecom sectors.

The hedge fund exerted forceful pressure on manufacturing conglomerate Griffon Corp that led to a significant restructuring ​and portfolio overhaul. The stock price ​nearly quadrupled since the campaign ⁠began in 2021. Last month it reached a settlement with food service technology company PAR Technology for a one-year non-voting board observership.

Power and energy stocks have been attracting broader investor interest as artificial ​intelligence and industrial electrification drive energy demand.

Texas has one of the fastest-growing economies among U.S. states ​and is projecting ⁠significantly higher power needs in the coming years. The Electric Reliability Council of Texas, which manages much of Texas' electric grid, forecast last month that peak electricity demand would climb from about 98,087 megawatts in 2026 to about 111,318 megawatts by 2032.

Oncor distributes power to more than 4 million ⁠Texas homes ​and businesses across more than 144,000 miles of transmission lines, according to its website. ​Sempra bought its Oncor stake in 2018 for $9.45 billion.

Sempra closed Thursday at $90.03 per share, up 2% since the beginning of the year. Over the same time period, ​the S&P utilities index (.SPLRCU), opens new tab has risen 4.1%.

Reporting by Svea Herbst-Bayliss and David French in New York. Editing by Dawn Kopecki and David Gregorio

Our Standards: The Thomson Reuters Trust Principles., opens new tab

, /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced that the ECA LNG Phase 1 liquefaction project in Ensenada, Mexico, has successfully started producing liquefied natural gas (LNG) as part of the commissioning process toward commercial operations.

ECA LNG "This achievement reflects the dedication of the entire ECA LNG Phase 1 team and their unwavering commitment to the highest standards of successful project development," said Justin Bird, CEO of Sempra Infrastructure. "The production of first LNG marks a significant milestone on the path to full operations expected in the coming months, enabling the delivery of reliable and secure energy from North America's Pacific Coast to global markets."

With its strategic location on Mexico's Pacific Coast, the ECA LNG facility will enable the supply of U.S. natural gas to Asia and other Pacific Basin markets through the shortest shipping route, reducing transit times and transportation costs and providing customers with greater access to competitively priced U.S. natural gas.

ECA LNG Phase 1 is a cornerstone of Sempra Infrastructure's dual-coast LNG portfolio. With projects along the U.S. Gulf Coast and Mexico's Pacific Coast, Sempra Infrastructure offers customers the flexibility and reliability needed to meet growing demand. The project is a joint venture with TotalEnergies and consists of a single liquefaction train with a nameplate capacity of 3.25 million tonnes per annum (Mtpa) of LNG. The project is supported by long-term sales and purchase agreements with TotalEnergies and Mitsui & Co.

ECA LNG Phase 1 is expected to reach substantial completion in the summer of 2026 with sales under long-term sale and purchase agreements commencing shortly thereafter, when the facility begins commercial operations. A second phase is also under development at the same site.

About Sempra Infrastructure

Sempra Infrastructure, headquartered in Houston, is focused on delivering energy for a better world by developing, building, operating and investing in modern energy infrastructure, such as LNG, energy networks and low-carbon solutions that are expected to play a crucial role in the energy systems of the future. Through the combined strength of its assets in North America, Sempra Infrastructure is connecting customers to safe and reliable energy and advancing energy security. Sempra Infrastructure is a subsidiary of Sempra (NYSE: SRE), a leading utility growth company. For more information, visit SempraInfrastructure.com or connect with Sempra Infrastructure on social media @SempraInfra.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, audits, investigations, inquiries, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures and other significant transactions such as the planned sale of a portion of Sempra's equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact on our ability to pass through higher costs to customers due to volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure and Sempra Infrastructure Partners are not the same company as San Diego Gas & Electric Company or Southern California Gas Company, and none of Sempra Infrastructure, Sempra Infrastructure Partners nor any of its subsidiaries is regulated by the California Public Utilities Commission.

SOURCE Sempra Infrastructure

SDG&E Prepares for Summer Heat with Strong Grid and Customer Support Measures PR Newswire SAN DIEGO, June 5, 202

Initial deployment in Southern California will demonstrate how real-time, on-site intelligence can strengthen climate resilience and emergency response

Images available here

, /PRNewswire/ -- San Diego Gas & Electric (SDG&E), a subsidiary of Sempra (NYSE:SRE), Qualcomm Technologies, Inc. and the University of California San Diego's Scripps Institution of Oceanography today announced Edge Alert Sentinel (EAS), a new collaboration that will bring artificial intelligence (AI) directly to the front lines of wildfire and extreme-weather response. Designed to detect and analyze rapidly changing conditions in real time, the initiative represents a new approach to environmental intelligence — processing critical data at the point of risk to help utilities and emergency responders act faster when it matters most.

While the initial deployment is in San Diego, the collaboration is intended to demonstrate how edge-based AI can support grid reliability, emergency preparedness and climate resilience.

Southern California faces some of the most complex wildfire and extreme-weather conditions in the nation, with Santa Ana winds, drought and highly varied terrain creating rapidly changing and often unpredictable risk. In these environments, conditions can shift in minutes, and delays are not an option. EAS will integrate environmental sensors, edge AI computing and atmospheric science to generate near-instant insights where conditions are unfolding — not minutes later in distant data centers. The first system is being installed on Mt. Palomar, where it will begin analyzing wind, weather and environmental data to provide earlier visibility into conditions that influence wildfire behavior and extreme-weather impacts.

"For nearly two decades, our region has avoided a catastrophic electrically caused wildfire because we chose to lead early and never stop looking ahead," said Scott Crider, President of SDG&E. "Edge Alert Sentinel reflects that same mindset. By working with Qualcomm Technologies and UC San Diego, we're bringing world-class technology and science together, so intelligence lives where the risk lives — on the front lines — and communities are safer because of it."

EAS reflects a shared effort to anticipate tomorrow's climate risks today — aligning utility operations, breakthrough technology and climate science into a coordinated approach designed to support faster, more informed decisions when seconds matter.

In parallel, Qualcomm Technologies and SDG&E are working to apply AI directly integrated on field devices and real-time connectivity to support automated inspections of critical utility infrastructure through autonomous aerial operations, extending the same intelligence-at-the-edge approach to physical grid assets.

Intelligence-at-the-Edge — Where Conditions Unfold
Traditional monitoring systems often rely heavily on remote cloud processing, which can introduce delays — particularly during severe weather or emergencies. EAS will process data at the point of collection, enabling rapid analysis even when connectivity is strained.

"Through this collaboration, we're intending to bring real-time intelligence directly to the front lines of wildfire response," said Nakul Duggal, EVP and Group GM, Automotive, Industrial and Embedded IoT, and Robotics, Qualcomm Technologies, Inc. "By combining on-site AI with advanced sensing and connectivity, we're helping deliver faster, more reliable insights where conditions are changing — so responders can assess risk and act with greater speed and confidence."

This on-site processing enables near-instant analysis, reducing delays that can cost critical time during wildfire response and helping utility responders move more quickly from observation to action during fast-changing conditions.

At the core of the deployment is a ruggedized edge AI gateway platform powered by the Qualcomm Dragonwing™ IQ9 processor, a high-performance, multi-core application processor that features a neural-processing unit capable of delivering up to 100 trillion operations per second. Using an MLOps platform from Edge Impulse, a Qualcomm company, on-device models help forecast conditions that could impact grid infrastructure in residential areas, to support more proactive decision-making for utility operators. Monitoring data and predictive alerts can be transmitted directly to SDG&E's control center via its private cellular network.

These localized analytics and telemetry data will help identify emerging risks earlier, strengthening operational decision-making, safety and overall grid resilience.

Industry and Academia Unite to Deliver Actionable Intelligence
EAS unites complementary strengths across industry and academia:

Qualcomm Technologies will provide advanced on-device AI processing capabilities and low-latency, edge-computing architecture to support SDG&E's environmental intelligence, autonomous inspection and grid-resilience efforts at the edge. SDG&E will contribute operational expertise, grid infrastructure and weather-data networks. Scripps Institution of Oceanography will provide long-standing observational data and scientific expertise to enhance modeling and real-time analysis. Together, the collaborators are building a continuous loop of live data, on-site AI analysis and actionable insights designed to translate rapidly changing conditions into timely action that enhance safety, reliability and grid resilience.

Why This Matters for the Region
By delivering intelligence directly at the point of risk, EAS is designed to reduce latency, improve preparedness and strengthen coordination across utilities and emergency responders — helping protect lives, communities and critical ecosystems in regions facing increasingly complex weather risks.

While developed in Southern California, the approach is designed to scale to other regions facing increasingly frequent and severe climate-driven events — from wildfires to extreme storms — where real-time, location-specific intelligence can improve how decisions are made under pressure.

"Scripps has been making real-time observations of atmospheric conditions throughout San Diego County since the turn of the millennium, building a uniquely rich dataset that advances our understanding of wildfire and extreme weather risk in Southern California," said Frank Vernon, director of the University of California Scripps Institute of Oceanography High Performance Wireless Research and Education Network. "With this new onsite AI capability, we're moving beyond observation to predicting impact in real time — at the exact moment and place where danger emerges. That's what becomes possible when industry brings operational scale, real-world deployment experience, and urgent community needs together with academia's scientific rigor and long-term observational record."

What's next
During the upcoming Public Safety Power Shutoff season, the companies will evaluate the performance of the initial Palomar Mountain deployment, a high-elevation site critical for wildfire and extreme-weather monitoring in the region, with plans to expand the technology to additional sites beginning next year. Insights from the pilot phase will inform expansion, enhanced modeling capabilities and broader regional applications, with a wider rollout targeted for 2027. The collaboration will also explore joint training and coordination opportunities to support emergency preparedness across Southern California and other regions facing similar risks.

About SDG&E
San Diego Gas & Electric® (SDG&E) is an innovative energy-delivery company that provides clean, safe and reliable energy to better the lives of the people it serves in San Diego and southern Orange counties. The company is committed to creating a sustainable future by increasing energy delivered from low- or zero-carbon sources; accelerating the adoption of electric vehicles and investing in innovative technologies to ensure the reliable operation of the region's infrastructure for generations to come. SDG&E is a recognized leader in its industry and community, as demonstrated by being named Corporate Partner of the Year at the San Diego Business Journal's Nonprofit & Corporate Citizenship Awards and receiving PA Consulting's ReliabilityOne® Award for Outstanding Reliability Performance for 20 consecutive years. SDG&E is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SDGEtoday.com or connect with SDG&E on social media @SDGE. Message funded by SDG&E shareholders.

About Qualcomm
Qualcomm relentlessly innovates to deliver intelligent computing everywhere, helping the world tackle some of its most important challenges. Building on our 40 years of technology leadership in creating era-defining breakthroughs, we deliver a broad portfolio of solutions built with our leading-edge AI, high-performance, low-power computing, and unrivaled connectivity. Our Snapdragon® platforms power extraordinary consumer experiences, and our Qualcomm Dragonwing™ products empower businesses and industries to scale to new heights. Together with our ecosystem partners, we enable next-generation digital transformation to enrich lives, improve businesses, and advance societies. At Qualcomm, we are engineering human progress.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated.

About UC San Diego's Scripps Institution of Oceanography
Scripps Institution of Oceanography is one of the world's premier centers for climate, atmospheric and Earth science research, providing foundational knowledge for regional resilience. Visit scripps.ucsd.edu.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to, as applicable, (i) negotiating pricing and other terms in definitive contracts, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, (iv) obtaining regulatory and other approvals and (v) third parties honoring their contracts and commitments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, and tariff rates and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.

These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, nor are they regulated by the CPUC.

SOURCE San Diego Gas & Electric (SDG&E)

, /PRNewswire/ -- Sempra (NYSE: SRE) today announced new developments in Texas relating to last week's endorsement by the Electric Reliability Council of Texas (ERCOT) of several new transmission projects serving the southern Dallas–Fort Worth area and the I-35 corridor. Together with a series of other high voltage upgrades in the southern Dallas–Fort Worth area endorsed by ERCOT in April, these projects are expected to require new investment of over $7 billion. When placed in service, which is anticipated between 2026 and 2034, these projects will support approximately 16 gigawatts of new electric demand. Oncor Electric Delivery Company (Oncor), of which Sempra owns an 80.25% stake,1 is the state's largest transmission and distribution electric utility and expects to construct the vast majority of these projects.

"At a time when the state of Texas is experiencing unprecedented growth in electricity demand, Oncor has taken an important leadership role in advancing critical new infrastructure for the benefit of its customers," said Jeffrey W. Martin, chairman and CEO of Sempra. "The timing is also important. As the interconnection rules for new large load customers continue to develop, Oncor is proactively building out and strengthening its supply chain and construction capabilities to accelerate the ongoing expansion of its electric grid."

Oncor is currently executing a company-record $47.5 billion base capital plan for 2026 through 2030. The estimated capital expenditures through 2030 for these new investments are captured within the previously identified $10 billion incremental capital opportunity to Oncor's base capital plan, with a portion representing additional projected investment extending beyond the current five-year plan period. Projects remain subject to additional regulatory approvals.

ERCOT is the region's independent system operator responsible for managing the flow of electric power to more than 27 million Texas customers, or about 90 percent of the state's electric load, and coordinating grid interconnectivity. To address accelerating demand, the ERCOT board of directors has approved a system-wide approach to sequence large-load interconnection requests, which is known as the Batch Zero process. The PUCT is expected to consider final approval of the Batch Zero process later this month. Thereafter, ERCOT is expected to announce full details on the amount of additional transmission upgrades that will be required to support a significant increase in projected electricity demand from large load customers in the second quarter of 2027.

These recent developments at ERCOT provide further momentum and visibility to the strong projected growth beyond Oncor's base capital plan, as well as the company's dedication to supporting its customers' efforts in powering the Texas economy.

About Sempra

Sempra's mission is to build America's leading utility growth business. As owner of one of the largest energy networks on the continent, Sempra is electrifying and improving energy resilience in California and Texas, the two largest economies in the U.S. The company is recognized as a leader in responsible business practices and for its high-performance culture focused on safety and operational excellence, as demonstrated by Sempra's inclusion in The Wall Street Journal's Management Top 250 and Fortune's World's Most Admired Companies. More information about Sempra is available at sempra.com and on social media @sempra.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. 

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations. 

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054 and the wildfire fund continuation account established by California Senate Bill 254, rates from customers or a combination thereof; decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) Comisión Nacional de Energía, California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service, Public Utility Commission of Texas and other regulatory bodies and (ii) U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects, acquisitions, divestitures, and other significant transactions such as the planned sale of a portion of our equity interest in Sempra Infrastructure Partners, including risks related to, as applicable, (i) being able to reach a positive final investment decision, (ii) negotiating pricing and other terms in definitive contracts, (iii) completing construction projects or other transactions on schedule and budget, (iv) realizing anticipated benefits from any of these efforts if completed, (v) obtaining regulatory and other approvals and (vi) third parties honoring their contracts and commitments, including with respect to closing or post-closing payments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax and the energy industry in the U.S. and Mexico; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, tariff rates, and foreign currency exchange rates and (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the transmission grid or pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; and other uncertainties, some of which are difficult to predict and beyond our control.  

These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. 

Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, nor are they regulated by the CPUC. 

1 Certain ring-fencing measures, governance mechanisms and commitments limit Sempra's ability to direct the management, policies and operations of Oncor, which has its own board of directors (a majority of which are independent directors) that oversees the management of its activities and sets its company policies.

SOURCE Sempra

, /PRNewswire/ -- Southern California Gas Co. (SoCalGas), a subsidiary of Sempra (NYSE: SRE), announced today that its energy efficiency programs helped customers save more than $106 million on their utility bills in 2025—reducing energy use by approximately 54 million net therms, enough to serve about 38,000 homes annually1.

SoCalGas operates more than 70 customer-facing energy efficiency programs that collectively delivered $1.41 in total customer value for every $1 invested in 2025. "These programs are giving customers more control of their energy use and helping lower their bills," Andy Carrasco, vice president, communications and regional stakeholder engagement at SoCalGas. "We're providing simple, practical tools, rebates, and services so families and small businesses across Southern California can save energy and better manage what they spend each month."

SoCalGas operates more than 70 customer-facing energy efficiency programs that help households and businesses better manage energy use and costs through rebates, direct installation services, property assessments, and financial options. Under the California Public Utilities Commission (CPUC) cost-effectiveness standard, these programs collectively delivered $1.41 in total customer value for every $1 invested in 2025.

These efforts also helped avoid approximately 286,000 metric tons of carbon dioxide equivalent (CO2e) emissions in 2025, or the equivalent of removing more than 66,000 gasoline-powered passenger vehicles from the road for a year1.

Energy efficiency programs are one important way SoCalGas helps customers manage their energy costs today. They also support long-term affordability by reducing overall energy demand and helping limit price volatility during extreme conditions.

As highlighted in The Affordable Way for California, this approach—combining energy efficiency with investments in system reliability and underground storage—helps support customer energy needs and underscores the value of a flexible, resilient energy system.

Between 2021 and 2025, SoCalGas' energy efficiency programs have helped customers save more than $475 million on their utility bills and reduce energy use by more than 242 million net therms—enough to serve about 172,000 homes annually. These efforts have also helped avoid approximately 1.28 million metric tons of CO2e emissions1.

Learn more about SoCalGas' energy efficiency programs and ways to save at https://www.socalgas.com/savings. Click to read the full Energy Efficiency Programs 2025 Annual Report.

About SoCalGas

SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas. 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to, as applicable, (i) negotiating pricing and other terms in definitive contracts, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, (iv) obtaining regulatory and other approvals and (v) third parties honoring their contracts and commitments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, and tariff rates and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.

These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, nor are they regulated by the CPUC.

Message funded by ratepayers.

1 Estimates of avoided CO2e emissions from reduced natural gas consumption associated with program participation are calculated in accordance with California Public Utilities Commission (CPUC) methodologies, and estimates of equivalent avoided greenhouse gas emissions from gasoline-powered passenger vehicles driven for one year and equivalent avoided carbon dioxide emissions from homes' energy use for one year are converted from [net] therms or CO2e, as applicable, using the U.S. Environmental Protection Agency's (EPA) Greenhouse Gas Equivalencies calculator. These figures represent estimates as of a point in time and future changes or updates to the EPA calculator may impact the results.

SOURCE Southern California Gas Co.