Sempra Energy said it will continue its five-year $32 billion business plan, which focuses primarily on investments at the company’s U.S. utilities — San Diego Gas & Electric Co., Southern California Gas Co. and Oncor Electric Delivery Co.
“At Sempra Energy, our five-year capital plan — the most robust in our company’s history — gives us great visibility into sustainable earnings growth that should help create long-term value for our stakeholders,” said Jeffrey Martin, chairman and CEO of Sempra Energy. “Our strategy also focuses our investments within the most attractive markets in North America, with a sharp focus on the portion of the energy value chain where we believe we can create the most attractive risk-adjusted returns.”
Sempra’s senior management team reaffirmed its commitment to the health and safety of its employees, as well as the community it serves, in an investor day conference call.
Sempra added that it is on track to clo