SRE 📈 Sempra Energy - Overview

Sempra is a leading energy infrastructure company with a diverse portfolio of businesses operating in the United States and internationally. The company's operations are segmented into three main divisions: Sempra California, Sempra Texas Utilities, and Sempra Infrastructure. Sempra California is responsible for providing electric and natural gas services to the San Diego County area, serving a population of approximately 3.6 million and 3.3 million, respectively, across 4,100 square miles. This segment owns and operates an extensive natural gas distribution, transmission, and storage system, supplying natural gas to its customers. On a larger scale, as of December 31, 2023, Sempra California's service area covers a population of 21 million, spanning 24,000 square miles.

The Sempra Texas Utilities segment focuses on regulated electricity transmission and distribution, operating an impressive network of 18,298 circuit miles of transmission lines, 1,257 transmission and distribution substations, and interconnections to 173 third-party generation facilities with a total capacity of 54,277 MW. Additionally, its distribution system comprises approximately 4.0 million points of delivery, with 125,116 miles of overhead and underground lines. This segment plays a critical role in ensuring reliable and efficient electricity transmission and distribution to its customers.

Sempra Infrastructure is the company's division dedicated to developing, building, operating, and investing in energy infrastructure, with a focus on enabling the energy transition in North American and global markets. This segment is poised to drive growth and innovation in the energy sector, capitalizing on emerging trends and opportunities. With a rich history dating back to its incorporation in 1996, Sempra, formerly known as Sempra Energy, has established itself as a major player in the energy industry, with its headquarters located in San Diego, California. For more information, please visit the company's website at https://www.sempra.com, and note its ISIN: US8168511090, classified as a common stock under the GICS Sub Industry: Multi-Utilities.