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Introduction

About our business

Sempra’s mission is to be North America’s premier energy infrastructure company. The Sempra family of companies has 20,000 talented employees who deliver energy with purpose to nearly 40 million consumers. With more than $72 billion in total assets at the end of 2021, Sempra is the owner of one of the largest energy networks in North America helping some of the world’s leading economies transition to cleaner sources of energy.

We are helping to advance the global energy transition through electrification and decarbonization in the markets we serve, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for our long-standing commitment to building a high-performance culture focused on safety, workforce development and training and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the “World’s Most Admired Companies” for 2022 by Fortune Magazine.

We own or hold interests in regulated electric and gas utilities in California and Texas. These energy networks will continue to require investments in critical transmission and distribution (T+D) infrastructure and focus on delivering energy reliably and safely; Sempra California will also continue to support the build-out of cleaner energy systems and remain focused on delivering cleaner energy.

Our energy infrastructure businesses are primarily focused on supporting the clean energy transition by investing in renewables and energy networks in North America, together with natural gas infrastructure to support exports to foreign markets. We believe diverse sources of energy will continue to be important domestically and internationally. Our revenues for these businesses generally are tied to long-term contracts with counterparties we believe are creditworthy.

Sempra business model

Companies and assets

Every day, our companies work to develop new ideas, solve problems and reliably meet the needs of our employees, customers and the communities we serve. This approach is helping us meet the energy demands of tens of millions of consumers and work to continue to do so sustainably for generations to come.
  • Sempra California
    Sempra California is providing cleaner, safe and reliable energy to nearly 26 million consumers in Southern and Central California through its utilities, San Diego Gas and Electric Company (SDG&E) and Southern California Gas Company (SoCalGas). With a focus on grid resiliency, reducing emissions and integrating increasingly renewable energy onto our networks, we are also supporting California’s goal of getting five million electric vehicles on the road by 2030. California is known for technology and innovation, a spirit embraced at our utilities that are on the leading edge of research into hydrogen, battery storage, artificial intelligence (AI), predictive technology and other tools designed to support the state’s ambitious climate goals.
    • 145,000 miles of transmission and distribution lines
    • Decoupled from electricity and gas sales
    • 73,000 zero emission vehicles (ZEVs) in SDG&E’s service territory1
    • 304 MW of utility-owned energy storage in operation
  • Sempra Texas
    Sempra Texas2 includes Oncor,3 a regulated, pure-play electric transmission and distribution utility headquartered in Dallas that delivers safe and reliable electricity to a population of approximately 13 million Texans. With more than 140,000 miles of transmission and distribution lines, Oncor is one of the largest pure-play transmission and distribution companies in the U.S., connecting communities across the state to Texas’ diverse energy supplies.
    • 140,000 miles of transmission and distribution lines
    • Pure-play transmission and distribution infrastructure
    • 1,174 substations
  • Sempra Infrastructure
    Sempra Infrastructure is focused on delivering energy for a better world by developing, building, operating and investing in clean power, energy networksand LNG and net-zero 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 across the globe to cleaner energy technologies and modern infrastructure while advancing new technologies like carbon sequestration and clean hydrogen.
    • 5,000 mi T+D lines
    • Recurring cash flows from long-term contracts
    • 15 mtpa of LNG in operation or under construction4
    • 1,100+ MW of renewable power in operation4
  1. SDG&E proprietary IHS Markit data as of Q4-2021. Total Light Duty electric vehicles including electric and plug-in hybrid vehicles.
  2. Sempra Texas also includes Sempra’s indirect 50% interest in Sharyland Utilities, L.L.C.
  3. Sempra indirectly owns an 80.25% interest in Oncor.
  4. Represents capacity for 100% of projects, not Sempra’s ownership share. The ability to complete major development and construction projects is subject to a number of risks and uncertainties. Capacity for LNG represents offtake and for renewable power represents nameplate.

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