Utility giant Sempra is in the process of reducing its ownership of Sempra Infrastructure (SI) from its current 70% controlling interest to an ownership level of just 25%. The private equity firm KKR will become the majority owner of SI when the partial divestment closes in the third quarter of 2026. Nevertheless, the current parent company gave an update on SI’s two LNG export projects. For the Port Arthur project, CEO Jeffrey Martin announced that “both Phase 1 and Phase 2 are on time and on budget.” This facility will be able to take 3.7 Bcf/d in feedgas when fully online.
Featured Articles
- Analyst Insight
Q1 2026 Earnings Calls: Sempra Remains Bullish on North American LNG
Sempra Infrastructure continues to make progress on its two LNG facilities. Parent company Sempra Energy remains optimistic on LNG despite the upcoming partial divestiture.
- Blog
Private Dancers – Mexico’s Planned Gas-Fired Plants, LNG Export Capacity Driving Pipeline Projects
Mexico’s still-rising demand for U.S.-sourced natural gas — and new pipelines to deliver it — has been driven by the buildout of new power plants and, more recently, by planned LNG exports. Today, we discuss more private-sector midstreamers and the new gas demand that may bring them new opportunities.
- Blog
Stronger – Midstream M&A Slows as Companies Focus on Buying and Selling Specific Assets
There’s been a lull in midstream M&A activity the past few months, but several companies in that space have been making significant adjustments to their portfolios, either by acquiring assets from others or selling ownership interests in their own businesses. There’s also been a lot of buzz about major deals that may be in the works. In today’s RBN blog, we’ll discuss a few of the more interesting midstream transactions and what’s spurring them, and also look at the general state of the midstream sector.
