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Announced

Completed

Sempra Energy completed the acquisition of the remaining shares in IEnova at a $6.13bn valuation.

Synopsis

Sempra Energy, a North American energy infrastructure company based in San Diego, completed the acquisition of the remaining shares in IEnova, one of the largest private energy companies in Mexico, at a $6.13bn valuation. "We could not be more excited about our successful exchange offer and the prospect of listing our company's shares on the BMV. Many of Mexico's most successful companies are listed there. This is an important step forward in advancing our Sempra Infrastructure platform, which we expect will create scale, unlock portfolio synergies, highlight value and better position the business for growth," Jeffrey W. Martin, Sempra Energy Chairman and CEO.

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