KKR and CPP Investments to acquire a 45% stake in Sempra Infrastructure Partners from Sempra Energy for $10bn.

KKR, a global investment firm, and CPP Investments, a global investment management organization, agreed to acquire a 45% stake in Sempra Infrastructure Partners, a North American energy infrastructure company focused on LNG, energy networks, clean power and low-carbon solutions, from Sempra Energy, an energy network infrastructure company, for $10bn. "Over the past four years, we have developed a close relationship with the Sempra Infrastructure Partners team and a deep understanding of their business. We are excited to grow this strategic partnership and are pleased to welcome CPP Investments alongside us as we work to expand Sempra Infrastructure Partners' assets to help meet growing global demand for energy," Raj Agrawal, KKR Global Head of Real Assets.