Sempra Energy (SRE)

In California, Sempra is associated with major utility platforms including San Diego Gas & Electric and Southern California Gas, which together support electricity transmission and distribution, gas distribution, and energy services for homes, businesses, and public infrastructure. The company also owns a majority interest in Oncor, the largest electric transmission and distribution utility in Texas. Oncor gives Sempra exposure to one of the fastest-growing power markets in the US, where population growth, industrial activity, and data-center demand continue to increase the need for grid investment.

Beyond regulated utilities, Sempra participates in energy infrastructure through Sempra Infrastructure Partners. This business owns and develops liquefied natural gas, energy networks, and related infrastructure in North America and Mexico. Its LNG assets connect North American gas supply with global energy markets, while its Mexican infrastructure activities support cross-border energy trade and regional power needs.

Sempra’s distinctive profile is its combination of regulated utility scale, Texas and California market exposure, and infrastructure projects tied to energy security and transition. The company’s results are shaped by regulatory decisions, capital spending programs, commodity-linked infrastructure demand, and the need to modernize essential energy systems.