S&C Advises Sempra in Financings to Support Development of North American Clean Energy InfrastructureJanuary 31, 2022
Sempra Energy, through its subsidiary Sempra Infrastructure Partners, is a leading natural gas and clean energy infrastructure company operating throughout North America. Sempra Infrastructure Partners is intended to simplify Sempra's ownership of infrastructure assets under a common growth platform, facilitate efficient capital raising to fund growth across the infrastructure platform and highlight the value of its North American infrastructure assets.
S&C has represented Sempra and Sempra Infrastructure Partners in the following recent financing efforts, building capital and credit in order to bolster the company's growth.
- Sempra Infrastructure Partners entered into a $1 billion revolving credit agreement.
- Sempra agreed to sell a minority share of Sempra Infrastructure Partners to an affiliate of the Abu Dhabi Investment Authority for $1.785 billion.
- Sempra Infrastructure Partners completed its $400 million inaugural offering.
The S&C team that represented Sempra and Sempra Infrastructure Partners in these matters includes Inosi Nyatta, John Estes and Courtland Morrice.