Recent Updates — SRE
Sempra subsidiaries SDG&E and SoCalGas filed 2028 General Rate Case applications with the California Public Utilities Commission requesting revenue requirements of $3,760 million for SDG&E and $5,096 million for SoCalGas for the 2028 test year. The requests include adjustments for 2029 through 2031 attrition years. Sempra is an energy infrastructure and utility company.
Sempra closed a public offering and sale of $1 billion in aggregate principal amount of Floating Rate Notes due 2028 on June 9, 2026. The notes bear interest at a floating rate of Compounded SOFR plus 0.670% per annum, maturing on January 7, 2028, with net proceeds of approximately $998.5 million. Sempra is an energy infrastructure company that provides electricity and natural gas services.