Sept 28 (LNGJ) - Sempra Energy, owner of the Cameron LNG export plant in Louisiana and the Costa Azul project in Mexico, has received all third-party approvals and satisfied all material closing conditions of the agreement to sell a 20 percent non-controlling interest in Sempra Infrastructure to US investment fund Kohlberg Kravis Roberts, now known as just KKR, for $3.37 billion in cash.
The last move was the de-listing from the Mexican stock exchange of subsidiary, Infraestructura Energética Nova (IEnova), the owner of the Costa Azul venture and pipeline and energy assets in Mexico. The new Sempra North American LNG and gas platform called Sempra Infrastructure Partners will group the San Diego, California-based company’s subsidiaries currently held by Sempra LNG and the IEnova unit.
