LNG

Sempra Energy, the California utility and LNG sector participant with plants in Louisiana and Mexico, has confirmed the sale of a second South American power company to Chinese interests with the offloading of the Chilean Chilquinta Energía business and its affiliates for almost $3 billion.

Sempra Energy, the California-based utility transforming the US Cameron LNG terminal and the Mexican Costa Azul facility into liquefaction and export plants, said it had decided to sell its equity interests in its South American business in Chile and Peru to focus more on North American markets.