Mexican LNG developer and pipeline owner IEnova raises $800M in notes to be listed in Singapore
Infraestructura Energética Nova (IEnova), the Sempra Energy subsidiary in Mexico with plans for LNG production and whose assets include stakes in four major Mexican natural gas pipelines, has successfully completed an international offering to raise US$800 million, underpinning confidence in the North American gas sector.
Mexican subsidiary of Sempra benefits from Texas-Tuxpan gas pipeline and US loan will help LNG project
Infraestructura Energetica Nova (IEnova), the Mexican subsidiary of Sempra Energy of the US, maintained earnings level because of the South Texas-Tuxpan natural gas pipeline as its Costa Azul LNG project was pushed back.
Mexican LNG plant developer IEnova boosts earnings from Texas-Tuxpan natural gas pipeline
IEnova, the Sempra Energy Mexico-based subsidiary developing the Costa Azul LNG export plant on the Pacific Coast, boosted its first-quarter earnings with revenues from the South Texas-Tuxpan natural gas pipeline.
Sempra unit IEnova boosted by Texas-Mexico pipeline and Costa Azul LNG export prospects
IEnova, the Mexican subsidiary of California-based utility Sempra Energy and developer of the Costa Azul LNG export terminal on the Pacific Coast of Mexico, said third-quarter earnings declined, though it expected future profits from the commercial start-up of the new natural gas pipeline from Texas to Mexico.
