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Sempra Energy to sell Chilean businesses for $2.23 billion

Christian Fernsby |
Sempra Energy said it would sell is Chilean businesses to China’s State Grid International Development Limited for $2.23 billion in cash.

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Topics: SEMPRA ENERGY    CHILE   

The sale to SGID is expected to be completed in the first quarter of 2020, subject to customary closing conditions, including approval by the Chilean anti-trust authority, certain Chinese regulatory approvals and approval by the Bermuda Monetary Authority.

The deal includes Sempra’s 100% stake in Chilquinta Energía S.A., Tecnored S.A. and a 50% interest in Eletrans S.A.

September 1, 2019


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