Sempra sells Mexican gas distributor Ecogas for ~$500M

Sempra (NYSE: SRE) has completed the sale of Ecogas México, S. de R.L. de C.V., a natural gas distribution network in Mexico, through its Sempra Infrastructure unit, according to a company statement.

The transaction generated approximately $500 million in U.S. dollar-equivalent proceeds. Ecogas serves more than 600,000 residential, commercial, and industrial customers across the Mexicali, Chihuahua, and La Laguna-Durango regions of Mexico.

Sempra said the proceeds will support its 2026-2030 capital plan of approximately $65 billion, with more than 95% of planned investments directed toward regulated utility infrastructure in Texas and California.

"The successful completion of this transaction reflects the disciplined execution of our strategy and continued focus on recycling capital to the opportunities we believe will create the greatest long-term value," said Jeffrey W. Martin, chairman and CEO of Sempra.

The Ecogas sale follows a previously announced agreement to sell a 45% equity interest in Sempra Infrastructure Partners to affiliates of KKR, a transaction expected to close in the third quarter of 2026.

Sempra said the combined transactions are intended to reduce the company's reliance on future common-equity issuances to fund growth while supporting its credit quality.

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