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Sempra Energy (SRE) Announces Completion of PEMEX's JV Stake

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Sempra Energy Unit IEnova Completes Acquisition Of PEMEX Stake In Joint Venture

September 27, 2016 7:24 PM EDT

SAN DIEGO, Sept. 27, 2016 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), has completed its acquisition of PEMEX Transformación Industrial's 50-percent equity interest in the Gasoductos de Chihuahua joint venture for approximately $1.14 billion.

Mexico's antitrust commission, the Comisión Federal de Competencia Económica, authorized the transaction Sept. 15.  IEnova's shares in the joint venture now... More