M&A Deal Summary

Sempra Acquires EnergySouth

On October 1, 2008, Sempra acquired utilities company EnergySouth for 510M USD

Acquisition Highlights
  • This is Sempra’s 1st transaction in the Utilities sector.
  • This is Sempra’s largest (disclosed) transaction.
  • This is Sempra’s 1st transaction in the United States.
  • This is Sempra’s 1st transaction in Alabama.

M&A Deal Summary
Date 2008-10-01
Target EnergySouth
Sector Utilities
Buyer(s) Sempra
Deal Type Add-on Acquisition
Deal Value 510M USD

Target

EnergySouth

Mobile, Alabama, United States
website
EnergySouth, Inc. is a distributor and transporter of natural gas in the United States. EnergySouth also owns two large, high-cycle underground natural gas storage facilities.

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Buyer(S) 1

Buyer

Sempra

San Diego, California, United States

website

Category Company
Founded 1998
Sector Utilities
Employees18,000
Revenue 12.9B USD (2021)
DESCRIPTION
Sempra Energy's corporate headquarters in downtown San Diego, California.
Sempra Energy's corporate headquarters in downtown San Diego, California.

Sempra develops and operates critical energy infrastructure and provides gas and electricity services primarily in the Western United States. Sempra was founded in 1998 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-18 The Twin Oaks Power facility

Texas, United States

The Twin Oaks Power facility, a 305-megawatt plant .Twin Oaks is considered to be one of the cleanest coal-fired power plants in Texas. The plant uses fluidized bed combustion technology and limestone injection to reduce nitrogen oxide and sulfur dioxide emissions.

Sell $480M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-20 Sempra Energy - U.S. Solar Assets

San Diego, California, United States

Sempra Energy - U.S. Solar Assets includes Mesquite Solar 2 and 3 in Arizona; Copper Mountain Solar 1 and 4 in Nevada; Great Valley Solar in California; and solar and battery storage development projects.

Sell $1.5B
Mergr

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