Sempra Earnings Top Estimates on Clean Energy Growth, Sending Shares Higher ...Middle East

Times of San Diego - News

Sempra Energy headquarters in downtown San Diego. REUTERS/Mike Blake San Diego utility-holding company Sempra on Thursday topped estimates for quarterly profit on strength in its energy infrastructure business, sending its shares up 2.3% in early trading. Sempra infrastructure, the company’s unit for building, operating and investing in the infrastructure critical for the clean energy transition, posted third-quarter earnings of $223 million, almost double of $114 million reported last year. The segment got a boost from increasing global interest in lower emissions fuels, which have received a push under Biden’s Inflation Reduction Act that provides incentives and credits for such

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Last updated : 03 Nov 2023 clock 07:08 PM

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Sempra Earnings Top Estimates on Clean Energy Growth, Sending Shares Higher ...Middle East

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