Sempra Energy completes renewables exit with closure of 724 MW AEP wind deal
Utility Dive | April 24, 2019
Sempra Energy has completed the sale of its U.S. renewable energy business and non-utility natural gas storage assets, generating $2.5 billion in total cash proceeds. On Monday, Sempra completed the sale of its remaining ownership interests in operating and development-stage wind assets to American Electric Power for $584 million. Sempra announced last year a three-phase effort to "optimize" the company's business portfolio and divest some international and liquefied natural gas assets.