Sempra launches port arthur lng project

Finalizes joint venture with conocophillips closes non-recourse project financing announces equity participation by kkr issues final notice to proceed to bechtel san diego , march 20, 2023 /prnewswire/ -- sempra (nyse: sre) (bmv: sre) today announced that its 70%-owned subsidiary, sempra infrastructure partners, lp (sempra infrastructure), reached a positive final investment decision (fid) for the development, construction and operation of the port arthur lng phase 1 project in jefferson county, texas. sempra infrastructure closed its joint venture with an affiliate of conocophillips (nyse: cop), as well as announced an agreement to sell an indirect, non-controlling interest in the project to an infrastructure fund managed by kkr.
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