Sempra Expands to Unlock Texas' Energy Potential
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By Sempra Energy
As Sempra Energy focuses on becoming North America’s premier energy infrastructure company, its energy behind Texas serves a greater purpose. Texas leads the nation in energy production, including abundant natural gas and sustainable sources like wind and solar power, and companies like Sempra know that investing here supports its mission and the state’s global leadership. This video showcases Texas’ energy leadership and Sempra’s role in helping unlock the state’s full potential.
Sempra has had a presence in Texas for 20 years, and the most significant growth has been in the last two years with an $8.9 billion engineering, procurement and construction contract with Bechtel Corporation for its proposed Port Arthur liquified natural gas (LNG) export project, which has the potential to become one of the largest liquefaction facilities in North America. The proposed LNG export terminal sits on 3,000 acres that is designed to enable the export of 11 million tons of LNG per year, with room for expansion.
Despite a challenging year for the industry, Sempra has an optimistic outlook for the future, a sentiment Sempra Chairman and CEO Jeff Martin shared in his keynote address at the 35th annual Gulf Coast Power Association conference, which took place virtually this year.
“There is no question that Texas has an outsized role in providing energy to America, as well as increasing exports to foreign markets. So, as the state looks to recover from the pandemic, Sempra is committed to being a good partner and doing our part to promote the state’s economic growth and prosperity through continued investment.”
— Jeff Martin, Chairman and CEO
Earlier in September, Martin engaged in an important dialogue with leaders at the Greater Houston Partnership’s USMCA Day, where Sempra joined business and government leaders from the United States and Mexico to celebrate the economic drivers that open the door for the development of 21st century energy infrastructure projects, including LNG facilities.
In 2018, Sempra acquired an approximate 80% share of Oncor, the largest electric utility in the state, serving more than 10 million Texans. Championing Oncor’s 4,000 employees and their mission to prove that innovation doesn’t have an off switch is a key component of the company’s investment in Texas. Sempra also secured a 50% limited-partnership interest in Sharyland Utilities, a South Texas electric transmission utility.
Connecting millions of Texans — with power and resources — and helping to drive conversations with leaders throughout the industry is enabling Sempra to shape the future of energy infrastructure and elevate Texas on the world stage. By the end of 2020, Sempra will open the Houston Center of Excellence as its regional headquarters to support its continued expansion and long-term commitment in the state.
“Our commitment to innovation, technology and leadership will help Texas bring safer and more reliable energy to the world.”
— Brian Lloyd, Regional Vice President, Sempra LNG
Sempra is dedicated to investing in the communities it serves and operates, and that has been an increasing focus for the company as it grows in Texas. Sempra has elevated its corporate citizenship efforts in the state to support a strong post-pandemic economic recovery. Through Sempra and the Sempra Foundation, the company has donated more than $2 million in COVID-19 and hurricane relief, working with organizations like the Houston Food Bank, the Greater Houston Partnership and the Texas Economic Development Corporation to provide financial support and resources where those are needed most.
“Our corporate citizenship plans will continue to grow with our team and we’re looking forward to aligning with the Texas organizations that are helping so many — now and in the future.”
— Lisa Alexander, Senior Vice President of Corporate Affairs, Sempra
As Sempra continues to expand in Texas, it’s clear that this is just the beginning.
About Sempra Energy
Sempra Energy’s mission is to be North America’s premier energy infrastructure company. With more than $60 billion in total assets in 2019, Sempra Energy is the utility holding company with the largest U.S. customer base. Sempra Energy companies' more than 18,000 employees deliver energy with purpose to over 35 million consumers. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its sustainability, and diversity and inclusion, and has been named by Fortune magazine as one of the World’s Most Admired Companies, by the Wall Street Journal as one of the Best Managed Companies on its Management 250 list, and by Newsweek as among America’s Most Responsible Companies. Follow all of Sempra’s Texas updates at Sempra.com/Texas.