Sempra profit climbs

San Diego-based Sempra Energy reported second-quarter 2015 earnings of $295 million, compared with $269 million in the same period a year before.

The company’s earnings included a $36 million after-tax gain on the sale of the second block of Sempra U.S. Gas & Power’s Mesquite Power facility and $1 million after tax in LNG liquefaction development expenses.

Sempra Energy’s adjusted earnings for the first six months of 2015 were $688 million,  up from $525 million in the same period last year.


LNG World News Staff; Image: Sempra Energy