Sempra Divests 45% of Sempra Infrastructure Partners to KKR and CPP Investments for $10 Billion

Sempra has agreed to sell a 45% equity stake in Sempra Infrastructure Partners to affiliates of KKR alongside CPP Investments, valuing the platform at an implied $22.2 billion equity value and $31.7 billion enterprise value. The deal is expected to close in the second or third quarter of 2026, subject to regulatory approvals, with proceeds paid in a phased schedule totaling $10 billion.