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April 14, 1999 | From Times Wire Services
Sempra Energy, the San Diego-based parent of Southern California Gas Co. and San Diego Gas & Electric, said Tuesday that it will join with a New Jersey utility to buy Chile's third-largest electricity company. Sempra and Public Service Enterprise Group of Ridgewood, N.J., said their international subsidiaries will jointly buy 90% of Chilquinta Energia for $830 million--$510 million in equity and $320 million in debt.
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BUSINESS
April 14, 1999 | From Times Wire Services
Sempra Energy, the San Diego-based parent of Southern California Gas Co. and San Diego Gas & Electric, said Tuesday that it will join with a New Jersey utility to buy Chile's third-largest electricity company. Sempra and Public Service Enterprise Group of Ridgewood, N.J., said their international subsidiaries will jointly buy 90% of Chilquinta Energia for $830 million--$510 million in equity and $320 million in debt.
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