Sempra Infrastructure Receives FERC Approval For Port Arthur LNG Phase 2 Expansion
Portfolio Pulse from Benzinga Newsdesk
Sempra Infrastructure, a subsidiary of Sempra Energy (SRE), has received approval from the Federal Energy Regulatory Commission (FERC) for the Phase 2 expansion of its Port Arthur LNG project.
September 22, 2023 | 6:06 am
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Sempra Energy's subsidiary, Sempra Infrastructure, has received regulatory approval for the expansion of its Port Arthur LNG project. This could potentially increase the company's asset base and future revenues.
The approval from FERC allows Sempra Infrastructure to proceed with the expansion of its Port Arthur LNG project. This could potentially increase Sempra Energy's asset base and future revenues, which could positively impact its stock price in the short term.
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