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Stock impact report

Sempra Sells Stake To Fund US Utility Growth [Yahoo! Finance]

Black Hills Corporation (BKH) 
Last black hills corporation earnings: 2/6 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.blackhillscorp.com
Company Research Source: Yahoo! Finance
The transaction is expected to close in the second or third quarter of 2026. The move is designed to strengthen the company's balance sheet and increase its focus on regulated utilities in the U.S. The agreement values Sempra Infrastructure Partners at $22.2 billion in equity and $31.7 billion in enterprise value. Once completed, KKR and its partners will hold 65% of the business, while Sempra will retain 25% alongside the Abu Dhabi Investment Authority's 10% interest. Also Read: Black Hills, Northwestern Energy To Merge, Strengthening Regional Utility Footprint “The transactions announced today further Sempra's corporate strategy by advancing the company's capital recycling program and transition to a leading U.S. utility growth business,” said Chairman and CEO Jeffrey W. Martin The deal supports funding for the company's 2025–2029 capital plan without requiring new equity issuance. Port Arthur LNG Expansion Sempra Infrastructure Partners also reached a final investment Show less Read more
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