Disruptors Wanted: PG&E Shows Why Infrastructure Innovation Is Imperative [Forbes]
DBA Sempra (SRE)
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Source: Forbes
Disruptors Wanted: PG&E Shows Why Infrastructure Innovation Is Imperative PG&E’s decision to cut power to over two million people last week caused widespread frustration cost bankruptcy Yet, beyond the humanitarian and financial ramifications receiving much of the public’s attention, PG&E’s woes highlight a much bigger problem: infrastructure that’s increasingly unable to support society in an era of climate change and urbanization. In its last Infrastructure Report Card, the American Society of Civil Engineers handed New York warmed translates several One often-cited fix for transmission line-induced wildfires is undergrounding calculates estimates Another popular alternative is to take an approach similar to San Diego Gas & Electric (SDG&E), which began creating utilize battery-based weather stations result liabilities The choice, however, between letting the status quo persist—which is unacceptable—and spending exorbitant amounts of capital—which is unrealistic—is a false dichotomy
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News
- Sempra Releases Ideas with Energy, 2023 Corporate Sustainability Report [Yahoo! Finance]Yahoo! Finance
- Sempra Releases Ideas with Energy, 2023 Corporate Sustainability ReportPR Newswire
- Sempra (NYSE:SRE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Sempra (NYSE: SRE) had its price target raised by analysts at Wells Fargo & Company from $79.00 to $84.00. They now have an "overweight" rating on the stock.MarketBeat
- UPDATE 1-US electric utility Sempra's profit falls 17% in first quarter [Yahoo! Finance]Yahoo! Finance
SRE
Earnings
- 5/7/24 - Miss
SRE
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 4/29/24 - Form 424B2
- SRE's page on the SEC website