Sempra Energy is a leading energy services holding company that operates in the utility and energy infrastructure sectors
It focuses on delivering reliable energy solutions while prioritizing sustainability and environmental stewardship. Through its various subsidiaries, Sempra provides electricity and natural gas services to millions of customers, primarily in the United States and Mexico. The company also invests in renewable energy projects and develops infrastructure to support the growing demand for clean energy sources. By leveraging its expertise in energy markets, Sempra aims to enhance energy security and contribute to a cleaner energy future.
A destructive wildfire is raging through the Pacific Palisades section of Los Angeles on Wednesday and more than 30,000 people have been forced to evacuate the area.
Southern California is preparing for a severe windstorm that could cause wildfires. Power outages, flight delays, and evacuations are expected. Climate change is a contributing factor.
Analyst expects favorable entry point for investors in EIX, PCG, and SRE due to discounts from past wildfire concerns and CA's wildfire risk management mechanisms.
