Sempra Energy completes sale of its Peruvian businesses

SAN DIEGO (CNS) - San Diego-based Sempra Energy announced today that it completed the sale of its Peruvian businesses, generating about $3.59 billion in total cash proceeds.

"We are very pleased with today's announcement as the sales proceeds will be used to further strengthen our balance sheet and our already solid liquidity position,'' said Jeffrey W. Martin, chairman and CEO of Sempra Energy.

"We're also very excited that, in the face of current travel restrictions, all parties worked safely together to complete this deal as

expected,'' he said. "We also remain on track for the sale of our...