KKR and CPP Investments have acquired a 45% stake in Sempra Infrastructure Partners for $10 billion, marking a significant investment in U.S. energy infrastructure amid rising global LNG demand.

Target Information

KKR and the Canada Pension Plan Investment Board (CPP Investments) have announced an agreement to acquire a 45% stake in Sempra Infrastructure Partners for $10 billion. This transaction marks one of the largest private equity-backed energy infrastructure deals of the year, highlighting the substantial interest from prominent institutional investors in U.S. energy assets.

Sempra Infrastructure Partners is a key player in the energy sector, primarily focusing on providing energy solutions that facilitate the growth of liquefied natural gas (LNG) and other energy-related ventures. This deal enhances Sempra's financial stability, enabling it to strengthen its balance sheet and reduce the need for future equity issuances under its expansive $40 billion capital plan for 2025–2029.

Industry Overview

The U.S. energy sector is experiencing a significant shift, particularly in the natural gas landscape. As global demand for LNG surges, driven by the rapid expansion of emerging economies in Asia, companie