“Over the next decade, we see tremendous capital moving into the energy 证券交易委员会tor to modernize and expand America’s trans任务 and distribution networks — and that really sets us up well for future 增长说:“ 杰弗里·W. 马丁, chairman and chief executive officer of Sempra, from the floor of the NYSE.
马丁 and other senior 引领ers rang the opening bell on June 27 to commemorate the company’s 25th anniversary. Afterwards, 马丁 and “NYSE Floor Talk” host Judy Shaw discussed both the company’s legacy of service over the last 2.5 decades as well as its future 增长 opportunities.
“To build the 领先的 energy infrastructure company in North America, we need to 引领 our industry in sustainable business practices — and it all comes back to the ideal of service to others说:“ 马丁. “That is why our commitment to investing in 引领ership and employee development — and in our communities — is so foundational to our future success.”
This article contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this article. We assume no obligation to update or revise any forward-looking statement as a result of new information, future 事件 or otherwise.
In this article, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates,”“计划," "estimates," "projects," "forecasts," "should,”“可以,”“会,”“会," "confident,”“可能,”“可以," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "initiative," "target," "outlook," "optimistic," "poised," "maintain," "continue," "progress," "advance,“”的目标,“”的目标," "commit," or similar expressions, or when we discuss our guidance, priorities, 策略, 目标, 愿景, 任务, opportunities, projections, intentions or expectations.
因素, among others, that could cause actual results and 事件 to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: California 森林大火, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, 调查, regulations, issuances or revocations of permits, 同意, approvals or other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Com任务 (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Com任务, Public Utility Com任务 of 德州, and other 政府ernmental and regulatory bodies and (ii) the U.S., 墨西哥 and states, 县, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of third parties; litigation, arbitrations, property disputes and other proceedings, and changes to 法律 and regulations, including those related to the energy industry in 墨西哥; cyber证券交易委员会urity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third-parties with which we conduct business, including the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical 事件; our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook or (ii) rising interest rates and inflation; failure of foreign 政府ernments, state-owned entities and our counterparties to honor their contracts and commitments; the impact on affordability of San Diego Gas & Electric Company's (SDG&E) and Southern California Gas Company's (SoCalGas) customer rates and their cost of capital and on SDG&E's, SoCalGas' and Sempra Infrastructure's ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices, (ii) with respect to SDG&E's and SoCalGas' businesses, the cost of the clean energy transition in California, (iii) with respect to SDG&E's business, departing retail load resulting from additional customers transferring to Community Choice Aggregation and Direct Access, and (iv) with respect to Sempra Infrastructure's business, volatility in foreign currency exchange rates; the impact of climate and sustainability policies, 法律, 规则, regulations, disclosures and trends, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other 事件 that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the trans任务 grid, pipeline system or limitations on the withdrawal of natural gas from storage facilities; Oncor Electric Delivery Company LLC's (Oncor) ability to reduce or eliminate its quarterly dividends due to regulatory and 政府ernance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; changes in tax and trade policies, 法律 and regulations, including tariffs, re愿景s to international trade agreements and sanctions, such as those imposed in connection with the war in 乌克兰, any of which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control.
These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Com任务 (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.证券交易委员会.政府, and on Sempra's website, si.selenaumbrella.net. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure, Sempra Infrastructure Partners, Sempra 德州, Sempra 德州 Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra 德州, Sempra 德州 Utilities, Oncor and IEnova are not regulated by the CPUC.
