Sempra EnergyMexico unit IEnova said it has restructured its deal to acquire the 50% stake in Gasoductos de Chihuahua that is held by Petroleos Mexicanos (Pemex). Last December, Mexico’s Federal Economic Competition Commission objected to the deal (see Daily GPI,Dec. 22, 2015). IEnova said it has reached an agreement with Pemex to restructure the deal in order to satisfy the regulator. According to IEnova, the price to be paid for the pipeline stake would be a minimum of US$1.108 billion. The deal is expected to close during the third quarter, assuming that regulatory conditions are satisfied by Pemex and regulatory approvals obtained, IEnova said.
Ienova
Articles from Ienova
TransCanada-Sempra JV Gets Latest Mexico NatGas Pipeline Contract
Infraestructura Marina del Golfo (IMG) — a joint venture of TransCanada Corp. and Sempra Energy Mexico unit IEnova — has been chosen to construct own and operate the US$2.1 billion Sur de Texas-Tuxpan natural gas pipeline in Mexico.
June 13, 2016
Sempra Unit Wins Bid For Small Mexico Pipeline
Sempra Energy unit Infraestructura Energetica Nova, SAB de C.V. (IEnova) has won the bid to construct the Ramal Empalme pipeline in the Mexican state of Sonora, according to Mexico’s Comision Federal de Electricidad (CFE).
May 6, 2016
Sempra Unit Wins Bid For Small Mexico Pipeline
Sempra Energy unit Infraestructura Energetica Nova, SAB de C.V. (IEnova) has won the bid to construct the Ramal Empalme pipeline in the Mexican state of Sonora, according to Mexico’s Comision Federal de Electricidad (CFE).
May 6, 2016
Sempra May Challenge Mexico on Gas Pipeline Bid Outcome
Officials at Sempra Energy’s Mexican affiliate Infraestructura Energetica Nova, SAB deCV, or IEnova, said Wednesday they are considering a legal challenge to the Mexican government’s rejection of a natural gas pipeline bid that ultimately was awarded to a unit of TransCanada Corp. (see Daily GPI,April 11).
April 14, 2016
Sempra May Challenge Mexico on Gas Pipeline Bid Outcome
Officials at Sempra Energy’s Mexican affiliate Infraestructura Energetica Nova, SAB deCV, or IEnova, said Wednesday they are considering a legal challenge to the Mexican government’s rejection of a natural gas pipeline bid that ultimately was awarded to a unit of TransCanada Corp. (see Daily GPI,April 11).
April 14, 2016
Sempra Gets Nod on $300M Mexico Gas Pipeline
San Diego-based Sempra Energy’s 81%-owned Mexican energy infrastructure company, IEnova, late Monday was named the winner in the competition to build a 1.4 Bcf/d capacity natural gas transmission line to fuel generation plants operated by Mexico’s Comision Federal de Electricidad (CFE).
November 25, 2014
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