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6 months ago
BRIEF-Sempra Energy announces California Utilities' settlement agreement for two-year extension of cost-of-capital application
February 7, 2017 / 10:11 PM / 6 months ago

BRIEF-Sempra Energy announces California Utilities' settlement agreement for two-year extension of cost-of-capital application

Feb 7 (Reuters) - Sempra Energy

* Sempra Energy announces California Utilities' settlement agreement for two-year extension of cost-of-capital application

* Sempra Energy -Entered MOU with other parties for two-year extension for utilities to file next applications in cost-of-capital proceeding at CPUC

* Sempra Energy - MOU calls for SDG&E to reduce its return on equity to 10.2 percent from 10.3 percent

* Sempra Energy - MOU calls for Socalgas to reduce its return on equity to 10.05 percent from 10.1 percent for 2018 and 2019

* Sempra Energy - Co's california utilities San Diego Gas & Electric and Southern California Gas Co have entered into memorandum of understanding with other parties Source text for Eikon: Further company coverage:

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