What is Sempra?
Energy infrastructure and regulated utility holding company with 2025 adjusted earnings of $3.07B and record adjusted EPS of $4.69, headquartered in San Diego, CA.
- Category
- Energy infrastructure and regulated utility holding company
- Headquarters
- San Diego, CA
- Founded
- 1998
- Employees
- Approximately 20,000
- Total funding
- Public company; no VC funding
- Status
- Public company; NYSE: SRE
What is Sempra?
Sempra is a public energy infrastructure and regulated utility holding company headquartered in San Diego, CA. As of June 2026, its public-company scale signals include 2025 adjusted earnings of $3.07B and record adjusted EPS of $4.69, utility customers through SDG&E and SoCalGas plus infrastructure counterparties, and California, Texas, and North American energy infrastructure.
Sempra is a mature public company, not a venture-backed startup. Its latest public reporting and investor materials show 2025 adjusted earnings of $3.07B and record adjusted EPS of $4.69, Approximately 20,000 employees, utility customers through SDG&E and SoCalGas plus infrastructure counterparties, and operations across California, Texas, and North American energy infrastructure. The company operates as a regulated utility infrastructure platform, so performance depends on reliability, safety, regulated returns or route density, capital execution, customer satisfaction, and disciplined procurement.
The operating footprint includes SDG&E electric and gas utility, SoCalGas gas utility, Oncor investment, Sempra Infrastructure, Transmission and distribution, and related programs that require long-term capital planning rather than short product cycles. Buyers evaluate vendors through the lens of service reliability, rate or margin impact, compliance, cyber risk, integration with field systems, and the ability to deliver without disrupting critical operations.
For B2B sellers, Sempra should be treated as a multi-threaded enterprise account. Strong pitches attach to measurable outcomes such as uptime, field productivity, safety, customer experience, energy or water efficiency, fleet utilization, regulatory compliance, storm or route response, and lower cost to serve.
What does Sempra offer?
Sempra offers SDG&E electric and gas utility, SoCalGas gas utility, Oncor investment, Sempra Infrastructure, Transmission and distribution, Natural gas infrastructure and related customer, infrastructure, and operating programs.
- SDG&E electric and gas utility· Core offering
- SoCalGas gas utility· Core offering
- Oncor investment· Core offering
- Sempra Infrastructure· Core offering
- Transmission and distribution· Adjacent offering
- Natural gas infrastructure· Adjacent offering
- LNG and energy networks· Adjacent offering
- Safety and wildfire mitigation· Adjacent offering
How does Sempra make money?
Sempra makes money through regulated rates, long-lived infrastructure, customer charges, contracted services, and capital programs tied to its energy infrastructure and regulated utility holding company footprint.
Sempra's business model is not SaaS pricing; there are no public per-seat tiers. Revenue is generated through tariffs, regulated rates, approved riders, customer bills, long-term contracts, commodity pass-throughs, municipal or commercial service agreements, or route and asset economics depending on the business line.
The main economic drivers are customer growth, allowed returns or pricing discipline, rate-base or asset growth, operating reliability, safety performance, storm or claims exposure, labor productivity, fuel and commodity costs, interest rates, and capital execution. Its current investment anchor is $65B five-year capital plan announced for regulated growth and infrastructure, which shapes procurement cycles and project funding.
Growth depends on practical operating levers: modernized infrastructure, better outage or route performance, faster interconnection or customer service, tighter asset management, cleaner data, stronger cybersecurity, and lower lifecycle cost. Vendors should quantify the operating metric they improve and expect business-owner, finance, procurement, legal, security, and technical review.
Who leads Sempra?
Sempra is led by Jeffrey W. Martin, Chairman, Chief Executive Officer and President, with finance, operations, legal, technology, and business-unit leaders shaping major buying decisions.
- Jeffrey W. MartinChairman, Chief Executive Officer and PresidentCEO since 2018Leads Sempra strategy, capital allocation, and regulated infrastructure growth.
- Karen SedgwickExecutive Vice President and Chief Financial OfficerCFO since 2023Leads finance, accounting, treasury, tax, and investor relations.
- Justin BirdExecutive Vice President and CEO, Sempra InfrastructureInfrastructure leaderLeads Sempra Infrastructure and corporate development activities.
- Kevin SagaraExecutive Vice President and Group PresidentSenior utility executiveImportant leader for regulated utility operations and strategy.
How do you contact Sempra's leadership?
Sempra publishes investor-relations, media, supplier, customer, or corporate contact routes, but it does not publish verified personal executive email addresses for the leaders below. Use official company contact channels and do not treat inferred personal email patterns as verified.
No verified public personal-executive email format; use official investor, media, supplier, or company contact routes- Karen SedgwickExecutive Vice President and Chief Financial OfficerUse official company contact route
- Justin BirdExecutive Vice President and CEO, Sempra InfrastructureUse official company contact route
How much funding has Sempra raised?
Sempra is a mature public company (NYSE: SRE), so its capital profile is public equity, debt, operating cash flow, regulated or asset-backed investment, and acquisitions rather than venture funding rounds.
Sempra has no current VC-style funding history to enumerate. The relevant capital history is its founding in 1998, public-company status as NYSE: SRE, operating cash flow, public debt and equity access, dividends, capital spending, and portfolio transactions.
As of June 2026, the strongest capital signal is 2025 adjusted earnings of $3.07B and record adjusted EPS of $4.69. The most useful forward-looking budget signal is $65B five-year capital plan announced for regulated growth and infrastructure; for sellers, that is more actionable than a private valuation because spend is approved through annual plans, regulatory filings, procurement controls, cyber review, and business-unit ROI.
Seller signal: budget exists where the proposal maps to strategic priorities and measurable operating outcomes. The strongest opportunities connect to reliability, resilience, safety, customer experience, compliance, labor productivity, asset utilization, field execution, data quality, cybersecurity, or lower cost to serve.
How did Sempra get here?
Sempra's history is defined by utility or environmental-services roots, public-market capital access, portfolio moves, leadership transitions, and current 2025-2026 operating execution.
- 1998Sempra formedPacific Enterprises and Enova combine to create Sempra.
- 2018Jeffrey Martin becomes CEOSempra shifts toward regulated utility and infrastructure growth.
- 2021IEnova consolidationSempra expands its North American infrastructure platform.
- 2024Portfolio simplification continuesSempra focuses capital around regulated utilities and infrastructure.
- 2025$56B plan launchedSempra launches its 2025-2029 capital plan and reports record adjusted EPS.
- 2026Capital plan raisedSempra raises its five-year capital plan to $65B and issues 2030 EPS outlook.
Who are Sempra's competitors?
Sempra competes with public and private peers for customers, capital, labor, infrastructure projects, regulatory execution, technology partners, and operating performance.
- NextEra EnergyLarge regulated utility and renewables owner with Florida Power & Light scale.
- Southern CompanySoutheastern electric and gas utility with large regulated generation and grid investments.
- Duke EnergyMulti-state regulated electric and gas utility focused on grid modernization and generation transition.
- Dominion EnergyRegulated utility peer with electric, gas, and infrastructure assets.
- Xcel EnergyUpper Midwest and western utility peer with clean-energy and transmission investment programs.
Sempra — frequently asked questions
