Efficient Financing & Incremental Investment Opportunities slide image

Efficient Financing & Incremental Investment Opportunities

OPERATING HIGHLIGHTS Kil • A Top Clean Power Producer² Finalized acquisition of remaining 50% equity-interest in Energía Sierra Juárez (ESJ) for $79M in March 2021 ESJ expansion expected to begin operations in 2H-2021 adding 108 MW of power generation capacity³ Placed 150 MW Border Solar in service March 2021 and Don Diego Solar 125 MW project reached COD in December 20204 Proven LNG Developer + Operator Cameron LNG Phase 1 achieved full commercial operations with a run-rate contributing to $400M - $450M in earnings Cameron LNG Phase 1 included more than 89M work hours without a lost time incident ECA LNG Phase 1 achieved FID. Total Energies is a 16.6% partner in the project³ • World-Class Energy Networks Advanced construction of Gulf of Mexico fuel terminal network Includes one of the largest marine and rail terminals in Mexico, of 3.4 MMbbl combined capacity³,5 Began commercial operations of Veracruz terminal in March 2021 Topolobampo terminal expected to begin operations in 2H-2021, with a storage capacity of 1.2 MMbbl³,5 • Financing Growth Announced agreement to sell 20% noncontrolling interest (NCI) to KKR for $3.37B6,7 Closed exchange offer for IEnova shares in May 2021, achieved target of over 95% ownership $541M in green loans to finance 5 solar projects, 529 MW total capacity (loans were acquired in 2019 and 2020) A leading growth platform for energy infrastructure in North America 2. 123 4. Amounts are approximate. Top 10 renewables producer in Mexico. Final Investment Decision (FID). The ability to complete major construction projects is subject to a number of risks and uncertainties. Please also refer to "Risk Factors" in our most recent Annual Report on Form 10-K and "Capital Resources and Liquidity" in our most recent Quarterly Report on Form 10-Q for a description of the risks and other factors associated with project development, construction and other opportunities. Commercial Operation Date (COD). 5. Millions of barrels (MMbbl). 6. 52 7. Subject to adjustments and various conditions to closing. The ability to complete this transaction is subject to conditions to closing and a number of risks and uncertainties. Please refer to "Risk Factors" in our most recent Annual Report on Form 10-K and "Capital Resources and Liquidity" in our most recent Quarterly Report on Form 10-Q for a description of the risks and other factors associated with this transaction. KKR Pinnacle Aggregator L.P., an affiliate of Kohlberg Kravis Roberts & Co. L.P. (KKR). SEMPRA
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