Efficient Financing & Incremental Investment Opportunities
SEMPRA INFRASTRUCTURE FINANCIAL HIGHLIGHTS
2021 2025 Capital Plan'
-
$3.1B
FINANCIAL HIGHLIGHTS
• Infrastructure growth platform
•
2022 proportional (80% share) Adjusted EBITDA of $1.57B²
65%
LNG +
Net-Zero
Solutions
28%
Energy
Networks
7%
·
Clean Power +
Other
70% is in first 2 years as plan only includes
1.
2.
projects that have reached FID
•
20-year average contract life
Over 90% of prospective GAAP revenues from investment-
grade counterparties, state-owned enterprises and BP Tangguh
•
Targeting an investment-grade rating
Actual amounts expended will depend on a number of factors and may differ materially from the amounts reflected in our 5-year capital plan for 2021-2025. Amount represents expenditures for PP&E and investments.
Adjusted EBITDA represents a non-GAAP financial measure. Projected GAAP Earnings for Sempra Infrastructure for 2022 are -$700M using the midpoint of the Earnings Guidance Range. See Appendix for further details on non-GAAP
financial measures. Proportional (80% share) Adjusted EBITDA represents 80% of Adjusted EBITDA, based on our
59
ownership interest in Sempra Infrastructure Partners.
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