Efficient Financing & Incremental Investment Opportunities
2017 2020 CAPITAL DEPLOYED (UNAUDITED)
-
(Dollars in millions)
Sempra
Expenditures for property, plant and equipment
Expenditures for investments and acquisitions
Total Capital Expenditures, Investments and Acquisitions (On Balance Sheet) 1
Exclude:
Sempra Renewables Capital Expenditures, Investments and Acquisitions (On Balance Sheet)
Capital contribution to Oncor for Oncor's acquisition of 100% of InfraREIT and Sempra's acquisition of a 50% indirect interest in Sharyland
Acquisition of 1% interest in Texas Transmission Holdings Corporation (TTHC) from Hunt
Acquisition of 80.25% indirect interest in Oncor²
Acquisition of additional 50-percent interest in DEN
Total Adjusted Capital Expenditures and Investments (On Balance Sheet)
Oncor Electric Delivery Company LLC
Capital expenditures (100%)
Total Capital Expenditures (Off Balance Sheet)
Sharyland Utilities
Capital expenditures (100%)
Total Capital Expenditures (Off Balance Sheet)
Sempra Texas - Proportionate Ownership Share of Unconsolidated Entities
80.25% of Oncor Electric Delivery Company LLC capital expenditures
50% of Sharyland Utilities capital expenditures
Less:
Sempra Texas investments and acquisitions (On Balance Sheet)
Add Back:
Sempra Texas acquisitions (On Balance Sheet)³
Capital Expenditures, Investments and Acquisitions - Sempra Texas (Off Balance Sheet)
Capital Expenditures - Unconsolidated Joint Ventures at Sempra LNG (Off Balance Sheet) 4
Capital Expenditures - Unconsolidated Joint Ventures at Sempra Mexico (Off Balance Sheet) 4
Total Capital Expenditures, Investments and Acquisitions of Unconsolidated Entities (Off Balance Sheet)
Total Capital Deployed A+B
Total Capital Deployed CAGR (2017 to 2020)
2020
2019
2018
2017
$ 4,676 $ 3,708 $ 3,544 $ 3,705
652 1,797 10,168
269
5,328
5,505
13,712
3,974
(2)
(56)
(497)
(1,162)
(16)
(9,568)
5,312 4,341 4,088
(147)
3,330 A
2,540 2,097 1,767
2,540 2,097
1,767
22
55
2,038
3
1,683
1
1,418
(648)
(1,685)
(9,457)
16
1,409
1,162 9,227
1,161
1,188
146
337
531
728
82
109
249
479
1,637
1,607 1,968 1,207 B
$ 6,949 $ 5,948 $ 6,056 $ 4,537
15%
1. Amounts have been retrospectively adjusted for discontinued operations.
123
Amount includes $12 million of transaction costs that was recorded in other investing activities at Parent & Other in 2017.
Includes Sempra's acquisition of 1% interest in TTHC from Hunt in 2020, Sempra's capital contribution to Oncor for Oncor's acquisition of 100% of InfraREIT and Sempra's acquisition of a 50% indirect interest in Sharyland in 2019, and Sempra's
acquisition of 80.25% indirect interest in Oncor in 2018.
2.
3.
4.
Represents proportionate ownership share and is net of capital contributions from Sempra.
90
SEMPRAView entire presentation