02.02.2024 13:35:32 - dpa-AFX: Sempra Infrastructure, Japan Bank For International Cooperation To Partner For Energy Transition

TOKYO (dpa-AFX) - Sempra (SRE), an energy infrastructure company, Friday
announced that its unit Sempra Infrastructure has entered into a memorandum of
understanding or MOU with Japan Bank for International Cooperation to advance
energy transition.

Through this collaboration, both firms aim to improve the global energy supply
chain through liquefied natural gas or LNG, hydrogen, and other decarbonization
efforts in both the United States and Japan.

Further, the company said that the U.S. Department of Energy and Japan's
Ministry of Economy, Trade and Industry are currently implementing a Memorandum
of Cooperation or MOC for capturing, storing converting, recycling, and removing
carbon dioxide.

The MOU between the two firms is expected to help Sempra Infrastructure and its
customers in Japan meet many of the objectives of the MOC and bolster efforts
between the two countries to advance decarbonization efforts.

Japan's policy-based financial institution, JBIC's mission is to financially
support Japanese businesses and help them secure a stable energy supply.

In pre-market activity, Sempra shares are trading at $73.03, up 0.94% on the New
York Stock Exchange.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SEMPRA 915266 Frankfurt 71,520 20.05.24 08:04:06 +0,360 +0,51% 71,660 72,460 71,520 71,160

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH