HOUSTON, October 10, 2023 – Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced that its president, Tania Ortiz Mena, has been appointed to the Board of Directors for the U.S. Chamber of Commerce's U.S.-Japan Business Council (USJBC). She will also be the U.S. co-chair of the Energy and Infrastructure Working Group.
"Given Japan’s heavy dependence on imported energy, the U.S.-Japan Business Council has shown great initiative in recognizing the value of energy to national security and its economic development,” said Tania Ortiz Mena, president of Sempra Infrastructure. “We are thrilled to help strengthen the Council’s work with our company’s deep experience, high-performing talent and versatility across sectors to help enable continued U.S.-Japan energy security cooperation and a cleaner energy future.”
Ortiz Mena’s appointment comes after Sempra Infrastructure recently announced a non-binding agreement to participate in the evaluation of a proposed project to produce e-natural gas with a leading Japanese consortium. If developed, the project could be the first link of an international liquified e-natural gas supply chain in the U.S. Gulf Coast region.
Established in 1971, the USJBC is a Washington, D.C.-based association whose mission is to advance U.S. business interests in Japan and promote stronger economic ties between the United States and Japan. It is comprised of leading U.S. companies that place a high priority on doing business in Japan and has a strong institutional relationship with a Japanese counterpart, the Japan-U.S. Business Council (JUBC), comprised of major Japanese companies. Together, the USBJC and JUBC serve as the preeminent private sector voice in the U.S.-Japan commercial relationship. The USJBC operates five sector-specific joint working groups with JUBC focused on digital economy, energy and infrastructure, financial services, healthcare innovation, and travel, tourism, and transportation.
“We are delighted by President Ortiz Mena’s appointment to our Board and look forward to working with her to advance our members’ work in Japan and promote the U.S. and Japan’s mutual energy security and decarbonization efforts,” said USJBC Executive Director Tomoko Hosaka Mullaney.
About Sempra Infrastructure
Sempra Infrastructure, headquartered in Houston, is focused on delivering energy for a better world by developing, building and operating, and investing in clean power, energy networks, and LNG and net-zero solutions that are expected to play a crucial role in the energy systems of the future. Through the combined strength of its assets in North America, Sempra Infrastructure is connecting customers across the globe to modern energy infrastructure to source and transport renewables and natural gas, while advancing carbon sequestration and clean hydrogen. For more information about Sempra Infrastructure, please visit: www.SempraInfrastructure.com and X.
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Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, and other actions by (i) the U.S. Department of Energy, Comisión Reguladora de Energía, U.S. Federal Energy Regulatory Commission and other governmental and regulatory bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries where we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of third parties; litigation, arbitrations, property disputes and other proceedings, and changes to laws and regulations, including those related to the energy industry in Mexico; cybersecurity threats, including by state and state-sponsored actors, of ransomware attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure, all of which have become more pronounced due to recent geopolitical events; our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook or (ii) rising interest rates and inflation; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; the impact on our ability to pass through higher costs to customers due to volatility in inflation, interest and foreign currency exchange rates and commodity prices; the impact of climate and sustainability policies, laws, rules, regulations, disclosures and trends, including actions to reduce or eliminate reliance on natural gas, the risk of nonrecovery for stranded assets, and our ability to incorporate new technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas, including disruptions caused by failures in the pipeline system of limitations on the withdrawal of natural gas from storage facilities; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, any of which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control.
These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra’s website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure and Sempra Infrastructure Partners are not the same company as San Diego Gas & Electric Company or Southern California Gas Company, and none of Sempra Infrastructure, Sempra Infrastructure Partners nor any of its subsidiaries is regulated by the California Public Utilities Commission.