Sempra expects its latest deal to close before the end of this year. Sempra Energy ’s Mexico unit will acquire Pemex ’s 25 % stake in the Phase II Norte pipeline for approximately $ 520 m , including $ 289 m in debt . The deal will lift Ienova 's stake in the pipeline project to 50 % from 25 % . The purchase price will be announced on the date the deal closes , probably in Q4 .
Sempra Energy ’s Mexico unit will acquire Pemex ’s 25 % stake in the Phase II Norte pipeline for approximately $ 520 m , including $ 289 m in debt . The deal will lift Ienova 's stake in the pipeline project to 50 % from 25 % . The purchase price will be announced on the date the deal closes , probably in Q4 .