SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report
(Date of earliest event reported): May 21, 1999
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SEMPRA ENERGY
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(Exact name of registrant as specified in its charter)
CALIFORNIA 1-14201 33-0732627
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(State of incorporation (Commission (I.R.S. Employer
or organization) File Number) Identification No.
101 ASH STREET, SAN DIEGO, CALIFORNIA 92101
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(Address of principal executive offices) (Zip Code)
(619) 696-2034
Registrant's telephone number, including area code-------------------
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(Former name or former address, if changed since last report.)
FORM 8-K
Item 2. Acquisition or Disposition of Assets
On May 21, 1999 San Diego Gas & Electric Company (SDG&E), a wholly
owned subsidiary of Sempra Energy, completed the sale of its 965-
megawatt Encina Power Plant and 17 combustion-turbine generators to
Dynegy Inc. and NRG Energy Inc. for $356 million in cash. The power
plant began operating in Carlsbad, California, in 1954 and consists
of five steam-generating units and an on-site combustion turbine.
Other assets sold along with the plant are substantial acreage
including the outer and middle sections of the Agua Hedionda
Lagoon.
Previously, on April 23, 1999, SDG&E completed the sale of its 693-
megawatt South Bay Power Plant to the San Diego Unified Port
District for $110 million, which the Port District is financing
through revenue bonds.
SDG&E will operate and maintain both facilities for the new owners
for the next two years. The press releases announcing the
completion of these sales are attached as Exhibits 99.1 and 99.2.
Item 7. Financial Statements And Exhibits.
(c) Exhibits
99.1 Press release dated May 21, 1999 announcing the
completion of the sale of Encina Power Plant and
combustion turbines to Dynegy, NRG Energy.
99.2 Press release dated April 23, 1999 announcing the
completion of the sale of South Bay Power Plant
to the San Diego Unified Port District.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
SEMPRA ENERGY
(Registrant)
Date: May 21, 1999 By: /s/ F.H. Ault
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F. H. Ault
Vice President and Controller