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Sempra's IEnova wraps $1.14B acquisition of Mexican pipeline, storage assets

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Sempra's IEnova wraps $1.14B acquisition of Mexican pipeline, storage assets

Infraestructura Energética Nova SAB de CV, or IEnova,has completed the acquisition of PEMEX's 50% equity interest in the Gasoductos de Chihuahuajoint venture for about $1.14 billion.

The assets included in the transaction comprise threenatural gas pipelines, an ethane pipeline, and a liquid petroleum gas pipelineand associated storage terminal, according to a Sept. 27 news release. The dealbrings IEnova's share in the joint venture to 100%.

The deal, announced in July 2015, recently received from Mexico's antitrustcommission.

IEnova is a Mexican subsidiary of .