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Government

Apr. 30, 2010

State Settles For $400 Million

San Diego-based Sempra Energy will pay $400 million to settle claims stemming from the energy crisis earlier this decade in an agreement announced Wednesday with state energy regulators.

By Fiona Smith and Pat Broderick

Daily Journal Staff Writers

San Diego-based Sempra Energy will pay $400 million to settle claims stemming from the energy crisis earlier this decade in an agreement announced Wednesday with state energy regulators.

The California Public Utilities Commission and other state agencies have been battling Sempra for years, accusing the company's energy trading subsidiaries Sempra Generation and ...

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