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September 02, 2015 5:20 AM ET

Multi-Utilities

Company Overview of San Diego Gas & Electric Company

Company Overview

San Diego Gas & Electric Company transports, distributes, and sells natural gas and electricity. As of December 31, 2014, it owned and operated 4 natural gas-fired power plants, including a 566- Megawatt (MW) electric generation facility located in Escondido; a 96-MW electric generation peaking facility located in San Diego; and a 47-MW electric generation facility located in El Cajon of California, as well as a 485-MW electric generation facility located in Boulder City, Nevada. The company also had 2,090 miles of electric transmission lines and 23,158 miles of electric distribution lines; 2,960 miles of natural gas transmission and storage pipelines; 50,001 miles of natural gas distributio...

8326 Century Park Court

San Diego, CA 92123

United States

Founded in 1905

4,300 Employees

Phone:

619-696-2000

Key Executives for San Diego Gas & Electric Company

Chief Executive Officer and Director
Age: 53
President, Chief Operating Officer and Director
Age: 59
Chief Financial Officer, Chief Accounting Officer, Vice President, Controller and Treasurer
Age: 47
Chairman of Sempra Energy and Chief Executive Officer of Sempra Energy
Age: 59
Chief Executive Officer of Southern California Gas Co. and President of Southern California Gas Co.
Age: 54
Compensation as of Fiscal Year 2015.

San Diego Gas & Electric Company Key Developments

San Diego Gas & Electric Appoints Emily Shults as Vice President of Electric & Fuel Procurement

San Diego Gas & Electric announced that Emily Shults, currently director of construction services has been named vice president of electric & fuel procurement for SDG&E. Shults, who will report to Scott Drury, SDG&E's chief energy supply officer, will be responsible for all aspects of acquiring energy and capacity to serve SDG&E's customers. This includes long-term contracting for the company to reach its renewable portfolio standard goals, as well as procurement of conventional resources.

San Diego Gas & Electric Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

San Diego Gas & Electric announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's earnings were $126 million in 2015, compared with $123 million in 2014. For the six months, the company's earnings were $273 million, compared with $222 million for the first six months of 2014. Excluding the SONGS-related items in the first quarters of 2015 and 2014, the company's adjusted earnings were $260 million, up from $231 million in 2014.

Tech Mahindra Ltd., San Diego Gas & Electric, SAP Canada and Nissan Canada Join Hands to Empower Citizens of Ontario with Clean Energy

Tech Mahindra Ltd. has announced the partners for its Intelligent Electric Vehicle Charging System Project along with Ontario-based local distribution company, Niagara-on-the-Lake Hydro. Partners for this project include San Diego Gas & Electric, SAP Canada and Nissan Canada. This project is sponsored by the Ministry of Energy and funded in part through the Ontario Smart Grid Fund initiative. Tech Mahindra will focus on the development of an integrated hardware-software solution that allows utilities to gather data on both EV charging patterns and local transformer performance. Enrolling 10-15 EV users in Niagara-on-the-Lake, this project will help utilities plan for future EV impacts on the distribution system, and through an In-Home Display, will help consumers manage energy usage. The EV Charging System pilot project began in March 2015 and is scheduled to be completed by the end of September 2016.

Similar Private Companies By Industry

Company Name Region
Bio-Energy Central Corporation United States
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Puget Sound Energy Capital Trust I United States
UCU Capital Trust I United States
Sempra US LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 12, 2015
San Diego Gas & Electric, 203 Acres at the Intersection of Interstate 5 & Cannon Rd in Carlsbad
Bankruptcy
February 24, 2015
Premier Golf Properties, LP
Bankruptcy
October 20, 2014
Ultura (LA) Inc.
 

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