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Areas of Mexico facing extreme or exceptional drought conditions have increased due to lack of rain. To combat the prolonged drought, Mexico's air force has been assigned a new mission: seeding clouds. The Mexican air force has been assigned a new mission: seeding clouds in an effort to combat the prolonged drought. However, areas facing extreme or exceptional drought conditions — located in Sonora, Chihuahua, Sinaloa, Durango, Nayarit, Colima and Michoacán — increased due to a shortage of rain. "We always need adequate weather conditions.
Persons: Guadalupe Rojas, Francisco Ramírez Organizations: Ministry of Agriculture, Air Locations: Mexico, Sonora, Chihuahua, Sinaloa, Durango, Nayarit, Colima, Michoacán, San Quintín, Baja California, Nuevo León, Coahuila, León, Milenio
“It’s a problem Facebook has known about for many years.”Facebook spokesman Andy Stone said that the company prohibits "content that offers to provide or facilitate human smuggling. He added that Facebook permits content related to seeking asylum and that it had consulted with the United Nations on its content policies around human smuggling. The policies draw on the U.N. definition of human smuggling as “the procurement or facilitation of illegal entry into a state across international borders” that doesn’t necessarily involve coercion or force. Since 2015, researchers and journalists have regularly identified pages dedicated to human smuggling on Facebook. Deported and pennilessAt his computer, Pastor Banda pointed to another Facebook group in which migrants appear to be negotiating with coyotes.
Persons: Gustavo Banda, they’ve, , , gesturing, ” Katie Paul, Andy Stone, El Coyote Lopez ”, Nilda Garcia, Garcia, cobro de piso, ” Garcia, , Facebook —, TikTok, Facebook’s Stone, Gabriella Sanchez, Biden, Kamala Harris, Jen Psaki, Paul, Stone, ” Sanchez, Pastor Banda, He’s, ” Banda Organizations: Facebook, Tech, Capitol, NBC News, United Nations, NBC, U.S ., FBI’s National Gang Intelligence, Criminal Networks, Twitter, YouTube, Islamic, ISIS, , The, of State, White, Trump, Border Protection, Customs Locations: United States, Tijuana , Mexico, America, Mexican, , McAllen , Texas, Houston, Nicaragua, Agua, Sonora, Sinaloa, Sonora and Arizona, Mexico, Spanish, Los Angeles, Guatemala, El Salvador, Honduras, Brazil, U.S, Central America, Salvador, Texas, Honduran, Belize, Banda, California, Baja California, U.S.A
Women score historic wins in Mexico’s mid-term elections
  + stars: | 2021-06-08 | by ( Dave Graham | ) www.reuters.com + 0.00   time to read: +4 min
Norma Hernandez, candidate for mayor of Chilpancingo, Evelyn Salgado, candidate for governor in the state of Guerrero celebrate with supporters on mid-term election day, in Chilpancingo, Guerrero state, Mexico June 6, 2021. "And definitely a step forward for women in our country and in political life." Only eight women had previously won regional elections, including the current mayor of Mexico City, MORENA's Claudia Sheinbaum, who is regarded as one of the favorites to succeed Lopez Obrador as president. Now seven out of the 32 regional governments, including Mexico City, will be run by women simultaneously. "Because of the macho mentality," argued Gypsy Lara, a 29-year-old business owner in Mexico City who said she would be happy to back Sheinbaum for president.
Persons: Norma Hernandez, Evelyn Salgado, Edgard Garrido, Andres Manuel Lopez, MORENA, Gabriela Cuevas, Claudia Sheinbaum, Lopez Obrador, Griselda Alvarez, Margaret Thatcher, Francisco Abundis, Lopez, Guerrero, Felix Salgado, Salgado, Evelyn, Gypsy Lara, Sheinbaum Organizations: REUTERS, Regeneration, Inter, Parliamentary Union, Thomson Locations: Chilpancingo, Guerrero, Mexico, Mexican, Baja California, Chihuahua, Colima, Tlaxcala, Campeche, Mexico City
Rocío Pino is running in Mexico's upcoming election for the Progressive Social Networks party. OnlyFans model Rocío Pino is running in Mexico's upcoming election for the center-left Progressive Social Networks party. In a recent tweet, Pino wrote that Mexico needs deputies who "put the benefits to Mexicans ahead of any particular interest." Breast cancer is the most deadly form of cancer in women in Mexico, with an estimated 32,000 new cases per year. "For the smaller parties, it is a strategy to stay alive and keep their registry as a political party."
Persons: Rocío Pino, Pino, Allyson Benton, There's, , it's, Benton, Ale Menendez, Menendez, Lupita Jones, Cuauhtémoc Blanco Organizations: Progressive Social Networks, Social Networks, Cancer, La_Gr0sera, City University, Union, Regeneration, National Action Party, PAN, Institutional Revolutionary Party, PRI, Miss Locations: country's, Mexico, Mexican, Sonora, Oaxaca, London, United States, Senora, Baja California, Morelos, Latin America
Some candidates have taken extreme measures to get the attention — and votes — of Mexico's citizens. According to the graph above by Etellekt, 75% of the murdered politicians opposed the political party in power in their state. His party, the Partido Encuentro Social (PES), is a conservative organization that openly supports anti-abortion policies and opposes same-sex marriage. Her biggest competition in the state is PES candidate, gambling tycoon, and former Tijuana mayor Jorge Hank Rhon. Jose Luis Romero CalzadaJose Luis Romero Calzada is running for governor of Central Mexico state San Luis Potosí with a new political party, Progressive Social Media (RSP).
Persons: , Carlos Mayorga Lower, Carlos Mayorga, Mayorga, Lupita Jones María Guadalupe Jones Garay, Lupita Jones, GUILLERMO ARIAS, She's, Jorge Hank Rhon, Jose Luis Romero Calzada Jose Luis Romero Calzada, San Luis Potosí, he's, Samuel Garcia Samuel Garcia, Paquita, Viveros Barradas, she's, Omar Vega, Fernando Garza Garza, — Fernando Garza Martínez Organizations: Etellekt, Partido Encuentro Social, Miss, Former Miss, Getty, Institutional Revolutionary Party, Action Party, PAN, Democratic Revolutionary Party, Tijuana, Progressive Social Media, El Sol, Nuevo León, Citizen's Movement Party, Movimiento, Barrio, National Action Party Locations: Mexico, Chihuahua, Mexican, Baja California, Central Mexico, San Luis, Nuevo, del Barrio, Misantla, Veracruz, del, Guadalajara, Jalisco
Upended by the Pandemic, Haute Chefs Move Into Hotels
  + stars: | 2021-06-02 | by ( Sheila Marikar | ) www.nytimes.com + 0.90   time to read: +1 min
“They sold out within the first hour,” said Ben Kephart, the Ojai Valley Inn’s director of operations. It felt like the opposite of sitting on the couch, numbly chewing Postmates by the glow of Netflix. “We could have had a month of these dinners, straight,” said Mr. Kephart. “That’s how many people tried to book them.”Besides Mr. Kostow, the Farmhouse has played host to chefs such as Nancy Silverton, the grande dame of Italian food in Los Angeles. Across the country and south of the border this summer and fall, similar guest chef-resort collaborations are in the works:
Persons: , Kostow, Krug, Harlan, Ben Kephart, , Kostow’s, Kephart, Nancy Silverton, David Castro, World’s, Neal Fraser Organizations: Netflix Locations: Ojai, Napa Valley, Bordeaux, Los Angeles, Baja California
(CNN) The Atlantic hurricane season doesn't officially begin for another 12 days, but the early signs are it may end up being yet another very busy one. The National Oceanic and Atmospheric Administration (NOAA) issued it's seasonal Atlantic hurricane forecast Thursday afternoon. The Atlantic hurricane season runs from June 1 to November 30 and NOAA is just one of more than a dozen academic institutions , government agencies and private forecasting companies that put out seasonal projections. Another highly respected forecaster is Colorado State University, which was the first entity to issue a seasonal tropical forecast. So, for the moment, El Niño's calming effect on the Atlantic hurricane season does not seem likely for 2021.
Persons: doesn't, Taylor Ward, Phil Klotzbach, Klotzbach, El Niño, Niña, That's, LaNina, 5zlzaYJ1Lp, Storm Andres, Andres, Adrian, it's, Ana, Arthur, Ken Graham Organizations: CNN, Atlantic, Atmospheric Administration, NOAA, Colorado State University, CSU, El, Center, CPC, ENSO, Northern, Prediction, National Hurricane Center Locations: El, Bermuda, Ana, Pacific, Baja California
For deep-diving elephant seals, it takes lots of work to stay fat
  + stars: | 2021-05-13 | by ( Will Dunham | ) www.reuters.com + 0.00   time to read: +3 min
For elephant seals - one of the most distinctive of the 33 species that comprise the world's seal family - it is hard work to stay fat. Elephant seals get their name from the prominent noses of the males that resemble an elephant's trunk. There are two species - the northern elephant seal and the slightly larger southern elephant seal. Male northern elephant seals may reach 13 feet long (4 meters) and weigh up to 4,500 pounds (2,000 kg). The range of the northern elephant seal spans the Pacific coast of the United States, Canada and Mexico.
Persons: Taiki Adachi, Adachi Organizations: University of St, Thomson Locations: University of St Andrews, Scotland, Año Nuevo, California, United States, Canada, Mexico, Baja California
Lordstown Motors is one of a dozen electric vehicle start-ups that have wowed investors with big plans to revolutionize the auto industry. Then, in April, another prototype dropped out of a 280-mile off-road race in Baja California after just 40 miles. That frenzy has been driven by investors looking for the next Tesla, a pioneer in the industry that has a strong sales lead over other electric-car makers. But Lordstown seems far from achieving its goal of churning out electric pickup trucks starting in September and becoming a challenger to G.M. Shares of Nikola, which is developing heavy trucks, have fallen from around $65 to about $11, for example.
Persons: Neal E, Boudette, Matthew Goldstein, It’s, Nikola Organizations: Securities and Exchange Commission, The New York Times, Ford Motor, Nikola Locations: Michigan, Baja California, Lordstown
Ismael Zambada-Imperial, son of a top Sinaloa Cartel leader, pleaded guilty to drug-trafficking charges on April 30. On April 30, Ismael Zambada-Imperial, alias "Mayito Gordo," pleaded guilty to importing cocaine, marijuana and heroin from Mexico into the United States at a hearing in the Southern District of California. His lawyers fought to prevent his extradition to the United States but he was finally transferred to San Diego, California, in December 2019. Mexico's Attorney General's Office/HandoutThe criminal landscape facing the Sinaloa Cartel has changed drastically since 2014, when Zambada-Imperial was arrested in Culiacán. And while Zambada-Imperial was certainly once a power player in the Sinaloa Cartel, seven years is an age in criminal terms.
Persons: Ismael Zambada, Mayito Gordo, Ismael Zambada García, El, El Mayo's, Jesús Vicente Zambada Niebla, Joaquin Guzmán Loera, Zambada Ortiz, Guzmán, Imperial, El Chapo, Zambada García, Zambada, Ismael Zambada Sicairos, Mayito, Ovidio Guzmán Organizations: Sinaloa Cartel's, Southern District of, Department, Mexico's, General's, New, Generación –, Sinaloa Cartel Locations: Sinaloa, United States, Mexico, Southern District, Southern District of California, El Mayo, Culiacán, San Diego , California, National City, Chula Vista , California, Nogales , Arizona, Ciudad Juarez, Jalisco, Zacatecas, Sonora, Nayarit, Baja California, Chihuahua, Quintana Roo
Fisker and Lordstown Motors fell Thursday after Goldman Sachs cut its stock ratings for both companies. Goldman expects General Motors, Ford, Apple and others to escalate competition in the electric-vehicle industry. Shares of Fisker and Lordstown Motors dropped Thursday after Goldman Sachs downgraded the ratings of both electric-vehicle makers. Lordstown was cut to a neutral rating from buy, and while its target was cut to $10 from $21. "Established EV OEMs such as Tesla are also scaling quickly," said Goldman Sachs equity research analysts led by Mark Delaney.
Persons: Lordstown Motors, Goldman Sachs, Lordstown, Fisker, Goldman, Mark Delaney, it's Organizations: Lordstown, Goldman, General Motors, Ford, Apple, Lordstown Motors, Volkswagen, Baidu Locations: Baja California
The change was announced in memos from top CBP and ICE officials, The Washington Post reported. The term "alien" will be replaced with "noncitizen or migrant" and "illegal" with "undocumented," the Post said. President Joe Biden's administration has told US immigration agencies to stop using terms like "illegal alien" when referring to undocumented migrants, according to The Washington Post. That Biden wanted to eliminate terms like "illegal alien" has been common knowledge since the first days of his presidency. "We use the term 'illegal alien' because they're here illegally," Sen. Tom Cotton tweeted Monday.
Persons: Biden, Joe Biden's, Troy Miller, Joe Biden, Guillermo Arias, Tae Johnson, Sarah Al, Arshani, OLIVIER DOULIERY, Sen, Tom Cotton, Kevin McCarthy, Insider's John Haltiwanger Organizations: ICE, Washington Post, The Washington Post, Immigration, Customs Enforcement, Border Protection, Post, Department of Homeland Security, Getty, Administration, US, Biden, Republican Party Locations: Customs, El Chaparral, Tijuana, Baja California, Mexico, Wilmington , Delaware, AFP, United States
Baja California governor-elect Jaime Bonilla looks on during a news conference in Mexico City, Mexico, Mexico October 16, 2019. Predating U.S. tourist hotspot Las Vegas, the elegant Tijuana hotel and casino complex was founded in the 1920s and later became known as Club Campestre. Club members say the property is registered as belonging to "Club Campestre Tijuana." The expropriation plan was made public through the state government's official newspaper last week. Adolfo Solis, a lawyer for members of the club, warned that expropriation would set a dangerous precedent for attacks on property rights.
Persons: Jaime Bonilla, Luis Cortes, Morena, Amador Rodriguez, Al Capone, Rodriguez, Andres Manuel Lopez Obrador, Adolfo Solis, Solis Organizations: REUTERS, Tijuana Country Club, Hollywood, Club, Campestre Tijuana, Thomson Locations: California, Mexico City, Mexico, Baja California, Tijuana, Vegas, United States
Mexican senators vote to extend term of Supreme Court president
  + stars: | 2021-04-16 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
Mexico's Senate on Thursday voted to extend the term of the president of the Supreme Court for an extra two years, a move criticized by opposition lawmakers who called it a bid by the ruling party to strengthen its hold on the country's institutions. Arturo Zaldivar, who has been publicly supportive of President Andres Manuel Lopez Obrador, was appointed in January 2019 with a term slated to end on Dec. 31, 2022. If the modification to extend his term passes in the lower house of Congress, he would hold his position until Nov. 30, 2024. Both houses of Congress are controlled by the ruling party MORENA and its allies. Senator Damian Zepeda of the National Action Party (PAN) opposed the attempt to extend Zaldivar's term, and warned that it could open the door to further bids to lengthen term limits, including for the Mexican presidency.
Persons: Arturo Zaldivar, Andres Manuel Lopez Obrador, MORENA, Zaldivar, Damian Zepeda, Zepeda Organizations: Lawmakers, Federal Judiciary Board, Federal Judiciary, National Action Party, PAN, Twitter, Thomson Locations: Mexico's, Baja California, MORENA
4 gray whales found dead in San Francisco Bay Area in 9 days
  + stars: | 2021-04-10 | by ( ) www.nbcnews.com + 0.00   time to read: +3 min
SAN FRANCISCO — Four dead gray whales have washed ashore San Francisco Bay Area beaches in the last nine days, with experts saying Friday one was struck by a ship. “It’s alarming to respond to four dead gray whales in just over a week because it really puts into perspective the current challenges faced by this species,” says Dr. Pádraig Duignan, Director of Pathology at The Marine Mammal Center. The carcass of a 41-foot adult female gray whale landed at San Francisco’s Crissy Field on March 31. In 2019, at least 13 dead whales washed ashore in the Bay Area and scientists said they feared it was because the animals were starving and couldn’t complete their annual migration from Mexico to Alaska. Nearly one in four gray whales migrating along the U.S. West Coast has died since the last recorded population assessment in 2015 and 2016, according to NOAA.
Persons: , , Pádraig Duignan, couldn’t, haven't, Kristen Monsell, Monsell Organizations: FRANCISCO —, Mammal, Berkeley Marina, Bay Area, Biologists, National Oceanic, Atmospheric Administration, U.S . West, NOAA, Center, Locations: San Francisco Bay, San, Moss Beach, San Mateo County, Marin County's Muir Beach ., Baja California, California, Bay, Mexico, Alaska, Muir Beach, U.S, U.S . West Coast
2.2 million newly naturalized citizens could join the voter rolls by 2022. Millions more may follow if Congress passes an immigration law granting undocumented immigrants a pathway to US citizenship. Read more: Biden is giving Kamala Harris the thorniest issue to oversee as VP: immigrationAnd that's scaring the hell out of some conservatives. At one point in 2019, while Trump was still president, border apprehension levels surpassed 144,000. Doug Rand, co-founder of Boundless Immigration, a technology company that helps immigrants obtain immigration benefits, told Insider that there will be nearly 2.2 million naturalized citizens eligible to vote in the upcoming elections.
Persons: MAGA, Biden, Kamala Harris, Luis Alvarado, Donald Trump's, Republican Sen, Lindsey Graham of, Democratic Sen, Dick Durbin, who've, I've, Graham, Trump, Joe Biden, Guillermo Arias, pounced, Maria Elvira Salazar, Tom Williams, Maria Salazar, Salazar, Stephen Miller, Mario Tama, Doug Rand, Rand, it's, Donald Trump, Carlos Barria, Hillary Clinton's, Alvarado, Trump MAGA, Chip Somodevilla, Barry Moore, she'd, Harris, Moore, Texas Republican Sen, Ted Cruz, playbook, Alejandro Mayorkas Organizations: MAGA Republicans, Republican, Democratic, Illinois, Observers, Getty, Biden, Trump, Florida GOP, House, Republicans, Democrats, Pew Research, US, Immigration Services, Department of Homeland Security, Reuters, The Washington Post, GOP, Alabama Republican Rep, Twitter, , Texas Republican Locations: Lindsey Graham of South Carolina, El Chaparral, Tijuana, Baja California, Mexico, Florida, Maria Salazar of Florida, Miami, Santa Ana , California, USCIS, India, China, San Luis , Arizona
Freediver Stig Severinsen swims 662 feet underwater
  + stars: | 2021-01-10 | by ( Susannah Cullinane | ) edition.cnn.com sentiment -0.65   time to read: +1 min
(CNN) Danish freediver Stig Severinsen has broken the world distance record for swimming with fins on just one breath -- making it 202 meters (662 ft 8.7 in) underwater, Guinness World Records has confirmed. Guinness said Severinsen, 47, completed the swim on November 26 in La Paz, Baja California Sur, Mexico. The previous record of 177 meters was set in 2016 by Carlos Coste. Severinsen said he hoped his swim would remind people that Covid-19 was not a reason to stop looking after nature. He also set a 2012 record for the longest timed breath held voluntarily, holding his breath for 22 minutes.
Persons: Stig Severinsen, Guinness, Severinsen, Carlos Coste Organizations: CNN, World Records Locations: Danish, La Paz, Baja California Sur, Mexico
Women should decide whether to legalize abortion, Mexican president says
  + stars: | 2020-12-31 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
Slideshow ( 2 images )MEXICO CITY (Reuters) - Mexico’s president said on Thursday that women should decide whether the country should legalize abortion, but he declined to take a position on the issue, which is still opposed by many Mexicans. One day after the Argentine Senate voted to make abortion legal, Mexican President Andres Manuel Lopez Obrador was asked during a news conference whether he thought his country should follow suit. “It’s a decision for women,” Lopez Obrador said, adding that mechanisms existed to organize referendums. A nationwide poll published in September 2019 by newspaper El Financiero showed that a woman’s right to abortion only had majority support in Mexico City and Baja California state. All told, 63% of people were against the right to abortion, and 32% in favor, according to the survey of 15,000 adults.
Persons: Andres Manuel Lopez Obrador, , ” Lopez Obrador, “ It’s, El Organizations: MEXICO CITY, Argentine Locations: MEXICO, Mexican, Mexico City, Oaxaca, Baja California
Mexico records lowest number of murders in nearly three years
  + stars: | 2020-12-18 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: 1 min
MEXICO CITY (Reuters) - Mexico recorded the lowest number of murders in the month of November in nearly three years, Mexican officials announced on Friday, but 2020 could still narrowly surpass last year’s unprecedented number of murders nationwide. Acting Security Secretary Ricardo Mejia said November registered 2,670 murders, the lowest monthly figure since President Andres Manuel Lopez Obrador took office. The November figure is the lowest monthly total since February 2018, when 2,445 murders were recorded. Mejia said the murders last month were concentrated in six states: Guanajuato, Baja California, Chihuahua, Jalisco, Michoacan, and the state of Mexico. Despite the monthly drop, for the full year Mexico may yet narrowly surpass the 34,670 murders recorded in 2019.
Persons: Ricardo Mejia, Andres Manuel Lopez Obrador, Mejia Organizations: MEXICO CITY Locations: MEXICO, Mexico, Guanajuato, Baja California, Chihuahua, Jalisco, Michoacan
Four new cities are being added to JetBlue's route map in the expansion, with Miami being the most notable. There's also no shortage of tough competitors on JetBlue's Miami routes including American Airlines, United Airlines, and Delta Air Lines. Key West, FloridaKey West, Florida. San Francisco; Austin; Orlando, Florida; Tampa, Florida; Jacksonville, Florida; Newark; and Las Vegas will all see new non-stop flights from Raleigh. Competitors will still abound, however, as nearly all of the routes JetBlue is launching are also operated by another airline.
Persons: There's, Scott Laurence, JetBlue's, Laurence, John Panella, John F, Cabos, Laurence isn't, Walter Bibikow, Raleigh Organizations: JetBlue Airways, Central America, Visit, JetBlue, Miami International Airport, East, West, Overseas, Airbus, Miami, Getty, Boston, Fort Lauderdale, Hollywood International, American Airlines, United Airlines, Delta Air Lines, Miami -, Delicious, Southwest Airlines, Miami International, Key, Florida Key, Conch, Kennedy International Airport, New York's LaGuardia, Embraer, Alaska Airlines, Spirit Airlines, Eastern Airlines, Sun Country Airlines, Guatemala City, Raleigh, Vegas, United, Southwest, Delta, Kennedy International Locations: Miami, West , Florida, Guatemala City, Guatemala, Cabos, Mexico, Los Angeles, South Florida, Fort Lauderdale, West Coasts, Florida, Miami Miami , Florida, West Palm Beach, Fort Lauderdale ., New York, Newark, Angeles, JetBlue's Florida, JetBlue's, Miami - Los Angeles, Palm Beach, Chicago, Houston, Key West, Florida Key West , Florida, Boston, Conch Republic, New, Baja California Sur, United, Southwest, Delta, Cancun, Mexico Cancun, Las Vegas , Austin, Nashville, Sacramento, Austin, Guatemala Guatemala City, American, Costa Rica, Raleigh , North Carolina Raleigh , North Carolina, San Francisco, Orlando , Florida, Tampa , Florida, Jacksonville , Florida, Raleigh, Jacksonville, Orlando, Vegas, Seattle, Paris, London, Florida , Louisiana, North Carolina , Georgia , Tennessee, Virginia, South Carolina, Allegiant, Tampa, Bogota, Colombia Bogota, Colombia, Cartagena, Guayaquil, Ecuador, Georgetown, Guyana
Sempra to buy remaining stake in Mexican unit in $6.13 billion deal
  + stars: | 2020-12-02 | by ( Reuters Staff | ) www.reuters.com sentiment -0.96   time to read: +2 min
FILE PHOTO: Sempra Energy headquarters is pictured in downtown San Diego, California, U.S., May 17, 2018. REUTERS/Mike Blake/File Photo(Reuters) - Sempra Energy said on Wednesday it would buy the remaining stake in a Mexican unit in a deal valued at $6.13 billion as it eyes new investments in renewables and energy storage amid growing global demand for cleaner fuels. The deal comes shortly after the Mexican government unveiled a second package of 29 infrastructure investments worth some 228 billion pesos ($11.36 billion), aimed at lifting the nation’s ailing economy. The package included Costa Azul, a $2 billion LNG export plant being built by a Sempra unit in the country’s Baja California area. Sempra shares will trade on the Mexican stock exchange following the deal, and the company will combine IEnova with its North American liquefied natural gas export infrastructure unit Sempra LNG, it said.
Persons: Mike Blake, Costa Azul Organizations: Sempra Energy, REUTERS, SAB, Sempra Infrastructure Partners, American Locations: San Diego , California, U.S, Mexican, Costa, Baja California, Mexico
Sempra to buy out Mexican unit at $5.81 billion valuation
  + stars: | 2020-12-02 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
FILE PHOTO: Sempra Energy headquarters is pictured in downtown San Diego, California, U.S., May 17, 2018. REUTERS/Mike Blake/File Photo(This Dec. 2 story corrects IEnova’s valuation to $5.81 billion from $6.13 billion in headline and first paragraph. The deal comes shortly after the Mexican government unveiled a second package of 29 infrastructure investments worth some 228 billion pesos ($11.36 billion), aimed at lifting the nation’s ailing economy. The package included Costa Azul, a $2 billion LNG export plant being built by a Sempra unit in the country’s Baja California area. Sempra shares will trade on the Mexican stock exchange following the deal, and the company will combine IEnova with its North American liquefied natural gas export infrastructure unit Sempra LNG, it said.
Persons: Mike Blake, Sempra, Costa Azul Organizations: Sempra Energy, REUTERS, SAB, Sempra Infrastructure Partners, American Locations: San Diego , California, U.S, IEnova, Infraestructura, Costa, Baja California, Mexico
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