SoCalGas settles 2015 gas leak litigation, to take $1.1 bln charge

09/27/2021 | 04:30pm

Sept 27 (Reuters) - Gas utility SoCalGas, a unit of Sempra Energy, said on Monday it has reached agreements that are expected to resolve substantially all civil litigation against a 2015 natural gas storage facility leak.

As a result of the agreements, SoCalGas will record an after-tax charge of about $1.1 billion this month, the unit said. (Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)

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