Company Update: Sempra Energy (NYSE:SRE) – Sempra U.S. Gas & Power Announces Acquisition of Michigan Wind Project

[PR Newswire] – SAN DIEGO, July 22, 2016 /PRNewswire/ — Sempra U.S. Gas & Power today announced it has acquired the Apple Blossom wind project in Michigan from Geronimo Energy, LLC, a utility-scale wind and solar energy developer. When the 100-megawatt (MW) Apple Blossom is completed, Sempra U.S. Gas & Power, along with its affiliates and joint-venture partners, will have wind facilities in eight states totaling more than 1,300 MW of generating capacity. Located in Huron County, Mich., the Apple Blossom wind farm will generate enough clean, renewable power for approximately 38,000 Michigan homes. Read more on this. , currently valued at $recting to http://finance.ya, finished at $. During the trading session, SRE traded between $ and has traded between $ over the past year. Priced at x this year’s forecasted earnings, SRE shares are relatively inexpensive compared to the industry’s x forward p/e ratio. Consensus earnings for the current quarter by the 0 sell-side analysts covering the stock is an estimate of $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 worse when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. Recently, d SRE from to (/fi). Previously, d SRE from to . Investors should keep in mind is that the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:SRE) Similar Articles: Market Update: Sempra Energy (NYSE:SRE) – INVESTOR NOTICE: Khang & Khang LLP Announces the Filing of a Securities Class Action Lawsuit against Sempra Energy and Encourages Investors with Losses to Contact the Firm Stock Update: Sempra Energy (NYSE:SRE) – IMPORTANT INVESTOR ALERT: Goldberg Law PC Announces An Ongoing Investigation of Claims Against Sempra Energy And Strongly Encourages With Losses In Excess of $300,000 To Contact The Firm Stock Update: Sempra Energy (NYSE:SRE) – Scott+Scott, Attorneys at Law, LLP Announces Investigation of Sempra Energy
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