COVID Stimulus Watch Individual Entry

Recipient Company:

Sempra Energy

Loan or Loan Guarantee Amount:

$2,198,015

Recipient Details

Ownership Structure: publicly traded (ticker symbol SRE)

Award Date: Aug 10, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: Sempra Energy

Headquartered in: California

Parent Sector: utilities and power generation

Parent Industry: utilities

Employees (prior to pandemic): 25,852

Employment-related Penalties: $50,000

Good Jobs First has no data in this category

Environmental / Healthcare / Safety Penalties: $180,938,952

Consumer Protection / Financial / Competition-related Penalties: $11,361,400

Ratio of CEO Pay to that of Median Worker: 136 to 1

CEO Compensation: $19,806,346

Worker Median Pay: $145,951

Total Federal, State, and Local Subsidies: $3,349,213,528

Federal Corporate Income Tax Rate: 0.9%