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SUBSEQUENT EVENT&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"&gt;In January 2011, Sempra Pipelines &amp;amp; Storage agreed to acquire from AEI its interests in Chilquinta Energ&amp;#237;a&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; S.A. (Chilquinta Energ&amp;#237;a)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; in Chile and Luz del Sur&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; S.A. (Luz del Sur)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; in Peru. At March 31, 2011, Sempra Pipelines &amp;amp; Storage and AEI each own&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;ed&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; 50 percent of Chilquinta Energ&amp;#237;a and approximately 38 percent of Luz del Sur.&amp;#160;We completed the transaction on April 6, 2011, and Sempra Pipelines &amp;amp; Storage now owns 100 percent of Chilquinta Energ&amp;#237;a and approximately 76 percent of Luz del Sur, with the remaining shares of Luz del Sur held by institutional investors and the general public. The purchase price was $875 million&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; (plus working capital adjustments of $1&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;3&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; million)&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;, which resulted from valuing the assets in Chile at $490 million and the assets in Peru at $385 million. As part of our acquisition of AEI's interest in Luz del Sur, we are required to launch a tender offer to the minority shareholders of Luz del Sur to purchase their shares at a price as determined by an independent appraiser.&amp;#160; As part of the transaction, Sempra Pipelines &amp;amp; Storage also acquired AEI's interests in two energy-services companies, Tecnored S.A. and Tecsur S.A. We provide additional information about Sempra Pipelines &amp;amp; Storage's investments in Chilquinta Energ&amp;#237;a and Luz Del Sur in Note 4 of the Notes to Consolidated Financial Statements in the Annual Report.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"&gt;Due to the limited time since the date of the acquisition, the initial accounting for this business combination is incomplete as of the date of this filing, including updated appraisal information for &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;the acquisition&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;. As such, it is impracticable for us to make certain business combination disclosures at this time, &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;including:&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:3pt'&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style="margin-left:9.35px;list-style:square;"&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;the acquisition date fair value of the equity interest &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;we held prior to the acquisition &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;and any estimation of any gain or loss associated with the remeasurement of th&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;ese&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; equity interest&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;s;&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; and&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='margin-top:0pt; margin-bottom:9pt'&gt;&lt;/p&gt;&lt;ul&gt;&lt;li style="margin-left:9.35px;list-style:square;"&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;amounts to be recognized at the acquisition date for the major classes of assets acquired and liabilities assumed, including pre-acquisition contingencies, goodwill and other intangibles.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"&gt;We will provide this information in our second quarter 2011 Form 10-Q.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"&gt;Excluding the impact of purchase accounting &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;to be determined&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;the incremental revenues and earnings for Sempra Energy had the acquisition occurred on January 1, 2010 were&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; $343 million and $23 million, respectively&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; for the three months ended March 31, 2011, and $277 million and $19 million, respectively&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; for the thre&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;e months ended March 31, 2010.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;"&gt;We expect the acquisition to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;be accretive to &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;our &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;EPS &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;in 2011 and beyond&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;,&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; based on historically strong operating performance of the companies &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;within &lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;sound regulatory environments an&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;d stable and growing countries.&lt;/font&gt;&lt;/p&gt;</NonNumbericText><NonNumericTextHeader>NOTE 12. SUBSEQUENT EVENTIn January 2011, Sempra Pipelines &amp;amp; Storage agreed to acquire from AEI its interests in Chilquinta Energ&amp;#237;a S.A. (Chilquinta</NonNumericTextHeader><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat><hasSegments>false</hasSegments><hasScenarios>false</hasScenarios></Cell></Cells><OriginalInstanceReportColumns /><Unit>Other</Unit><ElementDataType>us-types:textBlockItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>Describes disclosed significant events or transactions that occurred after the balance sheet date, but before the issuance of the financial statements. 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 -Name Statement of Financial Accounting Standard (FAS)
 -Number 5
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