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USD ($)

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RECENT INVESTMENT ACTIVITY&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:21pt; margin-bottom:6pt'&gt;&lt;font style="font-family:Arial;font-size:10pt;font-weight:bold;margin-left:0px;"&gt;SEMPRA PIPELINES &amp;amp; STORAGE&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 the three months ended March 31, 2010, Sempra Pipelines &amp;amp; Storage contributed $65 million to Rockies Express, a joint venture to own and operate the Rockies Express Pipeline. The contribution was the last required for the construction phase of the project.&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;On April 30, 2010, Sempra Pipelines &amp;amp; Storage completed the acquisition of the Mexican pipeline and natural gas infrastructure assets of El Paso Corporation for $307 million ($292 million, net of cash acquired).&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;Proforma impacts on 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;additional&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; revenues and earnings of $&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;2&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; million and $&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;6&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt; 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 t&lt;/font&gt;&lt;font style="font-family:Times New Roman;font-size:10pt;"&gt;hree 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 provide information about Sempra Pipelines &amp;amp; Storage's recent investment activity in Chile and Peru in Note 12.&lt;/font&gt;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&amp;#160;&lt;/p&gt;&lt;p style='margin-top:0pt; margin-bottom:6pt'&gt;&amp;#160;&lt;/p&gt;</NonNumbericText><NonNumericTextHeader>NOTE 3. 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