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Posted on: Sept. 20, 2018, 8:31 p.m.
Consolidated Edison Inc. said late Thursday that one of its subsidiaries has agreed to buy a Sempra Energy subsidiary for $1.5 billion. The Sempra Energy unit owns renewable electric-production projects, including projects jointly owned Con Edison units and development rights for additional solar and energy-storage projects. The deal is expected to close at the end of the year, Con Edison said. Con Edison expects to fund the deal using a combination of $715 million of equity and $825 million of ... Full investment news articleRelevent to this post: University of Nebraska Foundation,