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Sempra secures credit facility; raises earnings guidance

    • Paul Lyon
The company has also raised its earnings guidance for 2004 to $2.90 to $3.10per share from its previous range of $2.70 to $2.90 per share. Sempra also provided earnings guidance of $3.00 to $3.20 per share for 2005 and anearnings target for 2008 of $3.50 to $4.00 per share.

Additionally, Sempra said that its joint acquisition with Carlyle/Riverstone of the Coleto Creek Power Station and nine other Texas power plants from American Electric Power is expected to be completed by the end of

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