SAN DIEGO, Oct. 7, 2002 (PRIMEZONE) -- Sempra Energy Solutions, the retail energy services marketing arm of Sempra Energy (NYSE:SRE), announced today that it has signed a four-year contract with Caterpillar Inc. (NYSE:CAT) to supply natural gas commodity to several Caterpillar manufacturing locations in Illinois and its logistics services operations.
Terms of the contract were not disclosed.
"Caterpillar is a world-class organization that effectively manages more than 200 locations throughout the world," said Bob Dickerman, president of Sempra Energy Solutions. "We offer customers like Caterpillar a high degree of security in relation to energy costs, which enables them to focus on the other demands of their business and become more efficient at the same time."
Sempra Energy Solutions -- a subsidiary of Sempra Energy Global Enterprises, the umbrella for Sempra Energy's growth businesses -- offers commercial and industrial businesses outsourcing services that help them drive efficiencies in the ever-changing energy environment. The company provides its customers an integrated mix of services such as facility management, supply and price-risk management, energy efficiency, energy-asset management, infrastructure ownership, and information and billing services.
Sempra Energy (NYSE:SRE), based in San Diego, is a Fortune 500 energy services holding company with 2001 revenues of $8 billion. The Sempra Energy companies' nearly 12,000 employees serve about 9 million customers in the United States, Europe, Canada, Mexico, South America and Asia.