Exclusive: Sempra nears $3 billion Chile sale to China's State Grid - sources
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(Reuters) - U.S. power company Sempra Energy is near an agreement to sell its Chilean business to State Grid Corporation of China for close to $3 billion (2.4 billion pounds), the latest deal in its bid to shed non-core assets, people familiar with the matter said on Friday.Sempra has been seeking to bolster its finances and increase its appeal to investors after a wave of wildfires in California exposed it and other utilities to more legal liabilities. It also came under pressure from hedge..