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BRIEF-Sempra says market information indicates fair value of TDM plant may be less than carrying value
September 30, 2016 / 10:21 AM / 10 months ago

BRIEF-Sempra says market information indicates fair value of TDM plant may be less than carrying value

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Sept 30 (Reuters) - Sempra Energy

* Obtained market information indicating fair value of TDM plant in Mexicali, Baja California, Mexico may be less than carrying value

* Management will record a noncash, after-tax impairment charge ranging from $50 million to $90 million in Q3 of 2016

* After performing an analysis of recent information, concluded on September 29, 2016 that carrying value of TDM should be reduced Source text for Eikon: Further company coverage:

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