Brandon Hernández 9 a.m., March 17
- Community Blog
- Encanto Gas Holder
Local Tie to Dubai Debt Problems?
The Dubai request to delay interest payments on billions in debt servicing may be cause for investors to look for ties to current holdings.
Among the major financial firms with a hand in Dubai World's debt is Royal Bank of Scotland (see http://www.stamfordadvocate.com/ci_13880454).
RBS is a partner with Sempra Energy in the development of natural gas infrastructure projects while also managing a global logistical reach over a diverse basket of commodities (see http://www.rbssempra.com/). Sempra Energy is the corporate owner of San Diego utility franchise holder SDG&E.