Sempra to Sell Wind and Solar Assets

Announcement comes as activists investors push for a review of the entire business

Sempra Energy said it plans to sell its wind and solar assets in the U.S., along with some natural-gas assets, as it works to fend off activists investors pushing for six board seats and a review of the entire business.

Thursday’s announcement comes less than a month after activist investor Elliott Management Corp. and Bluescape Resources Co. said they owned a combined 4.9% stake in the energy company.

Elliott...