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In December 2011, the non-partisan organization Public Campaign criticized CenterPoint Energy for spending $2.65 million on lobbying and not paying any taxes during 2008–2010, instead getting $284 million in tax rebates, despite making a profit of $1.9 billion, and having an executive pay between $12 and $13 million for its top 5 executives. [20]
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It is the leading subsidiary of OGE Energy Corp. (NYSE: OGE), with headquarters in downtown Oklahoma City. OGE Energy is also the former parent of Enogex Inc., a natural gas pipeline business which merged with CenterPoint Energy's midstream business to form Enable Midstream in 2013, [4] in 2021 OGE and CenterPoint sold their general partnership ...
Texas - AEP Texas, Austin Energy, CPS Energy, dPi Energy, Electric Database Publishing, Entergy, Garland Power and Light, Lower Colorado River Authority, Reliant Energy, CenterPoint Energy, Texas Electric Service Company, TXU Energy, Utah - Intermountain Power Agency, PacifiCorp (Rocky Mountain Power)
In 2003 HL&P was split into Reliant Energy, Texas Genco, and CenterPoint Energy. [11] The CenterPoint Energy Plaza, previously the Houston Industries Building, once served as the company headquarters. CenterPoint Energy was created when Reliant Energy merged with an indirect subsidiary of CenterPoint Energy, Inc. As a result of the merger ...
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In 2019, CenterPoint Energy merged with Vectren. In February 2020, CenterPoint announced it was selling Miller Pipeline and Minnesota Limited to Atlanta-based PowerTeam Services. [ 3 ] CenterPoint Energy sold Miller Pipeline and Minnesota Limited (collectively, "MVerge") to PowerTeam Services for $850 million in cash, subject to customary ...