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CenterPoint Energy, Inc. is an American utility company based in Houston, Texas, that provides electric and natural gas utility to customers in several markets in the American states of Indiana, Ohio, Louisiana, Minnesota, Mississippi, and Texas.
Vectren Corporation was a Fortune 1000 energy holding company headquartered in Evansville, Indiana.Through its utility subsidiaries (Vectren North, Vectren South, and Vectren Energy Delivery of Ohio), the company distributed natural gas to approximately one million business and residential customers in Indiana and Ohio.
As of Monday night, CenterPoint said it had restored power to 2.1 million customers since Beryl hit, according to its website. The company expects to have electricity back by Friday for all people ...
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, Reliant Energy shareholders received one share of CenterPoint common stock in exchange for ...
CenterPoint Energy sold Miller Pipeline and Minnesota Limited (collectively, "MVerge") to PowerTeam Services for $850 million in cash, subject to customary purchase price adjustments. Net proceeds of the sale were used to repay a portion of outstanding CenterPoint Energy debt. In 2019, PowerTeam Services rebranded to Artera Services.
CenterPoint Energy's returns on invested capital have declined over the past five years, and are now almost 2 percentage points lower than they were five years ago. DTE and Public Service ...