M&A - CENTERPOINT ENERGY INC

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Form Type: 8-K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525069656

Filing Summary: On March 31, 2025, CenterPoint Energy Resources Corp., a wholly owned subsidiary of CenterPoint Energy, Inc., completed the sale of its Louisiana and Mississippi regulated natural gas local distribution company businesses for approximately $1.2 billion. The transaction, subject to adjustments for net working capital and regulatory considerations, was part of an Asset Purchase Agreement with Delta Utilities entities, signed on February 19, 2024. The completion of this transaction was publicly announced via a press release issued on April 1, 2025.

Document Link: View Document

Additional details:

Transaction Value: $1.2 billion


Effective Date: 2025-03-31


Seller: CenterPoint Energy Resources Corp.


Buyer: Delta Utilities No. LA, LLC and others


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