CenterPoint Energy completes $2.62 billion sale of Ohio gas business
Filed with the SEC on · Summarized by InvestorsBot
CenterPoint Energy completed the sale of Vectren Energy Delivery of Ohio to National Fuel Gas Company on October 1, 2026, for $2.62 billion, consisting of $1.42 billion in cash and a $1.20 billion promissory note bearing 6.50% interest and maturing September 30, 2027. The business serves about 335,000 customers through approximately 5,900 miles of pipelines, and CenterPoint said the proceeds will support its $66.7 billion, 10-year capital plan.