Irby Construction Company has joined forces with SMT Energy and CenterPoint Energy to officially break ground on a Battery Energy Storage System (BESS.
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint Energy” announced today the applicable reference yield (the “Reference Yield”) for the Notes (as defined below) and the applicable total consideration (the “Total Consideration”) to be paid in connection with the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) fo...
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint Energy” announced today the early results of the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) for (i) up to $600,000,000 aggregate purchase price (excluding Accrued Interest (as defined below)) (the “CenterPoint Energy Notes Maximum Amount”) of its 5.25% Senio...
Over the last eight months, CenterPoint has installed 21,975 stronger, more storm-resilient poles; undergrounded 401 miles of power lines; added 4,472 automation devices; cleared 3,741 miles of high-risk vegetation; and installed 84 weather monitoring stations around the Greater Houston area 100% of strategic undergrounding goal completed ahead of schedule Company on pace to complete historic s...
Underground power lines installed ahead of schedule, with all Greater Houston Resiliency Initiative (GHRI) Phase Two resiliency actions on track to be completed by June 1 Historic suite of GHRI actions will improve system resiliency and reliability, resulting in the reduction of more than 125 million outage minutes annually HOUSTON , May 6, 2025 /PRNewswire/ -- As part of its commitment to buil...
Historic series of grid improvements and generator donations continue across the Greater Houston area to strengthen resiliency and reduce risk of outages during storms Joint emergency response exercise and community safety and preparedness events being held with emergency officials and local partners CenterPoint conducting outreach efforts across Greater Houston service area to help customers p...
Installation of first phase of 100 weather stations will enhance and improve storm mobilization, preparation and response to major weather events HOUSTON , April 28, 2025 /PRNewswire/ -- Today, CenterPoint Energy (NYSE: CNP) announced that, as part of the Greater Houston Resiliency Initiative (GHRI) and its actions to prepare for the 2025 hurricane season, the company has begun installing the f...
CenterPoint Energy has shown strong performance, with a 30% increase in shares over the past year, driven by growth in the Houston market and a large CapEx program. Q1 results were solid, despite a 4% earnings decline due to increased financing costs; long-term growth remains strong with favorable demographics and strategic capital spending. The company's capital program is focused on resilienc...
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