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A brief history of CenterPoint Energy


  • Arkla, Inc. acquires Entex in the largest acquisition in company history.


  • NRC licensing board issued preliminary decision favorable to granting STP operating license on March 14.
  • Houston Industries stock listed on the London Exchange, June 4.


  • City of Austin filed suit in Travis County State District Court on January 7 seeking release from the STP Participation Agreement.
  • Dome-topping ceremony marked completion of construction on STP No. 1 reactor containment building on September 7.


  • Diversified Energies, Inc. holding company was formed with Minnegasco, Inc. as its subsidiary.
  • Ebasco Services, Inc., named on February 15 as contractor to complete STP.
  • Don D. Jordan was elected chairman and CEO, and Don Sykora was elected president and COO of HL&P and Houston Industries on May 12.


  • Arkansas Louisiana Gas Company shareholders voted to change the company name to Arkla, Inc.
  • Bechtel Power Corp. was announced on September 24 as the design engineer for STP, replacing Brown & Root.
  • Austin voters authorized City Council on November 3 to sell the city's 16 percent interest in STP.
  • Minnesota Gas Co. began creating its Home Service Plus® retail business to continue appliance repair service when it could no longer do so as a regulated natural gas company.