CenterPoint Energy announces appointment of Christopher Foster as Executive Vice President and Chief Financial Officer

HOUSTON, March 15, 2023 - CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Christopher Foster as Executive Vice President and Chief Financial Officer, effective May 5. Foster will oversee the company's Finance organization, including Accounting, Financial Planning and Analysis, Treasury, Tax, Internal Audit, and Investor Relations. He will report to CenterPoint Energy's Chief Executive Officer Dave Lesar and serve on the company's Executive Committee.

"Chris is an outstanding leader and one of the most well-respected CFOs in the utility sector. He has a proven track record in managing financial and operational areas, delivering results in a regulated business environment, driving a utility-focused strategy, and optimizing value for stakeholders," said Lesar. "Chris will be an exceptional addition to CenterPoint Energy's already strong leadership team."

Lesar added, "Chris' experience and talent will be invaluable to our company as we continue to execute our long-term growth strategy and build on our strong momentum from 2022, which included achieving industry-leading organic growth, reaching 11 consecutive quarters of meeting or exceeding expectations, and establishing our position as a premium-valued utility."

Foster joins CenterPoint Energy from PG&E Corporation where he held roles of increasing responsibility over the past 11 years. Most recently, he served as Executive Vice President and Chief Financial Officer overseeing PG&E's financial activities.

Foster's accomplishments included the execution of the company's financial plan to deliver top-decile earnings growth for investors, improved balance sheet health, and greater customer affordability. He also successfully completed more than $9.5 billion in securitizations, as well as cumulative transactions and financings of over $50 billion over three years. Prior to his EVP and CFO role, he held leadership positions in Integrated Grid Planning and Innovation, Investor Relations and Treasury. He began his professional career working as an advisor in the U.S. Congress and held several leadership roles over the course of 10 years.

"With a compelling strategy, a laser-focused plan to invest in the safety, reliability and resiliency of its electric and natural gas systems, a diversified, premium service territory, and substantial progress in advancing the transition to a cleaner energy future, I believe CenterPoint Energy has an incredibly bright future," said Foster. "I am honored to serve as CFO of this great company and look forward to building on our momentum as we strive to deliver a premium utility experience to our customers, shareholders, employees and communities."

Foster graduated with a bachelor's degree from Michigan State University with a focus on political theory and constitutional democracy. He is active in the community and serves on the Boards of Exploratorium, a San Francisco-based science and technology museum, and Xenophon, a nonprofit organization focused on therapeutic riding for disabled youth and veterans.

"I would like to thank Jason Wells for his continued leadership as our CFO following his promotion to CenterPoint Energy's President and COO in January," said Lesar. "While assuming responsibility for his critical new execution-focused role, Jason continues to be instrumental in providing financial leadership and direction."

Forward Looking Statement
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as the potential growth, including the timing and scale of such growth, of CenterPoint Energy, CenterPoint Energy's long-term capital plan and its ability to execute on its long-term capital plan, CenterPoint Energy's ability to execute on its generation transition plan and to implement cleaner energy, future financial performance of CenterPoint Energy, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; (8) continued disruptions to the global supply chain and increases in commodity prices; (9) legislative decisions, including tax and developments related to the environment such as global climate change, air emissions, carbon and waste water discharges; (10) CenterPoint Energy's ability to execute on its initiatives, targets and goals and operations and maintenance goals and (11) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

About CenterPoint Energy
As the only investor-owned electric and natural gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of December 31, 2022, the company owned approximately $38 billion in assets. With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information contact
Media:
Communications
Media.Relations@CenterPointEnergy.com
Investors:
Jackie Richert/Ben Vallejo
Phone    713.207.6500

SOURCE CenterPoint Energy, Inc.

2023-03-15T05:00:00Z
CenterPoint Energy encourages customers to set up billing and payment arrangements as winter heating season ends

​Evansville-March 15, 2023- CenterPoint Energy would like to remind customers Indiana's winter regulatory moratorium, which temporarily suspends disconnections of customers who meet low-income guidelines and have received federal and state utility heating assistance, expires today. Customers who have received a disconnect notice should contact the company at 1-800-227-1376 to make payment arrangements and avoid potential disconnection.

"Throughout the winter heating season, we have been communicating with customers who may be experiencing financial hardships on the options available to manage their accounts," said Ashley Babcock, Vice President, Indiana and Ohio Gas.  "We encourage customers experiencing financial challenges to contact us as soon as they receive a disconnection notice to make arrangements to avoid a disruption in service."

With the expiration of the moratorium, those customers currently under a disconnect order who have failed to make arrangements with the company will be subject to disconnection. Customers can choose from the following free billing and payment options, as well as energy efficiency programs:

  • Energy Assistance Program (EAP): State and federal utility assistance dollars are available for income-eligible customers. Those that fall within 60 percent of state median income should visit their local community action agency to sign up for the EAP. To apply for the EAP, customers should call 1-800-872-0371 to locate their nearest community action agency. Customers may also apply any time at the Indiana Housing and Community Development Authority website at www.EAP.ihcda.in.gov.
  • Universal Service Program (USP): All eligible natural gas heating customers who apply and qualify for EAP will automatically be enrolled in the USP, which provides additional gas bill reductions that range from 15 to 32 percent of the total bill received (not including EAP benefits) in the months of December through May. The USP, which has been in place since 2005 is the result of a collaborative effort by CenterPoint Energy, Citizens Energy Group, the Indiana Office of Utility Consumer Counselor, Citizens Action Coalition and a group representing industrial customers.
  • Due Date Extension and Payment Arrangement: These are two free offerings which are available to customers in need of a special payment plan on a temporary basis in order to keep service connected and manage energy costs.
  • Energy efficiency resources: CenterPoint Energy offers energy efficiency tips, appliance rebates and energy-saving tools to help customers lower their natural gas bills. All Indiana residential and small commercial natural gas customers are eligible. Visit www.centerpointenergy.com/smartsavings or call 1-866-240-8476 for a list of rebates, qualifying appliances and energy efficiency tips.
  • Budget Bill: Under this billing plan, a customer's estimated costs for a year of gas service are spread in equal monthly bill amounts for the year. This leveling of monthly bill amounts reduces the need to pay the full amount in the winter and spreads some of those higher bill charges into the non-heating months. Amounts are adjusted each summer for actual costs, and the customer's credit or amount due rolls into the next Budget Bill payment for the next 12-month period. Customers can enroll for free on www.centerpointenergy.com or by calling 1-800-227-1376.

 
Additional resources may be available through the township trustee offices and community partner organizations. 


2023-03-15T05:00:00Z
CenterPoint Energy encourages customers to evaluate billing and payment options as winter heating season ends

​Dayton – March 15, 2023 – As winter heating season comes to an end, CenterPoint Energy would like to remind customers who have received a disconnect notice that they should contact the company at 1-800-227-1376 to make payment arrangements and avoid potential disconnection.

"Throughout the winter heating season, we have been communicating with customers who may be experiencing financial hardships on the options available to manage their accounts," said Ashley Babcock, Vice President, Indiana and Ohio Gas.  "We encourage customers experiencing financial challenges to contact us as soon as they receive a disconnection notice to make arrangements to avoid a disruption in service."

Customers can choose from the following free billing and payment options, as well as energy efficiency programs:

  • Due Date Extension and Payment Arrangement: These are two free offerings that are available to customers in need of a special payment plan on a temporary basis in order to keep service connected and manage their energy costs.
  • Home Energy Assistance Program (HEAP): State and federal utility assistance dollars are available for income-eligible customers. Households must fall at or below 175 percent of federal poverty guidelines to apply. Visit www.development.ohio.gov or call 1-800-282-0880 to learn more.
  • HEAP Winter Crisis Program: The HEAP Winter Crisis Program provides assistance once per heating season to eligible households that are disconnected or are threatened with disconnection. Households must fall at or below 175 percent of federal poverty guidelines to apply. Visit www.development.ohio.gov or call 1-800-282-0880 to learn more.
  • Percentage of Income Payment Plan Plus (PIPP Plus): PIPP Plus calls for a qualified household to pay 5 percent of its monthly income for natural gas service throughout the year. To be eligible for the PIPP Plus program, a customer must receive his or her primary or secondary heat source from a company regulated by the Public Utilities Commission of Ohio, must have a total household income which is at or below 175 percent of the federal poverty level, and must apply for all energy assistance programs for which he or she is eligible.
  • Energy efficiency resources: CenterPoint Energy offers energy efficiency tips, appliance rebates and energy-saving tools to help customers lower their natural gas bills. All Ohio residential and small commercial natural gas customers are eligible. Visit www.centerpointenergy.com/smartsavings or call 1-800-227-1376 for a list of rebates, qualifying appliances and energy efficiency tips.
  • Budget Bill: Under this billing plan, a customer's estimated costs for a year of gas service are spread in equal monthly bill amounts for the year. This leveling of monthly bill amounts reduces the need to pay the full amount in the winter and spreads some of those higher bill charges into the non-heating months. Amounts are adjusted each summer for actual costs, and the customer's credit or amount due rolls into the next Budget Bill payment for the next 12-month period. Customers can enroll for free on www.centerpointenergy.com or by calling 1-800-227-1376.


2023-03-15T05:00:00Z
CenterPoint Energy Announces 2023 Annual Meeting of Shareholders

Meeting to be held Friday, April 21 at 9 a.m. CT

HOUSTON, March 10, 2023 - CenterPoint Energy, Inc. (NYSE: CNP) today announced that its 2023 Annual Meeting of Shareholders will be held on Friday, April 21, 2023, at 9 a.m. CT in the CenterPoint Energy Tower auditorium, 1111 Louisiana Street, Houston, Texas. Shareholders who hold shares of CenterPoint Energy common stock at the close of business on February 24, 2023, will receive notice of the meeting and will be eligible to vote.

As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of December 31, 2022, the company owned approximately $38 billion in assets. With approximately 9,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information contact
Media:
Media Relations
Media.Relations@centerpointenergy.com
Investors:
Jackie Richert
Phone 713.207.6500

SOURCE CenterPoint Energy, Inc.

2023-03-10T06:00:00Z
Energy Systems Group Names Steven Craig President

​Newburgh, Ind. (March 9, 2023) – Energy Systems Group (ESG), a subsidiary of CenterPoint Energy, announced that Steven Craig has been named President. In this capacity, Craig is responsible for leading all facets of ESG's business, with a focus on working across the organization to execute the company's customer-centric strategy in its various markets.

"Steve assumes the role of President at a time when our growth potential has never been more promising. As our industry and customers continue to embrace cleaner energy initiatives, resiliency, sustainability, and increased use of public and private funding, we have a unique opportunity to expand our business offerings and relationships," said Monica Karuturi, Executive Vice President and General Counsel, CenterPoint Energy. "Steve is a highly respected leader, with the vision, purpose and passion to move ESG forward. With his knowledge of our company, our markets and the industry, I have no doubt that he will excel in this key role."

Craig has more than 30 years of experience serving customers in the energy infrastructure and power generation sectors, including providing financial oversight and serving in functional leadership roles. He joined ESG in 2019 and most recently served as Vice President, Sales, Business Development and Marketing. In this capacity, Craig sets the strategic direction for the company's enterprise-level sales, business development and marketing efforts. He also provides overall leadership of the sales excellence, training, and development priorities.

In addition to serving as President, Craig will retain his current sales, business development and marketing duties.
"ESG has an exceptionally committed and talented team, and I am honored to lead our company into the future," said Craig. "Our customers are navigating complex and dynamic challenges, but they also have exciting opportunities to improve their efficiencies, energy resilience and environmental sustainability, as well as unlock new revenue streams. We will continue to be at their side, offering guidance and viable, proven solutions to help achieve the greatest value from their operations."

About Energy Systems Group, LLC

ENERGY SYSTEMS GROUP®, a wholly owned subsidiary of CenterPoint Energy, Inc., is a leading sustainable energy solutions provider that specializes in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. ESG also offers a full range of sustainable infrastructure solutions including waste-to-energy, distributed generation, and renewable energy. To learn more about ESG, visit www.energysystemsgroup.com.

Forward Looking Statement:

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as the potential growth, including the timing and scale of such growth, of ESG and CenterPoint Energy, the growth and demand for energy efficiency services and those services provided by ESG, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; (8) continued disruptions to the global supply chain and increases in commodity prices; (9) legislative decisions, including tax and developments related to the environment such as global climate change, air emissions, carbon and waste water discharges; (10) ESG's and CenterPoint Energy's ability to execute on its initiatives, targets and goals and operations and maintenance goals and (11) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.






2023-03-09T06:00:00Z
CenterPoint Energy continues damage assessment, ramps up repairs and restoration following severe storms

​Evansville – March 4, 2023 – CenterPoint Energy today issued the following update as restoration efforts continue in southwestern Indiana:

CenterPoint Energy crews made significant progress assessing damages overnight and restoring service to affected customers.

As of 12:00 p.m. CT, there are 159 outages affecting approximately 2,800 customers. This morning, an additional 32 electric and vegetation crews were deployed to assist with the restoration efforts. 

CenterPoint Energy's restoration efforts are expected to continue throughout the day. As crews encounter challenges with downed trees, damaged equipment, blocked streets, and flooding in some locations, restoration progress may be impacted. As a result, some customers may remain without service for the remainder of the weekend.

"Our dedicated crews worked hard overnight troubleshooting major outages and restoring as many customers as safely and quickly as possible," said Richard Leger, Senior Vice President, Indiana Electric. "We greatly appreciate our customers' continued patience as we work around-the-clock to restore service. We will not rest until the lights are back on for every customer who can take electric service."

 

Leger added, "The heavy rain we received yesterday has made the soil very soft, resulting in some trees not being well rooted. I want to remind customers that even though the weather has improved they should be cautious around large trees and to stay clear of any areas with standing water."

Priority of restoration is given to facilities vital to safety, health and welfare, such as hospitals, water treatment plants and public service facilities. Following key facilities, the company follows its priority restoration process by making repairs to electrical facilities that will return power to the largest number of customers first, then continue the restoration process by prioritizing repairs to benefit the greatest number of customers until power is returned to everyone. 

CenterPoint Energy noted that the extreme weather may have caused damage to customer-owned equipment, such as the customer's service entrances, risers and/or weatherhead, the point where power enters the home through an electric service drop, which is often a pipe located on the side of the residence or building. Since this equipment is owned and maintained by the customer, if it is damaged, customers will need to contact a qualified electrician to make repairs before the company is able to restore service to them. Once repairs are made, the customer or the electrician should request a permit from the city and contact CenterPoint Energy's Customer Service at 800-227-1376 to request a service reconnect.

If customers do not have damage to their service entrances, risers or weatherhead, and their power has not been restored, they should check and reset the circuit breakers. If service is still not restored, customers should contact CenterPoint Energy's Customer Service at 800-227-1376 to report that their service is still off.

CenterPoint Energy reminds all customers to: 

  • Stay away from downed power lines. Be especially mindful of downed lines that could be hidden and treat all downed lines as if they are energized.    
  • Be cautious around work crews and give them distance to assess damages and make repairs. 
  • If your power is out, do not open freezers and refrigerators any more than absolutely necessary. Opening these appliances will allow food to thaw more quickly. 
  • Consider checking with others who may benefit from your assistance. 
  • Report any downed lines or damage to 800-227-1376.  

For latest information on power outages: 


2023-03-04T06:00:00Z
CenterPoint Energy assessing damage following severe storms

Evansville – March 3, 2023 – In response to the severe weather's impact on its electric system in  southwestern Indiana, CenterPoint Energy has issued the following update: 

Friday afternoon's storms caused widespread damage to CenterPoint Energy's system, with outages peaking at around 20,000 customers.  

As of 7:30 p.m., there were 12,000 electric customers without power. The number of outages will likely fluctuate as high winds remain a threat until 9 p.m. this evening.  

CenterPoint Energy crews are working to assess damaged equipment and downed power lines and troubleshoot outages. However, restoration efforts could be impacted due to the extent of damage to trees and equipment.  

"We are working to restore service to our customers as safely and quickly as possible; however, due to continued high winds, additional outages are expected throughout the evening. Damage assessments and repairs will continue throughout the night," said Richard Leger, Senior Vice President, Indiana Electric. 

Leger added, "Additional crews will arrive in the morning to assist in restoration efforts. Due to the extent of damage to trees and equipment, many customers could remain without power through the weekend. We appreciate our customers' patience as our crews work to make repairs." 

Priority of restoration is given to facilities vital to safety, health, and welfare, such as hospitals, water treatment plants and public service facilities. After key facilities, the company follows its priority restoration process by making repairs to electrical facilities that will return power to the largest number of customers first, then continue the restoration process by prioritizing repairs to benefit the greatest number of customers until power is returned to everyone. 

CenterPoint Energy reminds all customers: 

  • Stay away from downed power lines. Be especially mindful of downed lines that could be hidden and treat all downed lines as if they are energized.    
  • Be cautious around work crews and give them distance to assess damages and make repairs. 
  • If your power is out, do not open freezers and refrigerators any more than absolutely necessary. Opening these appliances will allow food to thaw more quickly. 
  • Consider checking with others who may benefit from your assistance. 
  • Report any downed lines or damage to 800-227-1376.  
     
    For latest information on power outages: 


2023-03-03T06:00:00Z
CenterPoint Energy asks Minnesotans to use care when clearing snow or ice near natural gas meters

​Minneapolis – Feb. 22, 2023 – As Minnesotans contend with the heavy snowfall, CenterPoint Energy is asking its residential and business customers to use extra care when clearing snow and ice near natural gas meters to prevent damage that may cause a leak or service interruption.

Customers should also make sure any outside vents and air intakes for their gas appliances are not blocked by snow or ice. A blockage can allow dangerous levels of carbon monoxide to accumulate indoors. Pay particular attention to side-wall vents and air intakes for furnaces, water heaters and clothes dryers that could be partially or fully blocked by drifting snow.

CenterPoint Energy offers these important tips to protect the natural gas meter serving your residence or business in the winter weather and to maintain safe, reliable service:

  • Don't pile snow on or near the natural gas meter. Keep a clear path to the meter to allow access in an emergency.
  • Note the location of the meter. If the natural gas meter is near a sidewalk or driveway, make sure whoever removes snow from your property is aware of its location. Consider marking the location with a safety flag or pole.
  • Use care when clearing snow on and around the meter. Carefully shovel around the meter and move snow away from it. Use a broom or brush to gently clear snow or ice from the top of the meter and piping.
  • Never kick or hit the gas meter or its piping with a shovel, hammer or any hard object to break away built-up snow or ice.
  • Remove large icicles hanging over a meter, pipe or appliance vents to prevent damage.
  • If you suspect a natural gas leak, or the meter has been damaged, leave the area immediately on foot and tell others to do the same. When safely away, report it by calling 911 and CenterPoint Energy's emergency hotline at 800-296-9815.

     CenterPoint Energy is Minnesota's largest natural gas utility, serving 900,000 business and residential customers in more than 260 communities.
2023-02-22T06:00:00Z
CenterPoint Energy announces energy infrastructure improvements in the Texas Medical Center area

​Houston – Feb. 16, 2023 – As part of the company's 10-year capital investment plan, CenterPoint Energy today announced its continued commitment to invest in and harden electric infrastructure in the Texas Medical Center (TMC) area. 

Totaling approximately $200 million, CenterPoint Energy's investments will further strengthen the safety, reliability and resiliency of its electric system and help reduce the impact of severe weather events on customers. The investments will consist of a new substation, several system-hardening projects benefiting the area, and reinforced transmission and distribution lines and electric equipment. These projects are expected to be completed by 2025.  

"CenterPoint Energy's top priority is to provide safe and reliable service to customers across our service territory," said Lynnae Wilson, CenterPoint Energy's Senior Vice President, Electric Business. "At the same time, we always strive to support economic growth for our region, while seeking to keep customer charges affordable." 

Wilson added, "The Texas Medical Center is a cornerstone of our great city, as it is the largest medical complex in the world. As the TMC and surrounding areas continue to expand, we are committed to supporting the millions of patients who visit these important facilities, along with frontline medical professionals reporting to work every day, to have reliable and resilient electric service." 

TMC, the world's largest medical complex, is on a mission to further accelerate and grow in innovation, research, development, production and patient care. The TMC Innovation Factory is set to expand with the opening of the TMC Innovation Factory Labs in the first quarter of 2023. When completed, TMC Helix Park, TMC's 37-acre life science campus, will include more than 6 million square feet of developed space.  

"Strategically located substations and hardening projects are crucial parts of our investment plan to continue to satisfy load growth, accommodate new generation, and maintain reliability requirements. We believe we have developed an economically and environmentally sound approach to achieve these important commitments to our communities," said Wilson. 

Forward Looking Statement 

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as the timing, amount and allocation of planned investments by CenterPoint Energy, the anticipated benefits from such investments, including any reduction in or other impact to customer bills, and the timing of project completion, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of disruption to the global supply chain; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2022, June 30, 2022 and September 30, 2022 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.  

About CenterPoint Energy 

As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of September 30, 2022, the company owned approximately $35 billion in assets. With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com. 

### 

2023-02-16T06:00:00Z
CenterPoint Energy crews depart for Austin to support power restoration efforts following winter storm

​Houston – Feb. 2, 2023 – This morning, CenterPoint Energy deployed nearly 70 employees and support personnel from Houston to assist Austin Energy and Oncor with power restoration efforts due to the winter storm's extensive damage, resulting from freezing rain and fallen trees.  

As hundreds of thousands of businesses and households across Central and East Texas remain without power, CenterPoint Energy has also provided more than 250 contractors and support personnel in the last few days to aid impacted utilities and their customers.  

"Our thoughts are with those impacted by the winter storm. We are ready to lend a helping hand to our neighbor utilities and are fully committed to restoring power to affected customers as safely and quickly as possible," said Lynnae Wilson, CenterPoint Energy's Senior Vice President, Electric Business. "Our linemen are skilled to perform in any type of conditions, just like they do for our customers at home."  

CenterPoint Energy crews will begin working 16-hour shifts after the safety and onboarding process is complete and will continue to take the necessary steps to protect the safety and well-being of customers, employees, contractors and communities.  

CenterPoint Energy is part of electric utility mutual assistance programs that provide access to thousands of lineworkers and vegetation crews from around the country to lend a hand during widespread power outage emergencies. Coming to the aid of other utilities is nothing new to CenterPoint Energy employees. Over the years, crews have responded and restored power to hundreds of thousands of customers throughout the country who have been left in the dark following hurricanes, ice storms, tornadoes and severe thunderstorms. 

For updates, follow CenterPoint Energy on Twitter: @CNPAlerts and Facebook: Facebook.com/CenterPointEnergy. 


2023-02-02T06:00:00Z
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