CenterPoint Energy and Vectren merger receives final order from the Indiana Utility Regulatory Commission
Pending merger on target to close in the first quarter of 2019
2019-06-14T05:00:00Z

HOUSTON and EVANSVILLE, Ind., Jan. 16, 2019 - CenterPoint Energy, Inc. (NYSE: CNP) and Vectren Corporation (NYSE: VVC) today announced that they have received a final order from the Indiana Utility Regulatory Commission (IURC). The order concludes the IURC's proceeding on the pending merger. Subject to the satisfaction or waiver of the remaining order with the Public Utilities Commission of Ohio (PUCO), the merger is expected to close in the first quarter of 2019.

"We appreciate the Indiana Utility Regulatory Commission's thorough review of our pending merger," said CenterPoint Energy President and Chief Executive Officer Scott M. Prochazka. "The final order marks a key milestone in creating a combined company that will be well positioned to meet our customers' energy delivery needs through a combination of traditional and innovative solutions."

Under a merger agreement announced in April 2018, the combined company, which will be named CenterPoint Energy and headquartered in Houston, is expected to have regulated electric and natural gas utility businesses in eight states that serve more than 7 million metered customers and a competitive energy businesses footprint in nearly 40 states. The combined company will also have approximately 14,000 employees with assets totaling approximately $29 billion and an enterprise value of $27 billion.

The IURC's final order satisfies one of the two remaining conditions for the closing of the transaction. The pending merger has already received Vectren shareholder approval and approvals from the Federal Energy Regulatory Commission and Federal Communications Commission. It has also cleared the Hart-Scott-Rodino waiting period. The remaining condition is the issuance of an order by the PUCO in response to the companies' joint informational filing with respect to the merger.

About CenterPoint Energy
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. The company also owns 54.0 percent of the common units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp. Enable Midstream Partners owns, operates and develops natural gas and crude oil infrastructure assets. With more than 8,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, go to www.CenterPointEnergy.com.

About Vectren Corporation

Vectren Corporation is an energy holding company headquartered in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas and/or electricity to more than 1 million customers in adjoining service territories that cover nearly two-thirds of Indiana and about 20 percent of Ohio, primarily in the west central area. Vectren's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the U.S. These include infrastructure services and energy services. To learn more about Vectren, visit www.vectren.com.

Forward-Looking Statement

The statements in this press release contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included in this press release are forward-looking statements made in good faith by us and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995.  When used in this press 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.  Forward-looking statements include, but are not limited to, statements relating to: (1) CenterPoint Energy's proposed acquisition of Vectren, (2) regulatory approval, (3) the completion of the proposed transactions, (4) benefits of the proposed transactions, (5) the expected timing of completion of the transactions and (6) anticipated future financial information.  

Risks Related to the Merger

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 occurrence of any event, change or other circumstances that could give rise to the termination of the proposed transactions or could otherwise cause the failure of the proposed transactions to close, (2) the risk that a condition to the closing of the proposed transactions or the committed financing may not be satisfied, (3) the outcome of any legal proceedings, regulatory proceedings or enforcement matters that may be instituted relating to the proposed transactions, (4) the receipt of an unsolicited offer from another party to acquire assets or capital stock of Vectren that could interfere with the proposed transactions, (5) the timing to consummate the proposed transactions, (6) the costs incurred to consummate the proposed transactions, (7) the possibility that the expected cost savings, synergies or other value creation from the proposed transactions will not be realized, or will not be realized within the expected time period, (8) the risk that the companies may not realize fair values from properties that may be required to be sold in connection with the merger, (9) the credit ratings of the companies following the proposed transactions, (10) disruption from the proposed transactions making it more difficult to maintain relationships with customers, employees, regulators or suppliers and (11) the diversion of management time and attention on the proposed transactions.

Risks Related to CenterPoint Energy

Important factors related to CenterPoint Energy, its affiliates, and its and their operations 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 performance of Enable Midstream Partners, LP (Enable), the amount of cash distributions CenterPoint Energy receives from Enable, Enable's ability to redeem the Series A Preferred Units in certain circumstances and the value of CenterPoint Energy's interest in Enable, and factors that may have a material impact on such performance, cash distributions and value, including factors such as: (A) competitive conditions in the midstream industry, and actions taken by Enable's customers and competitors, including the extent and timing of the entry of additional competition in the markets served by Enable; (B) the timing and extent of changes in the supply of natural gas and associated commodity prices, particularly prices of natural gas and natural gas liquids (NGLs), the competitive effects of the available pipeline capacity in the regions served by Enable, and the effects of geographic and seasonal commodity price differentials, including the effects of these circumstances on re-contracting available capacity on Enable's interstate pipelines; (C) the demand for crude oil, natural gas, NGLs and transportation and storage services; (D) environmental and other governmental regulations, including the availability of drilling permits and the regulation of hydraulic fracturing; (E) recording of non-cash goodwill, long-lived asset or other than temporary impairment charges by or related to Enable; (F) changes in tax status; (G) access to debt and equity capital; and (H) the availability and prices of raw materials and services for current and future construction projects; (2) industrial, commercial and residential growth in CenterPoint Energy's service territories and changes in market demand, including the effects of energy efficiency measures and demographic patterns; (3) timely and appropriate rate actions that allow recovery of costs and a reasonable return on investment; (4) future economic conditions in regional and national markets and their effect on sales, prices and costs; (5) weather variations and other natural phenomena, including the impact of severe weather events on operations and capital; (6) state and federal legislative and regulatory actions or developments affecting various aspects of CenterPoint Energy's and Enable's businesses, including, among others, energy deregulation or re-regulation, pipeline integrity and safety and changes in regulation and legislation pertaining to trade, health care, finance and actions regarding the rates charged by our regulated businesses; (7) tax reform and legislation, including the effects of the comprehensive tax reform legislation informally referred to as the TCJA and uncertainties involving state commissions' and local municipalities' regulatory requirements and determinations regarding the treatment of excess deferred taxes and CenterPoint Energy's rates; (8) CenterPoint Energy's ability to mitigate weather impacts through normalization or rate mechanisms, and the effectiveness of such mechanisms; (9) the timing and extent of changes in commodity prices, particularly natural gas, and the effects of geographic and seasonal commodity price differentials; (10) problems with regulatory approval, construction, implementation of necessary technology or other issues with respect to major capital projects that result in delays or in cost overruns that cannot be recouped in rates; (11) local, state and federal legislative and regulatory actions or developments relating to the environment, including those related to global climate change; (12) the impact of unplanned facility outages; (13) any direct or indirect effects on CenterPoint Energy's facilities, operations and financial condition resulting from terrorism, cyber-attacks, data security breaches or other attempts to disrupt CenterPoint Energy's businesses or the businesses of third parties, or other catastrophic events such as fires, earthquakes, explosions, leaks, floods, droughts, hurricanes, pandemic health events or other occurrences; (14) CenterPoint Energy's ability to invest planned capital and the timely recovery of CenterPoint Energy's investment in capital; (15) CenterPoint Energy's ability to control operation and maintenance costs; (16) actions by credit rating agencies; (17) the sufficiency of CenterPoint Energy's insurance coverage, including availability, cost, coverage and terms; (18) the investment performance of CenterPoint Energy's pension and postretirement benefit plans; (19) commercial bank and financial market conditions, CenterPoint Energy's access to capital, the cost of such capital, and the results of CenterPoint Energy's financing and refinancing efforts, including availability of funds in the debt capital markets; (20) changes in interest rates and their impact on CenterPoint Energy's costs of borrowing and the valuation of its pension benefit obligation; (21) changes in rates of inflation; (22) inability of various counterparties to meet their obligations to CenterPoint Energy; (23) non-payment for CenterPoint Energy's services due to financial distress of its customers; (24) the extent and effectiveness of CenterPoint Energy's risk management and hedging activities, including, but not limited to, its financial and weather hedges; (25) timely and appropriate regulatory actions allowing securitization for any future hurricanes or natural disasters or other recovery of costs, including costs associated with Hurricane Harvey; (26) CenterPoint Energy's or Enable's potential business strategies and strategic initiatives, including restructurings, joint ventures and acquisitions or dispositions of assets or businesses (including a reduction of CenterPoint Energy's interests in Enable, whether through its decision to sell all or a portion of the Enable common units it owns in the public equity markets or otherwise, subject to certain limitations), which CenterPoint Energy cannot assure will be completed or will have the anticipated benefits to it or Enable; (27) acquisition and merger activities involving CenterPoint Energy or its competitors; (28) CenterPoint Energy's or Enable's ability to recruit, effectively transition and retain management and key employees and maintain good labor relations; (29) the ability of GenOn Energy, Inc. (formerly known as RRI Energy, Inc., Reliant Energy and RRI), a wholly-owned subsidiary of NRG Energy, Inc. (NRG), and its subsidiaries, which completed its reorganization and emerged from Chapter 11 in December 2018, to satisfy their obligations to CenterPoint Energy, including indemnity obligations; (30) the outcome of litigation; (31) the ability of retail electric providers (REPs), including REP affiliates of NRG and Vistra Energy Corp., formerly known as TCEH Corp., to satisfy their obligations to CenterPoint Energy and its subsidiaries; (32) changes in technology, particularly with respect to efficient battery storage or the emergence or growth of new, developing or alternative sources of generation; (33) the timing and outcome of any audits, disputes and other proceedings related to taxes; (34) the effective tax rates; and (35) the effect of changes in and application of accounting standards and pronouncements.

Risks Related to Vectren

Important factors related to Vectren, its affiliates, and its and their operations that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to:

(1) factors affecting utility operations such as unfavorable or unusual weather conditions; catastrophic weather-related damage; unusual maintenance or repairs; unanticipated changes to coal and natural gas costs; unanticipated changes to gas transportation and storage costs, or availability due to higher demand, shortages, transportation problems or other developments; environmental or pipeline incidents; transmission or distribution incidents; unanticipated changes to electric energy supply costs, or availability due to demand, shortages, transmission problems or other developments; or electric transmission or gas pipeline system constraints, (2) new or proposed legislation, litigation and government regulation or other actions, such as changes in, rescission of or additions to tax laws or rates, pipeline safety regulation and environmental laws and regulations, including laws governing air emissions, carbon, waste water discharges and the handling and disposal of coal combustion residuals that could impact the continued operation, and/or cost recovery of generation plant costs and related assets; compliance with respect to these regulations could substantially change the operation and nature of Vectren's utility operations, (3) catastrophic events such as fires, earthquakes, explosions, floods, ice storms, tornadoes, terrorist acts, physical attacks, cyber attacks, or other similar occurrences could adversely affect Vectren's facilities, operations, financial condition, results of operations, and reputation, (4) approval and timely recovery of new capital investments related to the electric generation transition plan, including timely approval to build and own generation, ability to meet capacity requirements, ability to procure resources needed to build new generation at a reasonable cost, ability to appropriately estimate costs of new generation, the effects of construction delays and cost overruns, ability to fully recover the investments made in retiring portions of the current generation fleet, scarcity of resources and labor, and workforce retention, development and training, (5) increased competition in the energy industry, including the effects of industry restructuring, unbundling, and other sources of energy, (6) regulatory factors such as uncertainty surrounding the composition of state regulatory commissions, adverse regulatory changes, unanticipated changes in rate-setting policies or procedures, recovery of investments and costs made under regulation, interpretation of regulatory-related legislation by the Indiana Utility Regulatory Commission and/or Public Utilities Commission of Ohio and appellate courts that review decisions issued by the agencies, and the frequency and timing of rate increases, (7) financial, regulatory or accounting principles or policies imposed by the Financial Accounting Standards Board; the SEC; the Federal Energy Regulatory Commission; state public utility commissions; state entities which regulate electric and natural gas transmission and distribution, natural gas gathering and processing, electric power supply; and similar entities with regulatory oversight, (8) economic conditions including the effects of inflation, commodity prices, and monetary fluctuations, (9) economic conditions, including increased potential for lower levels of economic activity; uncertainty regarding energy prices and the capital and commodity markets; volatile changes in the demand for natural gas, electricity, and other nonutility products and services; economic impacts of changes in business strategy on both gas and electric large customers; lower residential and commercial customer counts; variance from normal population growth and changes in customer mix; higher operating expenses; and reductions in the value of investments, (10) volatile natural gas and coal commodity prices and the potential impact on customer consumption, uncollectible accounts expense, unaccounted for gas and interest expense, (11) volatile oil prices and the potential impact on customer consumption and price of other fuel commodities, (12) direct or indirect effects on Vectren's business, financial condition, liquidity and results of operations resulting from changes in credit ratings, changes in interest rates, and/or changes in market perceptions of the utility industry and other energy-related industries, (13) the performance of projects undertaken by Vectren's nonutility businesses and the success of efforts to realize value from, invest in and develop new opportunities, including but not limited to, Vectren Infrastructure Services Company, Vectren Energy Services Company, and remaining ProLiance Holdings, LLC assets, (14) factors affecting Infrastructure Services, including the level of success in bidding contracts; fluctuations in volume and mix of contracted work; mix of projects received under blanket contracts; unanticipated cost increases in completion of the contracted work; funding requirements associated with multiemployer pension and benefit plans; changes in legislation and regulations impacting the industries in which the customers served operate; the effects of weather; failure to properly estimate the cost to construct projects; the ability to attract and retain qualified employees in a fast growing market where skills are critical; cancellation and/or reductions in the scope of projects by customers; credit worthiness of customers; ability to obtain materials and equipment required to perform services; and changing market conditions, including changes in the market prices of oil and natural gas that would affect the demand for infrastructure construction, (15) factors affecting Energy Services, including unanticipated cost increases in completion of the contracted work; changes in legislation and regulations impacting the industries in which the customers served operate; changes in economic influences impacting customers served; failure to properly estimate the cost to construct projects; risks associated with projects owned or operated; failure to appropriately design, construct, or operate projects; the ability to attract and retain qualified employees; cancellation and/or reductions in the scope of projects by customers; changes in the timing of being awarded projects; credit worthiness of customers; lower energy prices negatively impacting the economics of performance contracting business; and changing market conditions, (16) employee or contractor workforce factors including changes in key executives, collective bargaining agreements with union employees, aging workforce issues, work stoppages, or pandemic illness, (17) risks associated with material business transactions such as acquisitions and divestitures, including, without limitation, legal and regulatory delays; the related time and costs of implementing such transactions; integrating operations as part of these transactions; and possible failures to achieve expected gains, revenue growth and/or expense savings from such transactions, and (18) costs, fines, penalties and other effects of legal and administrative proceedings, settlements, investigations, claims, including, but not limited to, such matters involving compliance with federal and state laws and interpretations of these laws.

The foregoing list of factors is not all-inclusive because it is not possible to predict all factors, and any and all differences between the  risk factors under the headings "Risks Related to CenterPoint Energy" or "Risks Related to Vectren," except where context dictates otherwise, are not intended to be, and should not be read as, a representation, warranty, statement, affirmation or acknowledgement of any kind by CenterPoint Energy, Vectren or their respective affiliates that  any risk factors present under one heading, but absent under the other, are not potential risk factors for CenterPoint Energy or Vectren, or their respective affiliates, as applicable. Furthermore, it may not be possible to assess the impact of any such factor on CenterPoint Energy's or Vectren's respective businesses or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.  Additional risks and uncertainties will be discussed in other materials that CenterPoint Energy and Vectren will file with the SEC in connection with the proposed transactions. Other risk factors are detailed from time to time in CenterPoint Energy's and Vectren's annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC, but any specific factors that may be provided should not be construed as exhaustive.  Each forward-looking statement speaks only as of the date of the particular statement. While we believe these forward-looking statements to be reasonable, there can be no assurance that they will approximate actual experience or that the expectations derived from them will be realized. Further, we undertake no obligation to update or revise any of our forward-looking statements whether as a result of new information, future events or otherwise.

For more information contact
CenterPoint Energy
Media: Leticia Lowe 713.207.7702
Investors: David Mordy 713.207.6500

Vectren Corporation
Media: Natalie Hedde 812.491.5105
Investors: Dave Parker 812.491.4135

 

SOURCE CenterPoint Energy, Inc.

 Recent News

 

 
CenterPoint Energy prepares for cold weather ahead of forecasted wintry precipitation across Texas and continues to closely monitor potential for severe winter conditions

HOUSTON – Jan. 20, 2026 – With winter precipitation and freezing temperatures in the low 20s forecasted to impact CenterPoint Energy’s service territory in Texas over the weekend and into next week, the company’s Emergency Response & Preparedness, Electric Operations, Gas Operations and Meteorology teams continue actively monitoring weather models and preparing for cold and potentially icy conditions. Both Electric and Natural Gas teams across CenterPoint’s Texas footprint are engaged in coordinated efforts to maintain readiness and address potential service impacts.

“We continue to diligently monitor the evolving weather forecasts across the communities we serve in Texas ahead of this weekend’s potential winter weather. Our teams are well prepared, executing work in advance and will be ready to respond to any impacts from the forecasted conditions, including icy weather, high winds and wintry precipitation,” said Don Daigler, CenterPoint’s Senior Vice President, Emergency Preparedness and Response. “We will remain alert throughout the week and continue to coordinate with local officials as our communities take steps to prepare. We urge our customers to stay weather alert as conditions continue to develop and have an emergency plan in place.”

Cold weather preparations
The company is prepared to respond to cold weather and has performed a series of proactive pre-winter preparedness actions to strengthen and winterize its electric and natural gas infrastructure across Texas, as well as inspect and test cold-weather critical equipment ahead of potential severe cold weather. CenterPoint is also deploying cold weather mitigations across its electric and gas infrastructure, developing plans to mobilize emergency response resources and coordinating with relevant local emergency responders and government officials in preparation. 

The pre-winter safety and readiness actions taken by CenterPoint include:

  • Inspecting and testing critical equipment, including all 270 electric substations, to prepare for high demand and cold temperatures;
  • Communicating and coordinating with the Texas Public Utility Commission and ERCOT about statewide energy needs;
  • Hardening electric and natural gas infrastructure across the Greater Houston area, including installing heaters and devices to prevent ice damage or buildup;
  • Maintaining freeze protection equipment and enclosures for cold-weather critical components;
  • Repairing thermal insulation and water-proofing materials;
  • Positioning Compressed Natural Gas (CNG) trucks to be deployed to supplement the natural gas system, if needed;
  • Coordinating and communicating with the Railroad Commission of Texas to identify and support operations of critical gas infrastructure for natural gas reliability;
  • Monitoring more than 100 weather stations across the Greater Houston area to enhance situational awareness and storm preparation;
  • Donated and installed more than 20 emergency backup generators at key locations across Greater Houston to improve local emergency preparedness and response efforts; and
  • Conducted more than 19,000 total hours of emergency training in 2025 for hundreds of operational, emergency response and other personnel and contractors to strengthen severe weather preparation and response efforts.

The current weather forecast for CenterPoint’s Houston electric service territory indicates the potential for ice accumulation next weekend, subject to updated forecasts. The company reminds customers and community members to always assume downed lines or wires are energized and potentially dangerous if contacted. Stay at least 35 feet away from downed power lines or fallen wires and keep a safe distance from objects touching downed lines (tree limbs, vehicles, fences, etc.) and immediately report downed power lines to CenterPoint. 

Winter Energy Guide
CenterPoint’s Winter Energy Guide is a comprehensive online resource hub featuring safety, energy savings and bill management tips to help customers stay safe and warm throughout the winter season. CenterPoint encourages customers to use this helpful resource to create their own cold weather plans and stay prepared. To learn more, visit CenterPointEnergy.com/ReadyforWinter.

Stay informed with Power Alert Service®
CenterPoint electric customers are encouraged to enroll in the company's Power Alert Service® to receive winter storm outage details, estimated restoration times and customer-specific restoration updates by phone call, text or email.

Have a plan and stay safe
CenterPoint encourages customers to prepare and have a plan to stay safe during severe winter weather. Customers can get storm-related safety tips at CenterPointEnergy.com/ActionCenter — available in English, Spanish and Vietnamese.

Customers can also stay up to date on outages with CenterPoint’s Outage Tracker, available in English and Spanish. The Outage Tracker is built to handle increased traffic during storms, is mobile-friendly, accessible for those with disabilities and allows customers to see outages by county, city and zip code.

For the latest updates, follow CenterPoint on X and visit CenterPointEnergy.com/ActionCenter. 

 

About CenterPoint Energy, Inc.
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, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

​
As part of its commitment to helping support local communities, CenterPoint Energy Foundation opens its first grant cycle of 2026

DAYTON, Ohio — Jan. 15, 2026 — The CenterPoint Energy Foundation is currently accepting applications through Feb. 13 for nonprofit programs and initiatives focused on education including literacy, science-technology-engineering-mathematics (STEM) and workforce development.

Grants are available for eligible nonprofit organizations whose primary location is in CenterPoint Energy's service areas and have programs supporting the Foundation's giving priorities. The Foundation prioritizes programs serving low-to-moderate income families and under-resourced communities.  

Funded separately and financially independent from the utility, the CenterPoint Energy Foundation strives to be a catalyst for good by leveraging everyday opportunities and resources to increase the vibrancy in the communities it serves.   

“The CenterPoint Energy Foundation creates positive, meaningful change within the communities where we have the privilege to provide electric and natural gas service," said June Deadrick, Vice President, Community Relations at CenterPoint Energy. “The Foundation remains committed to initiatives and programs enriching the lives of those living and working within our service areas, while powering possibilities for a better tomorrow. We encourage qualified nonprofit organizations focusing on education to apply for a grant through Feb. 13." 

During its two grant cycles in 2025, the CenterPoint Energy Foundation awarded more than $13.9 million for approximately 430 grants to nonprofit organizations in Texas, Minnesota, Indiana and Ohio, with efforts expected to:

  • Supply nearly 2 million free books to kids.
  • Support more than 625,000 hours of tutoring for students.
  • Enable approximately 42,000 students to receive a certificate or credential for career pathways.
  • Deliver over 120,000 science-technology-engineering-math (STEM) kits and projects to students.
  • Fund more than 3,700 career exposure or exploration events.

 
The second Foundation grant cycle of the year will open in June 2026 and focus on community vitality initiatives, such as affordable housing, environmental stewardship and enhancing community outdoor spaces.

To learn more and apply for a grant, visit CenterPointEnergy.com/Foundation. 

###

About the CenterPoint Energy Foundation
The CenterPoint Energy Foundation provides philanthropic support to meet the needs of communities where CenterPoint Energy customers live and work. The Foundation is funded by shareholders and has no impact on customer rates. More information about the Foundation can be found at CenterPointEnergy.com/Foundation.
 

About CenterPoint Energy, Inc.
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, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.​

As part of its commitment to helping support local communities, CenterPoint Energy Foundation opens its first grant cycle of 2026

​MINNEAPOLIS — Jan. 15, 2026 — The CenterPoint Energy Foundation is currently accepting applications through Feb. 13 for nonprofit programs and initiatives focused on education including literacy, science-technology-engineering-mathematics (STEM) and workforce development.

Grants are available for eligible nonprofit organizations whose primary location is in CenterPoint Energy's service areas and have programs supporting the Foundation's giving priorities. The Foundation prioritizes programs serving low-to-moderate income families and under-resourced communities.  

Funded separately and financially independent from the utility, the CenterPoint Energy Foundation strives to be a catalyst for good by leveraging everyday opportunities and resources to increase the vibrancy in the communities it serves.   

“The CenterPoint Energy Foundation creates positive, meaningful change within the communities where we have the privilege to provide electric and natural gas service," said June Deadrick, Vice President, Community Relations at CenterPoint Energy. “The Foundation remains committed to initiatives and programs enriching the lives of those living and working within our service areas, while powering possibilities for a better tomorrow. We encourage qualified nonprofit organizations focusing on education to apply for a grant through Feb. 13." 

During its two grant cycles in 2025, the CenterPoint Energy Foundation awarded more than $13.9 million for approximately 430 grants to nonprofit organizations in Texas, Minnesota, Indiana and Ohio, with efforts expected to:

  • Supply nearly 2 million free books to kids.
  • Support more than 625,000 hours of tutoring for students.
  • Enable approximately 42,000 students to receive a certificate or credential for career pathways.
  • Deliver over 120,000 science-technology-engineering-math (STEM) kits and projects to students.
  • Fund more than 3,700 career exposure or exploration events.

 
The second Foundation grant cycle of the year will open in June 2026 and focus on community vitality initiatives, such as affordable housing, environmental stewardship and enhancing community outdoor spaces.

To learn more and apply for a grant, visit CenterPointEnergy.com/Foundation. 

###

About the CenterPoint Energy Foundation
The CenterPoint Energy Foundation provides philanthropic support to meet the needs of communities where CenterPoint Energy customers live and work. The Foundation is funded by shareholders and has no impact on customer rates. More information about the Foundation can be found at CenterPointEnergy.com/Foundation.

About CenterPoint Energy, Inc.
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, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

As part of its commitment to helping support local communities, CenterPoint Energy Foundation opens its first grant cycle of 2026

HOUSTON — Jan. 15, 2026 — The CenterPoint Energy Foundation is currently accepting applications through Feb. 13 for nonprofit programs and initiatives focused on education including literacy, science-technology-engineering-mathematics (STEM) and workforce development.

Grants are available for eligible nonprofit organizations whose primary location is in CenterPoint Energy's service areas and have programs supporting the Foundation's giving priorities. The Foundation prioritizes programs serving low-to-moderate income families and under-resourced communities.  

Funded separately and financially independent from the utility, the CenterPoint Energy Foundation strives to be a catalyst for good by leveraging everyday opportunities and resources to increase the vibrancy in the communities it serves.   

“The CenterPoint Energy Foundation creates positive, meaningful change within the communities where we have the privilege to provide electric and natural gas service," said June Deadrick, Vice President, Community Relations at CenterPoint Energy. “The Foundation remains committed to initiatives and programs enriching the lives of those living and working within our service areas, while powering possibilities for a better tomorrow. We encourage qualified nonprofit organizations focusing on education to apply for a grant through Feb. 13." 

During its two grant cycles in 2025, the CenterPoint Energy Foundation awarded more than $13.9 million for approximately 430 grants to nonprofit organizations in Texas, Minnesota, Indiana and Ohio, with efforts expected to:

  • Supply nearly 2 million free books to kids.
  • Support more than 625,000 hours of tutoring for students.
  • Enable approximately 42,000 students to receive a certificate or credential for career pathways.
  • Deliver over 120,000 science-technology-engineering-math (STEM) kits and projects to students.
  • Fund more than 3,700 career exposure or exploration events.

The second Foundation grant cycle of the year will open in June 2026 and focus on community vitality initiatives, such as affordable housing, environmental stewardship and enhancing community outdoor spaces.

To learn more and apply for a grant, visit CenterPointEnergy.com/Foundation. 

###

About the CenterPoint Energy Foundation
The CenterPoint Energy Foundation provides philanthropic support to meet the needs of communities where CenterPoint Energy customers live and work. The Foundation is funded by shareholders and has no impact on customer rates. More information about the Foundation can be found at CenterPointEnergy.com/Foundation.

About CenterPoint Energy, Inc.
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, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com. ​

As part of its commitment to helping support local communities, CenterPoint Energy Foundation opens its first grant cycle of 2026

EVANSVILLE, Ind. — Jan. 15, 2026 — The CenterPoint Energy Foundation is currently accepting applications through Feb. 13 for nonprofit programs and initiatives focused on education including literacy, science-technology-engineering-mathematics (STEM) and workforce development.

Grants are available for eligible nonprofit organizations whose primary location is in CenterPoint Energy's service areas and have programs supporting the Foundation's giving priorities. The Foundation prioritizes programs serving low-to-moderate income families and under-resourced communities.  

Funded separately and financially independent from the utility, the CenterPoint Energy Foundation strives to be a catalyst for good by leveraging everyday opportunities and resources to increase the vibrancy in the communities it serves.   

“The CenterPoint Energy Foundation creates positive, meaningful change within the communities where we have the privilege to provide electric and natural gas service," said Mike Roeder, President of CenterPoint Energy Indiana. “The Foundation remains committed to initiatives and programs enriching the lives of those living and working within our service areas, while powering possibilities for a better tomorrow. We encourage qualified nonprofit organizations focusing on education to apply for a grant through Feb. 13." 

During its two grant cycles in 2025, the CenterPoint Energy Foundation awarded more than $13.9 million for approximately 430 grants to nonprofit organizations in Texas, Minnesota, Indiana and Ohio, with efforts expected to:

  • Supply nearly 2 million free books to kids.
  • Support more than 625,000 hours of tutoring for students.
  • Enable approximately 42,000 students to receive a certificate or credential for career pathways.
  • Deliver over 120,000 science-technology-engineering-math (STEM) kits and projects to students.
  • Fund more than 3,700 career exposure or exploration events.

The second Foundation grant cycle of the year will open in June 2026 and focus on community vitality initiatives, such as affordable housing, environmental stewardship and enhancing community outdoor spaces.

To learn more and apply for a grant, visit CenterPointEnergy.com/Foundation. 

###

About the CenterPoint Energy Foundation
The CenterPoint Energy Foundation provides philanthropic support to meet the needs of communities where CenterPoint Energy customers live and work. The Foundation is funded by shareholders and has no impact on customer rates. More information about the Foundation can be found at CenterPointEnergy.com/Foundation.

About CenterPoint Energy, Inc.
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, Minnesota, Ohio and Texas. As of September 30, 2025, the company owned approximately $45 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.