CenterPoint Energy prices concurrent upsized public offerings of $1.65 billion Common Stock and $850 million Depositary Shares representing interests in Series B Mandatory Convertible Preferred Stock
CenterPoint Energy prices concurrent upsized public offerings of $1.65 billion Common Stock and $850 million Depositary Shares representing interests in Series B Mandatory Convertible Preferred Stock
2019-06-14T05:00:00Z

HOUSTON, Sept. 26, 2018 - CenterPoint Energy, Inc. (NYSE: CNP) today announced the pricing of its concurrent underwritten public offerings of approximately $1,650,000,000 of shares of common stock at a price of $27.25 per share and 17,000,000 depositary shares, each representing a 1/20th interest in a share of its 7.00% Series B Mandatory Convertible Preferred Stock (Series B Preferred Stock), at a price of $50 per depositary share. Each share of Series B Preferred Stock will have a liquidation preference of $1,000 (equivalent to $50 per depositary share). In addition, CenterPoint Energy has granted the underwriters in each respective offering a 30-day option to purchase up to an additional approximately $247,500,000 of shares of common stock and up to an additional 2,550,000 depositary shares.

CenterPoint Energy intends to use the net proceeds from the common stock and depositary share offerings of approximately $1.60 billion and $0.83 billion, respectively, in each case after deducting issuance costs and discounts for the respective offerings, to finance a portion of the cash consideration payable by CenterPoint Energy in connection with its pending merger with Vectren Corporation (Vectren Merger), as well as a portion of the related fees and expenses. If for any reason the Vectren Merger is not completed, CenterPoint Energy expects to use the net proceeds from these offerings for general corporate purposes, which may include, at its sole discretion, exercising its option to redeem the Series B Preferred Stock and the corresponding depositary shares for cash, debt repayment, including repayment of commercial paper, capital expenditures, investments and repurchases of its common stock at the discretion of its board of directors. The concurrent offerings are expected to close on October 1, 2018, subject to customary closing conditions.

The common stock and the depositary share offerings are separate registered public offerings made by means of separate prospectus supplements and are not contingent on one another. In addition, neither offering is or will be contingent on the consummation of the proposed Vectren Merger.

Morgan Stanley, Goldman Sachs & Co. LLC, Citigroup and Wells Fargo Securities are acting as joint book-running managers and representatives of the underwriters of the concurrent offerings. Additionally, Barclays, Credit Suisse, Deutsche Bank Securities and J.P. Morgan are acting as joint book-running managers of the concurrent offerings.

Each depositary share entitles the holder of such depositary share, through the depository, to a proportional fractional interest in the rights and preferences of the Series B Preferred Stock, including conversion, dividend, liquidation and voting rights, subject to the terms of the deposit agreement. Unless previously converted or redeemed, each share of Series B Preferred Stock will automatically convert on or around September 1, 2021, into between 30.5820 and 36.6980 shares of CenterPoint Energy's common stock (and correspondingly, the conversion rate for each depositary share will be between 1.5291 and 1.8349 shares of CenterPoint Energy's common stock), subject to customary anti-dilution adjustments, depending on the volume-weighted average price of CenterPoint Energy's common stock over a 20 consecutive trading day averaging period prior to that date. Dividends on the Series B Preferred Stock will be payable on a cumulative basis when, as and if declared by CenterPoint Energy's board of directors, at an annual rate of 7.00% on the liquidation preference of $1,000 per share of Series B Preferred Stock (or $50 per depositary share), on each March 1, June 1, September 1 and December 1 of each year, commencing on December 1, 2018, and ending on, and including, September 1, 2021.

Each offering is being made pursuant to CenterPoint Energy's effective shelf registration statement on Form S-3, as amended, previously filed with the Securities and Exchange Commission (SEC). Each offering is being made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Copies of the prospectus supplement and accompanying base prospectus meeting such requirements related to each offering may be obtained free of charge from the SEC's website, www.sec.gov or from:

Morgan Stanley & Co. LLC

Attention: Prospectus Department

180 Varick St. 2nd Fl.

New York, New York 10014

 

Goldman Sachs & Co. LLC

Attention: Prospectus Department

200 West Street

New York, New York 10282

Telephone: 1-866-471-2526

Email: prospectus-ny@ny.email.gs.com

 

Citigroup

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, New York 11717

Telephone: 1-800-831-9146

 

Wells Fargo Securities, LLC

Attention: Equity Syndicate Department

375 Park Avenue

New York, New York 10152

Telephone:  1-800-326-5897

Email: cmclientsupport@wellsfargo.com

Currently, no public market exists for the depositary shares. CenterPoint Energy intends to apply to list the depositary shares on the New York Stock Exchange under the symbol CNPPRB. CenterPoint Energy's common stock is listed on the New York Stock Exchange and the Chicago Stock Exchange under the symbol CNP.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any shares of common stock, any depositary shares, any shares of Series B Preferred Stock or any other securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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, LP, a publicly traded master limited partnership it jointly controls with OGE Energy Corp. Enable Midstream Partners, LP 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.

This press release includes forward-looking statements that are not historical facts. Actual events and results may differ materially from those projected. Forward-looking statements in this press release include, but are not limited to, statements regarding expectations on the completion and timing of the proposed offerings, the use of proceeds from the proposed offerings, the anticipated conversion date of the Series B Preferred Stock, listing of the depositary shares on the New York Stock Exchange and the Vectren Merger.  Factors that could affect the company's ability to complete the proposed offerings include, but are not limited to, general market conditions, investor acceptance of the proposed offerings, the satisfaction of the conditions to the proposed offerings discussed in the prospectus supplements and accompanying base prospectuses and other factors discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2017, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2018, and June 30, 2018, and CenterPoint Energy's other SEC filings.  Factors that could affect the company's ability to complete the Vectren Merger include, but are not limited to, the satisfaction of the conditions to the Vectren Merger discussed in the prospectus supplement and accompanying base prospectus and other factors discussed in the company's SEC filings.

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

 

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SOURCE CenterPoint Energy, Inc.

 Recent News

 

 
CenterPoint Energy is monitoring a tropical disturbance in the Northeast Gulf and ready to activate its summer storm readiness plan, if needed
  • Current projections show a low probability of Texas Coast impacts beyond rain
  • Any potential impacts would occur late Friday or early Saturday
  • Customers and public encouraged to sign-up for Power Alert Service for updates about friends, family and community locations

HOUSTON, July 14, 2025 - CenterPoint Energy's Meteorology, Emergency Planning & Response and Electric Operations teams are monitoring a tropical disturbance moving across Florida toward the Gulf. Based on current projections, the path of the storm could come near the Texas Coast by the end of the week, but is anticipated to be primarily a rain event for the Houston area.

While it's still early and there are many variables, CenterPoint is ready to take action with its summer storm readiness plan. Should the disturbance continue to organize, gain strength, and models align on its different track, CenterPoint will take further actions.  

"CenterPoint's meteorology team has been monitoring this disturbance as it moved toward the Florida peninsula over the weekend. And we will continue to monitor, review new models and data and leverage our suite of technology assets, so we are prepared," said Matt Lanza, CenterPoint's Manager of Meteorology. "Right now, we are anticipating the low likelihood of an end of week potential rain event."

"While it is early and weather models can change, we want our customers, communities and public to know that we have a summer storm readiness plan. We encourage everyone to keep an eye on the weather this week while CenterPoint stands ready to activate," said Darin Carroll, Senior Vice President of CenterPoint's Electric Business.

CenterPoint's summer storm readiness plan
The actions CenterPoint may take to prepare and respond to storms this summer include: 

  • Mobilizing vegetation management workers: Deploying local and contract personnel to clear hazardous vegetation from power lines in the Greater Houston area ahead of storm landfall to prevent outages.
  • Coordinating with government officials: Providing regular updates to federal, state, county and city officials about our pre-storm activities and readiness posture.
  • Conducting outreach to critical care customers: Reaching out to identified Critical Care Residential and Chronic Condition Residential electric customers by email, phone or text.
  • Sharing information and updates: Providing safety and preparedness information directly with customers via email, phone or text, across social media platforms and other channels to keep customers informed and prepared.
  • Organizing additional call center staffing: Securing additional call center staff to handle a higher volume of calls during the storm and limit wait times.

Actions since Hurricane Beryl: Greater Houston Resiliency Initiative
Since launching GHRI following Hurricane Beryl last summer, CenterPoint executed a historic series of critical resiliency improvements across the company's 12-county Greater Houston area service territory. The company completed the following actions:

  • Installed or replaced more than 26,000 stronger, more storm-resilient poles built to withstand extreme winds;
  • Undergrounded more than 400 miles of power lines to improve overall resiliency;
  • Installed more than 5,150 additional automated reliability devices and intelligent grid switching devices to reduce the impact of outages and improve restoration times;
  • Cleared more than 6,000 miles of higher-risk vegetation near power lines to reduce storm-related outages;
  • Installed more than 100 weather stations across our service territory to improve situational awareness and storm preparation;
  • Donated 21 backup generators to critical facilities across the company's 12-county service area; and
  • Launched a new and improved, cloud-based Outage Tracker to provide real-time updates on outages and restoration efforts in English and Spanish.

Important weather station facts and locations 
CenterPoint has installed over 100 weather monitoring stations ahead of the Atlantic hurricane season. The weather monitoring stations were installed in strategic locations across CenterPoint's 12-county Greater Houston area electric service territory. The devices take measurements every 2-5 minutes, including humidity levels, wind speed, temperature, and rainfall.

For more information on CenterPoint's GHRI actions and improvements ahead of hurricane season, visit CenterPointEnergy.com/TakingAction.

Sign-up for Power Alert Service to get updates about family and friends
CenterPoint electric customers are encouraged to enroll in the company's Power Alert Service® to receive outage details, estimated restoration times and customer-specific restoration updates via phone call, text or email. Customers can add up to five additional email addresses or phone numbers to allow family and friends to receive outage information. 

CenterPoint encourages all customers to have a plan to stay safe
CenterPoint is encouraging all of its customers to prepare and have a plan to stay safe during this week's 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 new and improved, cloud-based Outage Tracker, now available in English and Spanish. The Outage Tracker is built to handle increased traffic during storms, is mobile-friendly, ADA-compliant, 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.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com

SOURCE CenterPoint Energy

In celebration of National Lineworker Appreciation Day, CenterPoint Energy honors frontline workers who work through the hottest days and coldest nights to serve customers and communities

HOUSTON — July 10, 2025 — Every year, the National Electrical Contractors Association (NECA), the International Brotherhood of Electrical Workers (IBEW), the Edison Electric Institute (EEI) and utilities across the country join together to observe National Lineworker Appreciation Day on July 10. This annual observance honors the life and work of Henry Miller, the first IBEW president, and our nation's frontline electric workers. These dedicated workers serve their communities year-round during the hottest summers and coldest winters by helping deliver safe and reliable electric service to customers every day. These same lineworkers answer the call for mutual assistance from neighboring utilities in other states by responding to hurricanes, wildfires, tornadoes, winter storms and other extreme weather events, and natural disasters.

“We celebrate this day annually to recognize our highly skilled and highly trained workforce. Whether installing new storm resilient poles, repairing lines impacted by cars or accidents or restoring electric service following an extreme weather event, lineworkers serve as the first responders of our industry," said Darin Carroll, Senior Vice President, Electric Business. “I want to thank our CenterPoint line men and women for the commitment and sacrifices made by both them and their families every day. A lineworker's job is not an easy one, but on both blue-sky days and after major weather events, our team shows up, works hard, and delivers this critical service to our customers."

CenterPoint's Houston electric lineworkers serve more than 2.8 million metered customers across 12 counties in southeast Texas, maintaining approximately 4,000 circuit miles of transmission lines and approximately 56,000 miles of distribution lines. In addition to installing, maintaining and repairing electric infrastructure such as transmission towers, distribution poles, substations, transformers and wires, these lineworkers also educate the public on electric wire safety and adhere to rigorous safety standards to protect themselves and the communities CenterPoint serves.

They are also playing a critical role in helping the company work toward its goal of building and operating the most resilient coastal grid in the country. Since CenterPoint launched the Greater Houston Resiliency Initiative (GHRI) in August 2024, lineworkers and contractor partners have:

  • installed or replaced more than 26,000 stronger, more storm-resilient poles built to withstand extreme winds;
  • undergrounded more than 400 miles of power lines to improve overall resiliency;
  • installed more than 5,150 more automated reliability devices and intelligent grid switching devices to reduce the impact of outages and improve restoration times; and
  • installed 100 weather monitoring stations to improve situational awareness and storm preparation.

Supporting long-term resiliency and rising energy demand

As part of the company's commitment to harden and strengthen the grid in the Greater Houston area, CenterPoint is focused on helping build the next generation of electric workers to support continued resiliency work and help meet the rapidly growing energy. This next generation of line workers will also support the implementation of CenterPoint's 2026-2028 Systemwide Resiliency Plan, which is designed to strengthen the electric system against extreme weather of the future and reduce outages for customers by nearly 1 billion minutes into 2029.

For more information on CenterPoint's efforts to build a stronger, more resilient grid for its customers, visit CenterPointEnergy.com/TakingAction.

About CenterPoint Energy, Inc.
CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.​


CenterPoint Energy highlights new energy efficiency programs to help Indiana customers save energy and money this summer

​Evansville, Ind. — July 8, 2025 — As temperatures rise and long-range forecasts point to above-normal heat across southwestern Indiana, CenterPoint Energy is reminding customers of the tools, tips and programs available to help manage energy use and summer bills. New energy efficiency offerings now available include in-store discounts on energy-efficient products and no-cost home energy assessments with on-the-spot upgrades.

According to the National Weather Service's Climate Prediction Center, above-normal temperatures are expected across southwestern Indiana throughout the July–September period. With higher temperatures likely, customers may see increased energy use to keep their homes cool.

“At CenterPoint, we have several resources available to help customers save energy and manage their bills through the summer months and beyond. These new and existing offerings are designed to make saving energy easier, and the Customer Assistance Fund offers additional support for customers who may be facing financial challenges," said Tony Gardner, Senior Vice President and Chief Customer Officer.

Expanded energy efficiency programs
CenterPoint offers a range of new and existing programs to help residential customers reduce energy use and lower their bills this summer:

New offerings

  • In-Store Discounts: Customers can receive instant rebates at checkout on eligible energy-efficient products at participating Lowe's, Home Depot and Habitat for Humanity ReStore locations in the Evansville area. No paperwork or application is required. Discounted items may include dehumidifiers, advanced power strips, air filters, ENERGY STAR® room A/Cs, pipe wrap and more.
  • Home Energy Assessment: Available to all households, this no-cost assessment includes on-the-spot upgrades such as weatherstripping, aerators, pipe insulation and a smart thermostat. Customers also receive a personalized home energy report with tailored recommendations.

Other programs

  • Energy Efficiency Store and Thermostat Promotion: Customers can shop CenterPoint's online Energy Efficiency Store to purchase discounted energy-saving products, delivered directly to your home. Through July 18, while supplies last, customers can also take advantage of a special promotion: save an additional $30 on the Google Nest Thermostat® or $40 on the Google Nest Learning Thermostat®.
  • Smart Cycle: Enrolled customers can receive bill credits during peak summer usage months by allowing CenterPoint to briefly adjust their smart thermostats by up to four degrees to help manage energy use. Before each event, homes are pre-cooled to maintain comfort and customers can override adjustments anytime. Customers can enroll online at CenterPointEnergy.com/SmartCycle.
  • Neighborhood Weatherization Program: Income-qualified customers can access no-cost home assessments and on-the-spot upgrades, similar to those offered through the Home Energy Assessment. Participants in this program may be eligible for additional improvements, such as insulation and furnace tune-ups, at no extra cost.

Summer bill payment assistance now available through the Customer Assistance Fund

The Customer Assistance Fund (CAF) provides direct bill support to eligible southwestern Indiana customers who may be facing financial challenges. Summer assistance is now available to support customers who use electricity to cool their homes.

Customers may apply once during the calendar year. Those customers who already received assistance in 2025 are ineligible until the new funding year begins in 2026 as funding is only allotted once per calendar year.

Administered in partnership with The Salvation Army Indiana Division, the CAF features an easy and accessible application process. More information is available at CenterPointEnergy.com/CAF. 

Additional tips, tools and resources for customers for energy and cost savings

Customers can do the following to stay comfortable while saving energy and money:

  • Turn up the thermostat when leaving home: Raise the temperature a few degrees when away from home for energy savings. With a smart or programmable thermostat, a cooling system can work around a customer's schedule.
  • Change or clean filters in HVAC systems: Air conditioning represents approximately 50 percent of a home's energy use when it's warm out. Regular maintenance can extend the life of a home's system, so change or clean filters to keep the system running efficiently.
  • Slay energy vampires: Energy drainers – also known as “energy vampires"– are electronic devices and appliances that suck up electricity by hovering in standby or ready mode without fully powering off. Save energy by turning off non-essential electric appliances, equipment and lights when not in use. 
  • Use ceiling fans to circulate cool air: Setting ceiling fans to rotate counterclockwise helps circulate cool air and keep rooms at a comfortable temperature.
  • Keep warm air out: Use weatherstripping or caulk areas in and around a home where cooled air may escape, such as around windows and doors or anywhere else warm air might enter.
  • Block the sun's rays: When temperatures increase outside, keep window coverings closed when the sun is shining brightest to maintain a more comfortable indoor temperature.
  • Upgrade appliances and equipment: When replacing appliances and equipment, choose models with increased energy efficiency ratings for long-term cost savings. Rebates may be available for qualifying appliances.​

Customers can learn more about tips and programs that can help them prepare for the longer and warmer days at CenterPointEnergy.com/SavingsTips.

About CenterPoint Energy, Inc.

CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

CenterPoint Energy, Inc. Second Quarter 2025 Earnings Conference Call

Thursday, July 24, 2025

7:00 a.m. Central / 8:00 a.m. Eastern

HOUSTON, July 7, 2025 - CenterPoint Energy, Inc. (NYSE: CNP) has scheduled a conference call for Thursday, July 24, 2025, at 7:00 a.m. Central time or 8:00 a.m. Eastern time, to discuss Second Quarter results. Earnings will be released the same day before the market opens.

If you would like to participate in the conference call, please register here:

https://edge.media-server.com/mmc/p/pk75xytb

CenterPoint Energy will also provide a live audio webcast of the conference call, which can be accessed at CenterPointEnergy.com. Click on the Investors link and the link, "CenterPoint Energy, Inc. Second Quarter 2025 Earnings Conference Call Webcast."  The webcast will be archived on the company's website for at least one year.

Contact:
Chayla Franklin
713-207-6500

SOURCE CenterPoint Energy, Inc

First CenterPoint Energy Resiliency Technology Summit showcases innovative new tools to help improve hurricane preparedness and response

Global technology leaders share best practices and demonstrate advanced technologies and AI tools being used to enhance storm preparedness and emergency response

HOUSTON, June 25, 2025 - As part of its commitment to build the most resilient coast grid in the country, and to better serve its 2.8 million customers throughout the 2025 hurricane season and beyond, CenterPoint Energy hosted its first ever Technology Summit alongside seven global leaders in AI tools, data analytics and other cutting-edge technologies. The new strategic relationships with Climavision, Convey (formerly Message Broadcast), Neara, Palantir, Pano AI, Technosylva and Urbint will help CenterPoint improve overall operations, identify critical system upgrades, enhance situational awareness, and strengthen storm preparedness and emergency response efforts.

"We are committed to working with the best and brightest to achieve our goal of building and operating the most resilient coastal grid in the country. These global leaders are enabling CenterPoint to leverage the latest innovations in AI, machine learning and other areas to help Houston be better prepared for more powerful hurricanes and storms. Most importantly, these new technologies and tools will help us respond more effectively to emergencies and provide the more reliable, resilient service our customers expect and deserve," said Jason Wells, President and Chief Executive Officer of CenterPoint Energy.

Advanced Technologies: Strengthening Resiliency and Emergency Readiness

During the 2025 Technology Summit, representatives of CenterPoint and global tech leaders engaged with elected officials, local emergency managers and community leaders to demonstrate how these advanced technologies will enhance CenterPoint's efforts to prepare for extreme weather events, including in four key areas:

  • Targeting critical system upgrades: Working with Neara and Technosylva , CenterPoint is enhancing how it plans and executes targeted resiliency actions to strengthen the system against extreme weather.
  • Improving situational awareness and storm preparedness: Climavision and Pano AI are helping CenterPoint improve real-time weather monitoring, AI forecasting and risk detection – enabling CenterPoint to more effectively predict and monitor weather risks to Houston's energy infrastructure.
  • Keeping customers better informed: CenterPoint is using critical tools from Convey to modernize communication operations and efficiently manage interactions, strengthening the company's ability to deliver real-time emergency communications to millions of customers.
  • Strengthening emergency response: Technologies from Palantir and Urbint are helping CenterPoint connect data across its assets to respond to storms more effectively and enhancing onboarding and deployment of mutual assistance crews in an emergency.

Greater Houston Resiliency Initiative: Key Actions and Improvements

CenterPoint's strategic technology relationships are the latest part of a broader series of actions to improve resiliency, communication and partnerships through the Greater Houston Resiliency Initiative (GHRI), launched in August 2024. Over the first two phases of GHRI, which were completed ahead of schedule and before the start of hurricane season on June 1, CenterPoint took the following actions:

  • Installed 26,000+ stronger, storm-resilient poles to withstand extreme winds;
  • Added 5,150+ automation devices to improve restoration times;
  • Cleared 6,000+ miles of higher-risk vegetation to reduce storm-related outages;
  • Undergrounded 400+ miles of power lines to improve overall resiliency;
  • Installed 100+ weather stations across our service territory to improve situational awareness and storm preparation;
  • Donated 21 backup generators to critical facilities across the company's 12-county service area; and
  • Launched a new and improved, cloud-based Outage Tracker to provide real-time updates on outages and restoration efforts in English and Spanish.

The company will continue working throughout the 2025 hurricane season to further strengthen resiliency and address potential system impacts from storms and extreme weather. For more information and updates on GHRI, visit CenterPointEnergy.com/TakingAction .

Media Contact: Media.Relations@CenterPointEnergy.com

About CenterPoint Energy, Inc.

CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit CenterPointEnergy.com.

About Climavision

Climavision brings together the power of a proprietary, high resolution supplemental weather radar network with its cutting-edge Horizon AI forecasting technology suite to close significant weather observation gaps and drastically improve forecast speed and accuracy. Climavision's revolutionary approach to climate technology is poised to help reduce the economic risks of volatile weather on companies, governments, and communities alike. Climavision is backed by The Rise Fund, the world's largest global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. The company is headquartered in Louisville, KY, with research and development operations in Raleigh, NC. To learn more, visit www.Climavision.com.

About Convey

Convey delivers intelligent customer workflows that humanize connections in regulated environments. Formerly Message Broadcast, Convey transforms compliance requirements into streamlined experiences through purpose-built solutions that deliver measurable impact for utilities and essential service providers. Our platform helps organizations modernize operations and set new engagement standards while efficiently managing millions of interactions. Reimagine the customer journey at goconvey.com.

About Neara

Neara is a physics-enabled digital twin that eclipses traditional visualization capabilities to deliver a geometrically accurate 3D spatial model of entire infrastructure networks. The model applies detailed individual asset-level analysis to entire integrated infrastructure, providing a context-rich representation of how assets actually behave and react in the physical world in any scenario. Neara connects the granular perspective engineers need to maintain a safe and structurally sound grid system with the network-wide view business leaders need to improve outcomes with effective network investments via high-velocity, automated analysis. With Neara, asset owners upgrade daily reality from reacting to dozens of problems in a context vacuum to proactively identifying exactly where and how to allocate capital for maximum community benefit through an integrated lens. Neara has modeled more than 2 million miles of infrastructure across four continents, enabling customers to save millions each year while improving resiliency and reliability, and transforming processes that once took years into outcomes delivered in hours. More information is available at www.neara.com.

About Palantir

Palantir partners with utilities to modernize the grid, mitigate risk, improve safety, and adapt to changing demand and production patterns. Utilities have a complex data ecosystem that is often challenging to leverage, but we've helped partners optimize their operations at speed and meet complex challenges with data-driven decisions. Today, leading organizations use Palantir software to power critical decisions and operationalize AI. Workflows help address load management optimization, grid upgrades, emergency prevention and response, procurement bottlenecks, and more.

About Pano AI

Pano AI is the leader in AI-powered wildfire detection. Launched in 2020, the company provides advanced early detection and situational awareness solutions to fire agencies, utilities, governments, and private landholders to help protect people, property, and infrastructure from catastrophic wildfires. With deployments across the U.S., Canada, and Australia, Pano AI is building a new standard for real-time wildfire intelligence. To learn more, visit www.pano.ai or follow the company on LinkedIn.

About Technosylva

Technosylva is the leading provider of wildfire and extreme weather modeling, risk mitigation, and operational response software. Technosylva's market-leading solutions, enhanced by AI and machine learning capabilities, provide real-time and predictive insights into developing wildfire and extreme weather risks to support electric utility, insurance, and government agency customers. Founded in 1997, Technosylva has offices in La Jolla, CA, León, Spain, and Calgary, Canada. Learn more at www.Technosylva.com.

About Urbint

Urbint is the world leader in operational resilience for energy and utilities. Urbint's solutions use Artificial Intelligence and the latest industry science to predict and manage emergencies, protect assets and keep people safe. Urbint's suite features three end-to-end solutions: 1) Worker Safety, which provides digital job safety briefs and energy-based observation workflows to reduce exposure at the point of work; 2) Damage Prevention, which manages and risk-profiles 811 tickets to help prevent third-party damages to underground assets; and 3) Emergency Preparedness & Response, which connects the entire natural disaster lifecycle to predict impact and increase a utility's response to reduce customer downtime. The largest energy and infrastructure companies trust Urbint to protect workers, assets, communities, and the environment. Learn more at urbint.com.

SOURCE CenterPoint Energy