CenterPoint Energy announces 10-year fleet electrification goals
Company continues to take significant steps to reduce carbon emissions and use innovative technology to transition toward a cleaner energy future
2020-09-28T05:00:00Z

Houston – Sept. 28, 2020 – Leading energy partner CenterPoint Energy today announced a goal to replace 100 percent of its current electric operations light-duty fleet vehicles, such as cars, vans and sport utility vehicles (SUVs), with electric vehicles in Houston and Evansville, Ind., by 2030. The company has an ongoing commitment to ensuring access to affordable, reliable, sustainable energy, while leveraging innovative technology to continue reducing emissions and transition the communities it serves to a clean energy future. 

"CenterPoint Energy has continued to offset our carbon footprint and promote cleaner air by replacing fossil-fueled vehicles and equipment with alternative power choices since 2011," said Kenny Mercado, CenterPoint Energy's Senior Vice President, Electric Utility. "We strive to lead by example and have steadily increased our fleet electrification as suitable vehicles and technology have come available."

The company has a plan to replace 50 percent of current electric operations light-duty fleet vehicles by 2025 and complete the replacement by 2030. In addition, 5 percent of electric operations heavy-duty vehicles will be replaced by 2025 and 10 percent by 2030. As the market evolves, emission reduction goals for all classes of vehicles will be re-evaluated.

To reduce emissions, CenterPoint Energy continues to invest in infrastructure modernization, as well as research and development projects. At the same time, the company remains committed to support the communities where it operates with their climate action goals, focusing on driving lower emissions across the natural gas value chain to ensure its continued role in supporting the transition of the nation's power generation fleet to meet lower carbon emission goals.

This year, CenterPoint Energy introduced its Carbon Policy with a goal to reduce its operational emissions by 70 percent by 2035 and emissions attributable to natural gas usage in heating, appliances and equipment within the residential and commercial sectors by 20 to 30 percent by 2040. The company is among the first energy delivery companies to make an emissions-reduction commitment across a multi-state footprint.

CenterPoint Energy's fleet electrification plan aligns with the City of Houston's Climate Action Plan goal to electrify 100 percent of non-emergency light-duty fleet by 2030. The company is a founding member of EVolve Houston, a coalition of sustainability-minded civic, business, and academic leaders who seek to accelerate clean transportation through electrification in the Greater Houston area. CenterPoint Energy is also collaborating with the City of Evansville on the creation and implementation of their Climate Action Plan. By 2050, Evansville will be a regional leader in addressing climate change and a zero-waste community, powered by renewable energy, where all people have access to efficient transportation alternatives, public green spaces, clean air and water, and locally sourced, fresh food.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of June 30, 2020, the company owned approximately $32 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

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CenterPoint Energy earns six Edison Electric Institute 2020 Emergency Response Awards

Houston – Jan. 14, 2021 – The Edison Electric Institute (EEI) today announced CenterPoint Energy as a recipient of six EEI's Emergency Response Awards, for the company's work following hurricanes Delta, Hannah, Isaias, Laura, Sally and Zeta. Presented to EEI member companies, Emergency Response Awards recognize recovery and assistance efforts of electric companies following service disruptions caused by extreme weather or other natural events. The winners were chosen by a panel of judges following an international nomination process, and the awards were presented during EEI's virtual Winter Board and Chief Executives Meeting.

"These awards reflect CenterPoint Energy's commitment to always being there for communities in need. In 2020, 800 mutual assistance employees, contractors and support personnel helped restore power to customers in Florida, Louisiana, Mississippi, New York and Texas," said Kenny Mercado, CenterPoint Energy's Executive Vice President, Electric Utility.

CenterPoint Energy is part of electric utility mutual assistance programs that provide access to thousands of linemen and tree trimmers 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.

"Over the past year, many of our nation's electric companies and their customers have endured historic storms and wildfires and other significant weather-related events," said EEI President Tom Kuhn. "Working around the clock to restore power safely and quickly to customers and deploying mutual assistance crews to support impacted companies are hallmarks of the electric power industry. When disasters strike, impacted and neighboring electric companies are quick to assess damage and to respond and assist with restoration.

"I congratulate and applaud CenterPoint Energy for demonstrating continued commitment to the customers and to the communities it serves. In the midst of a global pandemic and often in the most hazardous of conditions, CenterPoint Energy and its frontline employees worked around-the-clock to restore service safely and quickly. CenterPoint Energy is exceptionally deserving of this prestigious award."

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

About Edison Electric Institute

EEI is the association that represents all U.S. investor-owned electric companies. EEI's members provide electricity for more than 220 million Americans, and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to its U.S. members, EEI has more than 65 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members.

CenterPoint Energy Announces Two Senior Finance Leadership Appointments

HOUSTON, Jan. 8, 2021 - CenterPoint Energy, Inc. (NYSE: CNP) today announced two senior Finance leadership appointments that will further strengthen its management team and position the company for execution of its new long-term growth strategy.

"As we position ourselves to become a premium valued utility while supporting a transition to a cleaner energy future, central to our company's future growth will be a proven, experienced leadership team and energized, dedicated employees," said Executive Vice President and Chief Financial Officer Jason Wells. "These senior Finance leadership appointments will be critical to our commitment to maximize the advantages of our growth for our customers, shareholders and communities."

Stacey Peterson named Senior Vice President, Financial Planning & Treasurer

Stacey Peterson has been named Senior Vice President, Financial Planning & Treasurer, effective Jan. 11. Peterson will lead the company's financial planning and analysis, investing activities, balance sheet and capital markets strategy, cash management, bank relationships, benefit plan administration, and compliance reporting. She will be responsible for managing financial risk as it relates to CenterPoint Energy's annual interest expense, debt, the company's commercial paper program, and revolving credit facilities. Peterson will report to Wells.

"Stacey joins CenterPoint Energy's leadership team with a proven track record in the energy industry, finance and capital markets. She will be an ideal fit for our company as we execute on our new long-term growth strategy," said Wells. "Under Stacey's leadership, our Financial Planning and Treasury organizations will play a critical role in our five-year $16 billion-plus capital investment plan, which will drive organic growth opportunities in our utility businesses, as well as the reliability and resiliency of our existing infrastructure to better serve our customers."

Peterson said, "With its new long-term growth strategy recently launched, it is a unique and important time in the long, proud history of CenterPoint Energy. I am excited to join this exceptional team and, together, execute the strategy to position CenterPoint Energy for an outstanding future."

Peterson has held roles of increasing responsibility over her 20-year career. Most recently, she served as Senior Vice President, Finance, Treasurer and Head of Investor Relations at Talen Energy, one of the largest privately owned independent power generation infrastructure companies in North America. Prior to this role, Peterson spent 11 years at Calpine, a power generator with more than 26,000 megawatts of generating capacity in 16 states and Canada, wholesale power operations and retail electricity businesses. Following leadership roles in Structuring, Financial and Strategic Analysis, and Power Trading, Peterson served as Vice President, Finance and Treasurer from 2013 to 2018.

Peterson earned a Bachelor of Science degree in Business and Finance from Indiana University's Kelley School of Business. She is a graduate of Harvard Business School's Advanced Management Program.

Philip Holder named Senior Vice President, Strategic Planning & Investor Relations

Philip Holder has been named Senior Vice President, Strategic Planning & Investor Relations, effective Jan. 25. Holder will lead CenterPoint Energy's corporate strategy, investment analyses, and business and corporate development activities in support of the company's long-term growth strategy. In addition, he will be responsible for the company's Investor Relations function and its relationships with shareholders, sell-side analysts and potential investors. Holder will report to Wells.

"Under Phil's leadership, our Strategic Planning and Investor Relations organizations will be instrumental as we grow our utility businesses and identify additional investment opportunities during and beyond the current five-year planning window," said Wells. "Phil's background, experience and relationships, particularly in the utility industry, will be valuable assets as we continue to strengthen the financial community's trust in CenterPoint Energy through execution and clear communications on our progress, including our efforts to further enhance our growth, positioning and value proposition."

Holder said, "I believe CenterPoint Energy has a clear and unmistakable path to becoming a premium valued utility, achieving top-tier operational excellence, and realizing outstanding organic growth opportunities. I look forward to being a part of this great company and working alongside a talented team to deliver on the strategy."

Holder has held roles of increasing responsibility over his 15-year career. Most recently, he served as Managing Director, Energy, Power & Renewables Investment Banking at Guggenheim Securities, the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. In this capacity, Holder led Guggenheim's relationship with the State of California, including advising Governor Gavin Newsom on the PG&E Bankruptcy and the creation of the California State Wildfire Fund. Prior to this role, Holder spent eight years at Citigroup where he served as Director, Power & Utilities Investment Banking. He led strategic and M&A advisory assignments for several utility and energy holding companies, including AES, Dominion Energy, Duke Energy, Energy Future Holdings, InfraREIT, Iberdrola, PG&E, Southern Company and Vistra Energy.

Holder earned a Bachelor of Business Administration degree from Emory University in Atlanta.

The company also announced the departures of Vice President & Treasurer Robert McRae and Director of Investor Relations David Mordy from CenterPoint Energy to pursue other career opportunities.

Wells said, "I want to take this opportunity to thank Robert and Dave for their many contributions to CenterPoint Energy and wish them every success in their future endeavors."

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.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 "continue," "plan," "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 CenterPoint Energy's identification and execution of business strategies, opportunities and initiatives, value creation, capital investment plan, future financial performance and strength, 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 COVID-19; (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, 2019, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

For more information contact
Media:
Phone 713.619.5143
Investors:
Phone 713.207.6500

SOURCE CenterPoint Energy, Inc.

CenterPoint Energy and National Energy Foundation launch secondary and vocational school safety training

Evansville, Ind. – Dec. 17, 2020 – Beginning this month, CenterPoint Energy, in collaboration with the National Energy Foundation (NEF), will launch a new energy safety education program for secondary, vocational and college students providing relevant on-the-job safety education in Indiana. The Energy Safe Skills program will teach future job site workers how to be safe and protect the communities where they will work.

Energy Safe Skills is a safety education program geared toward vocational instructors and students studying for fields in construction, maintenance and related areas. This program provides essential safety information that everyone working on a job site or involved in job site activities needs to know about the hazards of working around buried natural gas pipelines and other utilities.

"The goal of this program is to provide utility safety education to those individuals who are on the cusp of joining the construction, engineering and maintenance industries. Understanding how to safely design, plan and work around buried utilities is critical to students' personal safety on the job and their success in their future careers," said Ashley Babcock, Director of Damage Prevention and Public Awareness at CenterPoint Energy.

Publicly accessible through EnergySafeSkills.org, this no-cost training provides instructors an interactive presentation, student quiz and supplementary STEM-based activities that can be completed within one or two classroom sessions. The curriculum covers characteristics of natural gas, natural gas leak recognition and response, the importance of contacting 811 and safe digging best practices.

"The biggest benefit of this program for teachers is that the interactive presentation and quiz are self-guided, which makes it easy to incorporate into a lesson plan regardless of the instructor's comfort level and understanding of the topics," said Kelly Flowers, Senior Program Director at NEF. "We've designed this training so the instructors can simply play the self-guided training to their students or they can be more active in leading the discussion."

While the training is publicly available regardless of an educator's location, some of the training content, specifically information about Indiana's safe dig laws, is only applicable to Indiana. For more information about the Energy Safe Skills program, interested educators can visit EnergySafeSkills.org.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

About the National Energy Foundation

The National Energy Foundation (NEF) is a 501 (c)(3) nonprofit organization dedicated to increasing energy literacy through the development, distribution and implementation of educational programs and materials. These resources relate primarily to energy, natural resources, energy efficiency and energy safety. Information about NEF is available at nef1.org. For further information about the National Energy Foundation, members of the media may contact Kelly Flowers, National Energy Foundation, 801-327-9500 ext.118.

CenterPoint Energy seeks recovery following completion of 7-year natural gas pipeline modernization plan

Indianapolis, Ind. – Dec. 18, 2020 – CenterPoint Energy's Indiana-based gas utility, Indiana Gas Company, has filed a request with the Indiana Utility Regulatory Commission (IURC) for recovery of investments made within its Indiana natural gas service territory.

The filing comes at the completion of the company's 7-year, $725 million gas modernization plan, which was filed in 2013 to comply with federal pipeline safety rules and continue the safe, reliable delivery of natural gas service to its 620,000 north central, central and southeastern Indiana customers. The gas system improvements resulted in upgrades to portions of CenterPoint Energy's 13,000-mile network of distribution mains and transmission pipelines serving north central, central and southeastern Indiana. The work primarily consisted of replacing bare steel and cast-iron distribution mains with new industry-grade plastic mains, as well as inspecting and upgrading natural gas transmission pipelines. This pipeline work has led to a 33% reduction in methane emissions since 2013. Since 2008, nearly 650 miles of gas mains have been replaced in the utility's territory.

Using 2013 state laws focused on federal mandates and natural gas infrastructure needs, Indiana utilities submit forward-looking capital investment plans to the IURC for review and cost recovery. The statutes provide utilities the ability for gradual investment recovery as modernization progress is made; otherwise defined as 80% of total capital expenditures and lessening the effect of a larger rate increase through traditional rate recovery. The balance of recovery must be sought through a traditional rate request at the end of the 7-year plan and is a requirement of the law. With the 2013 filing and the IURC's approval and regular review of that plan, the company seeks recovery of the remaining 20% of those investments.

"Through these infrastructure investments, CenterPoint Energy is committed to complying with federal mandates and continuing to safely and reliably deliver natural gas service to our customers," said Richard Leger, Vice President of Natural Gas Distribution, Indiana and Ohio. "While our natural gas customers may experience an increase to their bills, it will be the first time in 13 years we have pursued such recovery. As demonstrated by our commitment to expense management and continuing to offer natural gas as a cost-effective, reliable energy option due to low, stable natural gas commodity prices, we remain focused on maintaining affordability for our customers."

If the IURC approves the request, the average residential north central, central and southeastern Indiana gas customer could see an approximate increase of less than $3 per month. This represents the balance of costs not already recovered through the duration of the previous seven years and recovery of additional investments before and outside of the company's modernization plan related to public and system improvements required since 2006.      

Also requested within this filing is the continuation of natural gas energy efficiency programs through 2025 and the income-eligible universal service program, which provides additional gas bill reductions during the months of December through May for eligible Indiana customers.

"Since inception of the programs, customers have saved approximately 194 million therms of natural gas, or enough energy to heat 241,000 homes for a year, which also contributed to more than 1,139,000 metric tons of CO2e emissions saved," continued Leger. "Energy efficiency programs are another way we strive to give customers the opportunity to reduce their energy usage and therefore lower their bill, while also lowering emissions."

While taking into consideration the expected bill impact for these gas infrastructure investments, bills should remain substantially lower than they were subsequent to the company's last rate case filing due to considerably lower natural gas commodity costs. Should the current recovery request be approved, total annual bills will be approximately $350 lower than they were in 2008 when current rates were approved. As is the case with other gas utilities, the company does not profit from the cost of natural gas. The utility's portfolio approach to gas purchases on behalf of customers is simply passed through dollar for dollar.

The filing now begins a comprehensive review by the IURC which will take several months to complete and will include a public hearing as part of the regulatory process. Should the request be approved, new rates may go into effect during the fourth quarter of 2021.

CenterPoint Energy's gas territory covering north central, central and southeastern Indiana delivers natural gas to approximately 620,000 customers in portions of Adams, Allen, Bartholomew, Blackford, Boone, Brown, Clark, Clay, Clinton, Daviess, Decatur, Delaware, Fayette, Floyd, Fountain, Grant, Greene, Hamilton, Hancock, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jefferson, Johnson, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Orange, Owen, Parke, Putnam, Randolph, Rush, Shelby, Switzerland, Tippecanoe, Tipton, Vermillion, Vigo, Wabash, Warren, Wayne, Wells and White counties.

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 future regulatory filings, actions and decisions, including the timing and impact of such actions and decisions, the expected impact of the proposed rate adjustments on customer bills, forecasted natural gas commodity prices and any associated fluctuations, emissions reductions 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 COVID-19; (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, 2019, CenterPoint Energy's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 2020 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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

CenterPoint Energy declares regular common stock dividend of $0.1600, Series A Preferred Stock dividend of $30.6250 and Series B Preferred Stock dividend of $17.5000

HOUSTON, Dec. 10, 2020 - CenterPoint Energy, Inc.'s (NYSE: CNP) board of directors today declared dividends on shares of its common stock, Series A Perpetual Preferred Stock and Series B Mandatory Convertible Preferred Stock.

Common Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $0.1600 per share on the issued and outstanding shares of Common Stock. The dividend will also be payable to holders of shares of Series C Mandatory Convertible Preferred Stock which participate with the Common Stock on an as-converted basis. The dividend will be payable March 11, 2021 to holders of Common Stock and Series C Preferred Stock of record at the close of business on February 18, 2021.  This quarterly dividend represents a 6.7 percent increase from the previous quarterly dividend of $0.1500 and, if annualized, would equate to $0.64 per share.

Series A Preferred Stock Dividend

The company's board of directors declared a regular semiannual cash dividend of $30.6250 per share on the issued and outstanding shares of Series A Preferred Stock payable March 1, 2021 to holders of Series A Preferred Stock of record at the close of business on February 15, 2021.

Series B Preferred Stock Dividend

The company's board of directors declared a regular quarterly cash dividend of $17.5000 per share on the issued and outstanding shares of Series B Preferred Stock payable March 1, 2021 to holders of Series B Preferred Stock of record at the close of business on February 15, 2021. This equates to $0.8750 per depositary share (NYSE: CNPPRB), each of which represents a 1/20th interest in a share of the Series B Mandatory Convertible Preferred Stock.

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 Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas. As of September 30, 2020, the company owned approximately $33 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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 annualized dividends per share, 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.

For more information contact
Media:
Communications
Media.Relations@CenterPointEnergy.com
Investors:
David Mordy
Phone      713.207.6500

SOURCE CenterPoint Energy, Inc.