News
04 May 2021

CenterPoint to sell gas assets to Summit Utilites for $2.1bn

In:
Oil & gas
Region:
Americas

CenterPoint Energy (CNP) is to sell its Arkansas and Oklahoma gas distribution assets to Summit Utilities for $2.15 billion in cash, including recovery of $425 million of storm-related incremental  gas costs incurred in February 2021. Assets include 17,000 miles of main pipeline in Arkansas,...

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