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,...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
08 September 2025

A fruitful alliance: Trafigura signs Korea LNG contract

A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate...

Perspective
12 September 2025

Satellite finance heads back into orbit

Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...