CenterPoint Energy completes sale of its Louisiana and Mississippi natural gas distribution businesses to Bernhard Capital Partners
CenterPoint Energy (NYSE: CNP) has completed the sale of its natural gas distribution utilities in Louisiana and Mississippi to Bernhard Capital Partners affiliates. The sold assets comprise approximately 12,000 miles of main pipeline serving about 380,000 metered customers.
The transaction received all necessary federal and state regulatory approvals, including Hart-Scott-Rodino antitrust clearance and approvals from Louisiana and Mississippi Public Service Commissions. Delta Utilities, based in New Orleans, will take over operations and customer service responsibilities in these jurisdictions.
According to CEO Jason Wells, the sales proceeds will help fund the company's long-term growth plans, focusing on safety, reliability, and resiliency investments for customers and communities.
CenterPoint Energy (NYSE: CNP) ha completato la vendita delle sue utility di distribuzione di gas naturale in Louisiana e Mississippi a filiali di Bernhard Capital Partners. Gli asset venduti comprendono circa 12.000 miglia di condotte principali che servono circa 380.000 clienti misurati.
La transazione ha ricevuto tutte le necessarie approvazioni normative federali e statali, inclusa l'autorizzazione antitrust Hart-Scott-Rodino e le approvazioni dalle Commissioni per i Servizi Pubblici della Louisiana e del Mississippi. Delta Utilities, con sede a New Orleans, assumerà le operazioni e le responsabilità del servizio clienti in queste giurisdizioni.
Secondo il CEO Jason Wells, i proventi della vendita aiuteranno a finanziare i piani di crescita a lungo termine dell'azienda, concentrandosi su investimenti in sicurezza, affidabilità e resilienza per clienti e comunità.
CenterPoint Energy (NYSE: CNP) ha completado la venta de sus servicios de distribución de gas natural en Louisiana y Mississippi a afiliados de Bernhard Capital Partners. Los activos vendidos comprenden aproximadamente 12,000 millas de tuberías principales que sirven a cerca de 380,000 clientes medidos.
La transacción recibió todas las aprobaciones regulatorias federales y estatales necesarias, incluida la autorización antimonopolio de Hart-Scott-Rodino y las aprobaciones de las Comisiones de Servicios Públicos de Louisiana y Mississippi. Delta Utilities, con sede en Nueva Orleans, asumirá las operaciones y las responsabilidades del servicio al cliente en estas jurisdicciones.
Según el CEO Jason Wells, los ingresos de la venta ayudarán a financiar los planes de crecimiento a largo plazo de la empresa, centrándose en inversiones en seguridad, confiabilidad y resiliencia para los clientes y las comunidades.
CenterPoint Energy (NYSE: CNP)는 루이지애나와 미시시피의 천연가스 배급 유틸리티를 Bernhard Capital Partners의 자회사에 매각했습니다. 매각된 자산은 약 12,000마일의 주요 파이프라인을 포함하며, 약 380,000명의 계량 고객에게 서비스를 제공합니다.
이 거래는 Hart-Scott-Rodino 반독점 승인 및 루이지애나와 미시시피 공공 서비스 위원회의 승인을 포함하여 필요한 모든 연방 및 주 정부 규제 승인을 받았습니다. Delta Utilities는 뉴올리언스에 본사를 두고 있으며, 이러한 관할권에서 운영 및 고객 서비스 책임을 인수할 것입니다.
CEO 제이슨 웰스에 따르면, 판매 수익은 고객과 지역 사회를 위한 안전성, 신뢰성 및 회복력 투자에 중점을 두고 회사의 장기 성장 계획을 지원하는 데 도움이 될 것입니다.
CenterPoint Energy (NYSE: CNP) a finalisé la vente de ses services de distribution de gaz naturel en Louisiane et au Mississippi à des filiales de Bernhard Capital Partners. Les actifs vendus comprennent environ 12 000 miles de pipelines principaux servant environ 380 000 clients mesurés.
La transaction a reçu toutes les approbations réglementaires fédérales et étatiques nécessaires, y compris l'autorisation antitrust Hart-Scott-Rodino et les approbations des Commissions des Services Publics de Louisiane et du Mississippi. Delta Utilities, basé à La Nouvelle-Orléans, prendra en charge les opérations et les responsabilités du service client dans ces juridictions.
Selon le PDG Jason Wells, le produit de la vente contribuera à financer les plans de croissance à long terme de l'entreprise, en mettant l'accent sur les investissements en matière de sécurité, de fiabilité et de résilience pour les clients et les communautés.
CenterPoint Energy (NYSE: CNP) hat den Verkauf seiner Erdgasverteilungsunternehmen in Louisiana und Mississippi an Tochtergesellschaften von Bernhard Capital Partners abgeschlossen. Die verkauften Vermögenswerte umfassen etwa 12.000 Meilen Hauptpipeline, die rund 380.000 abgerechnete Kunden bedienen.
Die Transaktion erhielt alle erforderlichen bundesstaatlichen und staatlichen Genehmigungen, einschließlich der Hart-Scott-Rodino-Wettbewerbsfreigabe und Genehmigungen von den Public Service Commissions von Louisiana und Mississippi. Delta Utilities, mit Sitz in New Orleans, wird die Betriebs- und Kundendienstverantwortung in diesen Jurisdiktionen übernehmen.
Laut CEO Jason Wells werden die Erlöse aus dem Verkauf dazu beitragen, die langfristigen Wachstumspläne des Unternehmens zu finanzieren, wobei der Schwerpunkt auf Investitionen in Sicherheit, Zuverlässigkeit und Resilienz für Kunden und Gemeinschaften liegt.
- Sale completion streamlines operations and focuses business portfolio
- Transaction proceeds support funding for long-term growth investments
- All regulatory approvals obtained successfully
- Loss of revenue stream from 380,000 metered customers
- Reduction in operational scale and market presence in two states
The transaction received all federal and state regulatory approvals necessary to complete the sale, including Hart-Scott-Rodino antitrust clearance and from the Louisiana Public Service Commission and the Mississippi Public Service Commission. Delta Utilities will immediately assume responsibility for serving CenterPoint Energy's former customers in
CenterPoint President and CEO Jason Wells said, “I would like to thank our
Wells added, “The sales proceeds from this transaction support the efficient funding of what we believe is one of the most tangible long-term growth plans in the industry. We will continue to optimize the funding of our capital investments to support safety, reliability and resiliency for the benefit of our customers and communities.”
About CenterPoint Energy, Inc.
As the only investor-owned electric and gas utility based in
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Source: CenterPoint Energy, Inc.
FAQ
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