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CenterPoint Energy sells Ohio natural gas business for $2.62 billion
Original: CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion
CenterPoint Energy has completed the sale of its Ohio natural gas business to National Fuel Gas Company in a transaction valued at $2.62 billion. The deal transfers CenterPoint's Ohio gas utility operations to the New York-based energy company, marking a significant portfolio move as CenterPoint continues to reshape its assets around its core electric and gas markets.
Why now: A major $2.62 billion utility deal has just closed, drawing attention from energy-sector investors and regulators.
CenterPoint EnergyNational Fuel Gas CompanyOhio
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- CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion · PR Newswire
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