M&A Deal Summary |
|
|---|---|
| Date | 2024-02-20 |
| Target | CenterPoint Energy - Louisiana & Mississippi Natural Gas Distribution Operations |
| Sector | Utilities |
| Buyer(s) | Delta Utilities |
| Sellers(s) | CenterPoint Energy |
| Deal Type | Divestiture |
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Delta Utilities provides natural gas services, based in New Orleans, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Utilities) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1866 |
| Sector | Utilities |
| Employees | 8,986 |
| Revenue | 9.3B USD (2022) |
CenterPoint Energy is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. CenterPoint Energy owns and operates natural gas distribution systems. CenterPoint also offers variable and fixed-price physical natural gas supplies primarily to commercial and industrial customers and gas utilities. CenterPoint Energy was incorporated in 1866 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector (Utilities) | 3 of 3 |
| Type (Divestiture) | 5 of 5 |
| Country (United States) | 5 of 5 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-29 |
CenterPoint Energy - Arkansas & Oklahoma Gas Distribution Assets
Houston, Texas, United States CenterPoint’s Arkansas and Oklahoma gas distribution systems serve approximately 525,000 customers and include 17,000 miles of gas main pipeline across Arkansas, Oklahoma, and Texarkana, Texas. |
Sell | $2.2B |
