Form 8-K · Current report
CenterPoint Energy 8-K, filed Oct 1, 2026
- Filed
- CIK
- 0001130310
- Accession no.
- 0001104659-26-112565
Summary
CenterPoint Energy completed the previously announced $2.62 billion sale of its Ohio natural gas local distribution subsidiary Vectren Energy Delivery of Ohio to National Fuel Gas Company on October 1, 2026, receiving $1.42 billion in cash and a $1.20 billion promissory note. Chief Executive Jason Wells said the proceeds will help fund CenterPoint's $66.7 billion ten-year capital plan.
Key points
- The divested business includes roughly 5,900 miles of gas transmission and distribution pipeline serving about 335,000 metered customers in West Central Ohio.
- The $1.20 billion seller promissory note bears 6.50% annual interest and matures September 30, 2027.
- The transaction received all required federal and state approvals, including review by the Public Utilities Commission of Ohio, and National Fuel Gas immediately assumed service for the former Ohio customers.
- CenterPoint Energy Resources Corp. sold all outstanding equity interests in Vectren Energy Delivery of Ohio under a purchase agreement dated October 20, 2025.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.01Completion of Acquisition or Disposition of Assets
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.01 Completion of Acquisition or Disposition of Assets. On October 1, 2026 (the “Closing Date”), CenterPoint Energy Resources Corp., a Delaware corporation (“Seller”) and a wholly owned, indirect subsidiary of CenterPoint Energy, Inc. (the “Company”), completed the previously announced sale of all of the issued and outstanding equity interests in Vectren Energy Delivery of Ohio, LLC, an Ohio limited liability company (“VEDO”), pursuant to the Securities Purchase Agreement, dated as of October 20, 2025 (the “Purchase Agreement”), by and between Seller and National Fuel Gas Company, a New Jersey corporation (“Buyer”), for $2.62 billion (the “Purchase Price”), subject to adjustment as…
An excerpt of the text as filed with the SEC, cut for length.
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