Centerpoint Energy Announces Completion Of Vuhi Restructuring To Enable More Efficient Funding Of Capital Investments For The Benefit Of Customers
Jul 05, 2022•about 3 years ago
Description
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced it has achieved the final milestone in realigning its corporate structure after its acquisition of Vectren Corporation in 2019 to fund future capital investments more efficiently and better align with the company’s management and financial reporting. Included in the transaction was a successful exchange of $302 million Vectren Utility Holdings, Inc. (VUHI) private placement notes for new private placements notes issued by CenterPoint Energy Resources Corp
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