CenterPoint Energy

CenterPoint Energy Names David J. Lesar President and CEO

Tuesday, June 30, 2020 - 11:48pm

HOUSTON, June 30, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that its Board of Directors has appointed David J. Lesar as President and Chief Executive Officer, effective July 1, 2020.

Key Points: 
  • HOUSTON, June 30, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that its Board of Directors has appointed David J. Lesar as President and Chief Executive Officer, effective July 1, 2020.
  • He succeeds John W. Somerhalder II, who has served as interim president and chief executive officer of CenterPoint Energy since February 2020 and a director since 2016.
  • After a thorough search process that included external candidates, we are delighted to have found that leader in Dave Lesar and welcome him as our next president and CEO.
  • "CenterPoint Energy is a backbone, supporting economic vitality in the state of Texas and the other states it serves.

CenterPoint Energy, Inc. to Host Webcast of Second Quarter 2020 Earnings Conference Call

Wednesday, June 17, 2020 - 10:30pm

Time: 10:00 a.m. Central time or 11:00 a.m. Eastern time

Key Points: 
  • Time: 10:00 a.m. Central time or 11:00 a.m. Eastern time
    Click "Investors", and click the link "CenterPoint Energy, Inc.Second Quarter 2020Earnings Conference Call Webcast"
    Headquartered in Houston, Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission & distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas.
  • CenterPoint Energys competitive energy businesses include energy-related services, energy efficiency and sustainability solutions, and owning and operating intrastate natural gas pipeline systems that help fund utility operations.
  • With approximately 9,600 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
  • For more information, visit CenterPointEnergy.com .

Willdan Wins Xcel Energy and CenterPoint Energy, Inc. Energy Design Assistance Program

Tuesday, May 19, 2020 - 1:00pm

Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected by Xcel Energy and CenterPoint Energy, Inc. to continue implementing the Energy Design Assistance (EDA) Program serving Minnesota, building on 25 consecutive years implementing this program.

Key Points: 
  • Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected by Xcel Energy and CenterPoint Energy, Inc. to continue implementing the Energy Design Assistance (EDA) Program serving Minnesota, building on 25 consecutive years implementing this program.
  • The EDA program provides commercial building owners within Xcel Energy and CenterPoint Energy, Inc.s service territory with energy expertise to encourage energy-efficient building design and construction.
  • The program uses Willdans real-time energy modeling software, Net Energy Optimizer (NEO), to allow project teams to visualize the effects of energy efficiency measures during collaborative stakeholder meetings.
  • Helping our customers become more energy efficient is one of the ways well reach our goal and vision, and we look forward to continuing our work with the Willdan Group on the Energy Design Assistance Program.

CenterPoint Energy Announces Landmark Actions: Significant Equity Investment, New Board Directors and New Board Committee

Thursday, May 7, 2020 - 11:35am

With the significant equity investment announced today, CenterPoint Energy has strengthened its financial position and provided additional certainty to stakeholders.

Key Points: 
  • With the significant equity investment announced today, CenterPoint Energy has strengthened its financial position and provided additional certainty to stakeholders.
  • CenterPoint Energy has also bolstered its Board composition with the appointment of two new highly qualified directors, David J. Lesar and Barry T. Smitherman, bringing the total number of directors on the Board to 10.
  • New Business Review and Evaluation Committee of the Board; Investor Day
    In addition to the new director appointments, the Board has formed a new Business Review and Evaluation Committee of the Board (the "Committee").
  • The Committee will be comprised of five members, including current Board directors Martin Nesbitt and Phillip Smith, and new Board directors David Lesar (who will chair the Committee) and Barry Smitherman.

Accelerated Innovations and MyMeter® Continue to Help US Cities Meet Energy Efficiency Ordinances

Wednesday, April 29, 2020 - 11:00am

Through our partnership with Accelerated Innovations, we have built an online portal that is fast, free, and easy to use, allowing the customer to access information that will help them improve the energy efficiency and quality of their building," says Emma Ingebretsen, Sr. Energy Efficiency Program Administrator at CenterPoint Energy.

Key Points: 
  • Through our partnership with Accelerated Innovations, we have built an online portal that is fast, free, and easy to use, allowing the customer to access information that will help them improve the energy efficiency and quality of their building," says Emma Ingebretsen, Sr. Energy Efficiency Program Administrator at CenterPoint Energy.
  • CenterPoint Energy is Minnesota's largest natural gas utility, serving more than 860,000 residential and business customers in Minneapolis and 260 other communities in the state.
  • Minneapolis was one of the first cities to have established what is known as an Energy Benchmarking and Transparency ordinance for commercial buildings in 2015.
  • MyMeter's ENERGY STAR Portfolio Manager integration streamlines this process to make it easy for businesses to meet the requirements of this ordinance.

CenterPoint Energy reports 2020 annual shareholder meeting results

Friday, April 24, 2020 - 9:40pm

HOUSTON, April 24, 2020 /PRNewswire/ --CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2020annual meeting held today.

Key Points: 
  • HOUSTON, April 24, 2020 /PRNewswire/ --CenterPoint Energy, Inc. (NYSE: CNP) announced the results of the voting by shareholders at its 2020annual meeting held today.
  • Headquartered in Houston, Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in more than 30 states.
  • CenterPoint Energy's competitive energy businesses include natural gas marketing and energy-related services; energy efficiency and sustainability solutions; and owning and operating intrastate natural gas pipeline systems.
  • With approximately 9,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

CenterPoint Energy announces interim CFO transition

Thursday, April 2, 2020 - 11:20am

An over 30-year veteran of CenterPoint Energy and its predecessor companies, Colvin has served as senior vice president and chief accounting officer since September 2014.

Key Points: 
  • An over 30-year veteran of CenterPoint Energy and its predecessor companies, Colvin has served as senior vice president and chief accounting officer since September 2014.
  • Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states.
  • CenterPoint Energy's competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas.
  • With approximately 14,000 employees and nearly $35 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

CenterPoint Energy announces measures to strengthen financial position in response to Enable distribution reduction

Thursday, April 2, 2020 - 3:00am

HOUSTON, April 1, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced a series of measures to strengthen its financial position and provide multi-year flexibility as to equity issuances.

Key Points: 
  • HOUSTON, April 1, 2020 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced a series of measures to strengthen its financial position and provide multi-year flexibility as to equity issuances.
  • In a separate news release issued earlier today, Enable Midstream Partners, LP (Enable) announced a 50% distribution reduction for common units, representing limited partner interests in Enable.
  • Given CenterPoint Energy's 53.7% ownership of the outstanding common units of Enable, this decrease is expected to reduce distributions to CenterPoint Energy by approximately $155 million per year on an annualized basis.
  • CenterPoint Energy continues to be committed to providing its customers with safe and reliable service during the current COVID-19 situation.

CenterPoint Energy, Inc. to Host Webcast of First Quarter 2020 Earnings Conference Call

Wednesday, April 1, 2020 - 10:30pm

Time: 10:00 a.m. Central time or 11:00 a.m. Eastern time

Key Points: 
  • Time: 10:00 a.m. Central time or 11:00 a.m. Eastern time
    Click "Investors", and click the link "CenterPoint Energy, Inc. First Quarter 2020Earnings Conference call Webcast"
    Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states.
  • Through its electric transmission & distribution, power generation and natural gas distribution businesses, the company serves more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma and Texas.
  • CenterPoint Energys competitive energy businesses include natural gas marketing and energy-related services; energy efficiency, sustainability and infrastructure modernization solutions; and construction and repair services for pipeline systems, primarily natural gas.
  • With approximately 14,000 employees and approximately $35 billion in assets, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.

CenterPoint Energy encourages safety awareness during National Safe Digging Month

Wednesday, April 1, 2020 - 11:30am

HOUSTON, April 1, 2020 /PRNewswire/ --As companies and communities adjust how we work and live in the quickly changing environment impacted by the coronavirus (COVID-19), CenterPoint Energy will continue to partner with the Common Ground Alliance to commemorate April as National Safe Digging Month and encourage customers to follow safe digging practices.

Key Points: 
  • HOUSTON, April 1, 2020 /PRNewswire/ --As companies and communities adjust how we work and live in the quickly changing environment impacted by the coronavirus (COVID-19), CenterPoint Energy will continue to partner with the Common Ground Alliance to commemorate April as National Safe Digging Month and encourage customers to follow safe digging practices.
  • Safe digging practices not only prevent damage and service interruptions for underground utilities like natural gas, electric and water, but also help keep those doing the work safe.
  • If you see CenterPoint Energy crews or CenterPoint Energy contractors performing work, please avoid approaching them and continue to practice social distancing.
  • Headquartered in Houston, Texas, CenterPoint Energy, Inc. is an energy delivery company with regulated utility businesses in eight states and a competitive energy businesses footprint in nearly 40 states.