CenterPoint Energy

CenterPoint Energy Announces Leadership Succession

Retrieved on: 
Thursday, October 26, 2023
Energy, Utilities, Oil, Gas, CenterPoint Energy, Safety, Growth, Chairperson, NYSE, Partnership, CNP, Centerpoint, Management

CenterPoint Energy, Inc. (NYSE: CNP) today announced a leadership transition that helps position the company to continue driving sustainable value for customers, communities, investors and employees.

Key Points: 
  • CenterPoint Energy, Inc. (NYSE: CNP) today announced a leadership transition that helps position the company to continue driving sustainable value for customers, communities, investors and employees.
  • The Board has unanimously appointed Jason P. Wells, CenterPoint Energy President and Chief Operating Officer, to become President and Chief Executive Officer and a member of the Board of Directors, effective January 5, 2024.
  • “Today’s announcement reflects the Board’s longstanding and robust leadership succession planning and stakeholder engagement process.
  • I am honored to lead the exceptional and dedicated team at CenterPoint Energy that puts customers and communities at the forefront of all we do.

The 2023 UNCF Walk for Education Presented by Shell USA, Inc. Achieves Phenomenal Success

Retrieved on: 
Tuesday, October 10, 2023
Yogurt, Shipley, UNCF, Education, Omega Psi Phi, Enterprise Holdings, City, CenterPoint Energy, Boeing, Radio, Juice Boxx, Caffeine, Shell USA, Coffee, Volunteering, Shell, Houston Astros, Starbucks, Nightclub

Houston, TX, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The 2023 UNCF Walk for Education, proudly presented by Shell USA, Inc., concluded with resounding success on Saturday, Sept. 9, 2023.

Key Points: 
  • Houston, TX, Oct. 10, 2023 (GLOBE NEWSWIRE) -- The 2023 UNCF Walk for Education, proudly presented by Shell USA, Inc., concluded with resounding success on Saturday, Sept. 9, 2023.
  • The morning was filled with a vibrant atmosphere as attendees engaged with sponsors and vendors before and after the walk.
  • Though the 2023 UNCF Walk for Education has concluded, the mission continues.
  • UNCF is still accepting donations for this year's walk until Oct. 31, 2023, at www.UNCF.org/southtxwalk .

CenterPoint Energy Appoints New Board Members Thaddeus J. Malik and Ricky A. Raven

Retrieved on: 
Tuesday, October 3, 2023
Allstate, Senior, Electricity, Risk management, Cummings, CNP, CenterPoint Energy, Natural gas, NYSE, Independent, Management, Thad

With the appointments of Malik and Raven, CenterPoint Energy's Board is now composed of 11 directors, 10 of whom are independent.

Key Points: 
  • With the appointments of Malik and Raven, CenterPoint Energy's Board is now composed of 11 directors, 10 of whom are independent.
  • "The decision to expand our Board of Directors with the additions of Thad and Ricky reflects our ongoing commitment to anchor the Board with directors who have outstanding corporate governance backgrounds," said Earl M. Cummings, Independent Chair of the Board.
  • Malik said, "CenterPoint Energy serves an immensely important role in supporting communities by delivering electricity and natural gas to millions of customers across six states, and I am honored to join the Board.
  • As a CenterPoint Energy customer, I have long admired the critically important work and services the company provides to its customers and communities."

CenterPoint Energy, Inc. to Host Webcast of Third Quarter 2023 Earnings Conference Call

Retrieved on: 
Monday, October 2, 2023
CNP, CenterPoint Energy, Conference, NYSE

Time:  7:00 a.m. Central time or 8:00 a.m. Eastern time

Key Points: 
  • Time:  7:00 a.m. Central time or 8:00 a.m. Eastern time
    Click "Investors", and click the link "CenterPoint Energy, Inc. Third Quarter 2023 Earnings Conference Call"
    As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas.
  • As of March 31, 2023, the company owned approximately $38 billion in assets.
  • With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
  • For more information, visit CenterPointEnergy.com.

Leading Renewables Developer Arevon Selects Bechtel to Deliver Its Newest Solar Project

Retrieved on: 
Monday, September 11, 2023
Bechtel, CenterPoint Energy, GDP, National Junior College Athletic Association, History, Engineering, Renewable energy

The new solar facility is expected to produce enough clean energy to power more than 25,000 Indiana homes.

Key Points: 
  • The new solar facility is expected to produce enough clean energy to power more than 25,000 Indiana homes.
  • "We are thrilled to work with both Arevon and CenterPoint Energy to deliver a transformational renewable energy project to the people of Indiana," said Scott Austin, Bechtel's General Manager of Renewables & Clean Power.
  • Bechtel will lead and deliver the turnkey solar project, including engineering, procurement, construction, commissioning, and project management.
  • Bechtel will also engage the regional supply chain in Indiana and the surrounding states during the execution of the project.

CenterPoint Energy appoints new Independent Board Chair

Retrieved on: 
Tuesday, August 22, 2023
Professional Football Compensation Committee, Audit, CNP, Government, CenterPoint Energy, Biophysical environment, NYSE, Independent Board for Presbyterian Foreign Missions, Management

HOUSTON, Aug. 21, 2023 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced that the company's Board of Directors has appointed Earl M. Cummings as its Independent Board Chair. Mr. Cummings has served as an Independent Director of CenterPoint Energy's Board of Directors since 2020. During that time, he has also served as the Chair of the Governance, Environmental and Sustainability Committee, as well as a member of the Audit and Compensation Committees.

Key Points: 
  • HOUSTON, Aug. 21, 2023 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced that the company's Board of Directors has appointed Earl M. Cummings as its Independent Board Chair.
  • Mr. Cummings has served as an Independent Director of CenterPoint Energy's Board of Directors since 2020.
  • Mr. Cummings succeeds Martin H. Nesbitt, who served as Independent Board Chair since July 2021.
  • Mr. Cummings said, "I feel privileged to take on the role of Independent Chair of the Board at such an exciting time for our company.

EPRI Launches Collaborative Initiative to Support Widescale National EV Rollout

Retrieved on: 
Monday, August 7, 2023
Sustainable transport, U.S. Department of Energy, Office of Inspector General, Daimler Truck North America, Xcel Energy, Partnership, EV, Great River Energy, U.S. Department of Defense Strategy for Operating in Cyberspace, Consolidated Edison, Edison Electric Institute, FirstEnergy, National Rural Electric Cooperative Association, PALO, EPRI, Transport, Carbon, DOE, Primary energy, American Public Power Association, Government, Southern Company, EVS, Amazon, Sacramento Municipal Utility District, PACCAR, Portland General Electric, CenterPoint Energy, Pacific Gas and Electric Company, National Grid, Investment, New York Power Authority, Seattle City Light, Knowledge, Vehicle registration plates of Nepal, World Resources Institute, Austin Energy, Omaha Public Power District, Renewable energy

PALO ALTO, Calif., Aug. 7, 2023 /PRNewswire/ -- Industry and U.S. government goals continue to drive the volume of electric vehicles (EVs) on the nation's roads—from cars to heavy-duty trucks. EPRI is leading a new, three-year initiative—EVs2Scale2030™ —that will collaborate with more than 500 stakeholders including Amazon, the U.S. Department of Energy, and leading electric companies to ready the electric grid in support of the accelerated development of EV charging infrastructure.

Key Points: 
  • EPRI is leading a new, three-year initiative—EVs2Scale2030™ —that will collaborate with more than 500 stakeholders including Amazon, the U.S. Department of Energy, and leading electric companies to ready the electric grid in support of the accelerated development of EV charging infrastructure.
  • Amazon is the first logistics provider to join the initiative.
  • "Collaboration, coordination, and standardization will be critical for the U.S. to meet its 2030 EV targets," said EPRI President and CEO Arshad Mansoor.
  • "From wires to wheels and everything in between, consumers need to have confidence in EV charging availability, reliability, and affordability, without compromising current energy resources.

CenterPoint Energy, Inc. Announces Pricing of Offering of $900 Million of 4.25% Convertible Senior Notes Due 2026

Retrieved on: 
Wednesday, August 2, 2023
Energy, Utilities, Oil, Gas, Note, Centerpoint, SEC Rule 144A, Debt-to-GDP ratio, Person, CNP, Electric Bond and Share Company v. Securities and Exchange Commission, Sale, CenterPoint Energy, Risk, Security (finance), NYSE

In addition, CenterPoint Energy also granted the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.

Key Points: 
  • In addition, CenterPoint Energy also granted the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.
  • The convertible notes will be senior, unsecured obligations of CenterPoint Energy.
  • The convertible notes will mature on August 15, 2026, unless earlier converted or repurchased.
  • Prior to May 15, 2026, the convertible notes will be convertible only upon the occurrence of certain events and during certain periods.

CenterPoint Energy, Inc. Announces Offering of $900 Million of Convertible Senior Notes Due 2026

Retrieved on: 
Tuesday, August 1, 2023
Energy, Utilities, Oil, Gas, Note, Centerpoint, SEC Rule 144A, Debt-to-GDP ratio, Person, CNP, Electric Bond and Share Company v. Securities and Exchange Commission, Sale, CenterPoint Energy, Risk, Security (finance), NYSE, Convertible

In addition, CenterPoint Energy intends to grant the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.

Key Points: 
  • In addition, CenterPoint Energy intends to grant the initial purchasers of the convertible notes in the offering the option to purchase up to an additional $100 million aggregate principal amount of convertible notes within a 13-day period beginning on, and including, the date on which the convertible notes are first issued.
  • The convertible notes will be senior, unsecured obligations of CenterPoint Energy.
  • The convertible notes will mature on August 15, 2026, unless earlier converted or repurchased.
  • Prior to May 15, 2026, the convertible notes will be convertible only upon the occurrence of certain events and during certain periods.

NMSI and University of Houston Receive Additional Grant from CenterPoint Energy Foundation to Extend Academy for First-year STEM Teachers

Retrieved on: 
Tuesday, July 18, 2023
Partnership, Food, University, Education, Comerica, Teaching, University of Houston–Downtown College of Sciences and Technology, National Math and Science Initiative, Creativity, Organization, CenterPoint Energy, Student, LTF, Transforming Teaching, Education & Learning, Lunch, Learning, Jewish Community Relations Council of Minnesota and the Dakotas, NMSI, STEM, Foreign policy, Tutoring, DALLAS

DALLAS and HOUSTON, July 18, 2023 /PRNewswire-PRWeb/ -- The CenterPoint Energy Foundation has awarded the National Math and Science Initiative (NMSI) and the University of Houston's teachHouston program an additional $85,000 to extend the New Teacher Academy. The funding is in addition to last year's initial grant of $100,000 and aims to address the ongoing challenges schools and districts face in recruiting and retaining STEM teachers. The New Teacher Academy provides comprehensive support to pre-service teachers graduating from the University of Houston, equipping them with the necessary tools and skills to thrive in their teaching careers.

Key Points: 
  • "CenterPoint Energy is proud to support the New Teacher Academy again this year, together with the National Math and Science Initiative and teachHouston.
  • The extended grant will allow the CenterPoint Energy New Teacher Academy to continue its mission of preparing first-year STEM teachers through various impactful initiatives.
  • "The continuation of CenterPoint Energy's generous grant will have a profound impact on the CenterPoint Energy New Teacher Academy," said Michelle Stie, Vice President of Teaching and Learning at NMSI.
  • For more information on how to support early-career STEM teachers in your community, contact NMSI or visit https://www.nms.org/ .