CenterPoint Energy Ramps Up Pipeline Efforts, Eyes Vectren Buy as Demand Flattens
Attachment: CenterPoint, 1Q18
SUGAR LAND--May 7, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Higher costs and lower demand have been troubling many U.S. utilities and their holding companies, and CenterPoint Energy Incorporated (NYSE:CNP) (Houston, Texas) is no exception. With public and private energy-efficiency measures and other factors reducing power consumption, CenterPoint proposed last month to expand its reach with the acquisition of Vectren Corporation (NYSE:VVC) (Evansville, Indiana). Industrial Info is tracking nearly $1.3 billion in active projects from CenterPoint and more than $1 billion from Vectren.
Within this article: Details on some of the highest-valued projects involving CenterPoint and Vectren, including two major pipeline projects in Oklahoma and a transmission project in Texas.
