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✉news BusinessBusiness first seen 6 h ago, last 4 h ago, peak #11

CenterPoint Energy sells Ohio natural gas business for $2.62 billion

Original: CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion

CenterPoint Energy has completed the sale of its Ohio natural gas business to National Fuel Gas Company in a transaction valued at $2.62 billion. The deal transfers CenterPoint's Ohio gas utility operations to the New York-based energy company, marking a significant portfolio move as CenterPoint continues to reshape its assets around its core electric and gas markets.

Why now: A major $2.62 billion utility deal has just closed, drawing attention from energy-sector investors and regulators.

CenterPoint EnergyNational Fuel Gas CompanyOhio

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