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On the Record · Centerpoint Energy

Centerpoint Energy acquisitions, on the record

The businesses Centerpoint Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Energy Systems Group
Word for word“On May 21, 2023, Vectren Energy Services entered into an Equity Purchase Agreement to sell all of the outstanding limited liability company interests of Energy Systems Group to ESG Holdings Group, for a purchase price of $157 million, subject to customary adjustments set forth in the Equity Purchase Agreement, including adjustments based on Energy Systems Group’s net working capital at closing, indebtedness, cash and cash equivalents and transaction expenses.” 10-K for 2023
agreed divestitureOn May 21, 2023$157 million
Louisiana and Mississippi natural gas local distribution company businesses
Word for word“On February 19, 2024, CenterPoint Energy, through its subsidiary CERC Corp., entered into the LAMS Asset Purchase Agreement to sell its Louisiana and Mississippi natural gas local distribution company businesses.” 10-K for 2023
agreed divestitureOn February 19, 2024—
Enable Midstream Partners, LP
Word for word“Enable Merger The merger of Elk Merger Sub with and into Enable and the merger of Elk GP Merger Sub with and into Enable GP, in each case on the terms and subject to the conditions set forth in the Enable Merger Agreement, with Enable and Enable GP surviving as wholly-owned subsidiaries of Energy Transfer, which closed on December 2, 2021.” 10-K for 2023
mergerwhich closed on December 2, 2021—
Vectren
Word for word“Merger The merger of Merger Sub with and into Vectren on the terms and subject to the conditions set forth in the Merger Agreement, with Vectren continuing as the surviving corporation and as a wholly-owned subsidiary of CenterPoint Energy, Inc., which closed on the Merger Date Merger Agreement Agreement and Plan of Merger, dated as of April 21, 2018, among CenterPoint Energy, Vectren and Merger Sub Merger Date February 1, 2019 Merger Sub Pacer Merger Sub, Inc., an Indiana corporation and wholly-owned subsidiary of CenterPoint Energy” 10-K for 2023
mergerMerger Date February 1, 2019—
Vectren Energy Delivery of Ohio, LLC (VEDO) and Indiana Gas
Word for word“Restructuring CERC Corp.’s common control acquisition of Indiana Gas and VEDO from VUH on June 30, 2022” 10-K for 2023
acquisitionon June 30, 2022—
Louisiana and Mississippi natural gas LDC businesses
Word for word“On February 19, 2024, CenterPoint Energy, through its subsidiary CERC Corp., entered into the LAMS Asset Purchase Agreement to sell its Louisiana and Mississippi natural gas LDC businesses.” 10-K for 2024
agreed divestitureFebruary 19, 2024—
Posey Solar, LLC
Word for word“On March 7, 2025, SIGECO acquired 100% of the equity interests in Posey Solar, which was constructing a 191 MW solar array in Posey County, Indiana, for approximately $357 million.” 10-K for 2025
acquisitionOn March 7, 2025approximately $357 million
CEOH
Word for word“On October 20, 2025, CenterPoint Energy, through its subsidiary CERC Corp., entered into the Ohio Securities Purchase Agreement to sell all of the issued and outstanding equity interests in CEOH for total consideration of approximately $2.62 billion, which is comprised of the following: (i) $1.42 billion in cash payable to CERC Corp. upon closing of the transaction, subject to adjustments as set forth in the Ohio Securities Purchase Agreement, including adjustments based on net working capital, regulatory assets and liabilities and capital expenditures at closing of the transaction; and (ii) a 364-day seller promissory note, in the original principal amount of $1.2 billion, to be issued by NFGC at the closing of the transaction and payable to CERC Corp. as provided by the terms and conditions of the Seller Note Agreement.” 10-K for 2025
agreed divestitureOn October 20, 2025approximately $2.62 billion
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$102 million—$22 million
2017-12-31$132 million—$5 million
2018-12-31$0$0—
2019-12-31$5.99 billion$0$0
2020-12-31$0$1.22 billion—
2021-12-31$0$22 million—
2022-12-31—$2.08 billion—
2023-12-31—$144 million—
2024-12-31—$0—
2025-12-31—$1.22 billion—

Deal filings since 2016

Read from Centerpoint Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.