CenterPoint Energy Completes Continuous Offering Program for Common Stock
HOUSTON, June 30, 2009 /PRNewswire via COMTEX News Network/ -- HOUSTON, June 30 /PRNewswire-FirstCall/ -- CenterPoint Energy, Inc. (NYSE: CNP) announced that it has completed its previously announced continuous offering program for its common stock, selling a total of 14,250,958 shares. The shares were sold through its agent, Citigroup Global Markets Inc., or Citi, under the equity distribution agreement, dated February 25, 2009, between the two companies. The gross proceeds from the sales of the shares, before payment of commissions and other expenses, were approximately $150 million. Sales were made from May 8, 2009 through June 26, 2009.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. Assets total nearly $19 billion. With about 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 130 years. For more information, visit the Web site at www.CenterPointEnergy.com.
For more information contact Media: Leticia Lowe Phone 713.207.7702 Investors: Marianne Paulsen Phone 713.207.6500
SOURCE CenterPoint Energy, Inc.
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