8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 13, 2014

 

 

CENTERPOINT ENERGY, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Texas   1-31447   74-0694415

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1111 Louisiana

Houston, Texas

  77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

 

 

CENTERPOINT ENERGY RESOURCES CORP.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-13265   76-0511406

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1111 Louisiana

Houston, Texas

  77002
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


ITEM 8.01. OTHER EVENTS.

As previously reported, CenterPoint Energy, Inc. (“CenterPoint”) entered into a Master Formation Agreement (“MFA”) on March 14, 2013 with OGE Energy Corp. (“OGE”) and two affiliates of ArcLight Capital Partners, LLC (“ArcLight”), pursuant to which CenterPoint, OGE and ArcLight agreed to form Enable Midstream Partners, LP (“Enable”) to own and operate the midstream businesses of CenterPoint and OGE.

On May 13, 2014, pursuant to the MFA, CenterPoint exercised its put right with respect to a 24.95% interest in Southeast Supply Header, LLC (“SESH”). Pursuant to the put right, and after adjustment for the 1 for 1.279082616 reverse unit split effected by Enable in connection with its initial public offering, CenterPoint Energy Resources Corp., a Delaware corporation and wholly owned subsidiary of CenterPoint (“CERC”), will contribute a 24.95% interest in SESH to Enable in exchange for 6,322,457 common units representing limited partner interests in Enable. Subject to certain restrictions, if the fair market value of the contributed SESH interest is more or less than the value of the common units issued as consideration for the SESH interest, a cash payment may be required to be made by either Enable or CERC. The transaction is expected to close during the second quarter of 2014.

Forward-Looking Statements

This filing contains forward-looking statements. We caution you that assumptions, beliefs, expectations, intentions and projections about future events may and often do vary materially from actual results. Therefore, we cannot assure you that actual results will not differ materially from those expressed or implied by our forward-looking statements.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

        CENTERPOINT ENERGY, INC.
Date: May 14, 2014     By:  

/s/ Christopher J. Arntzen

      Christopher J. Arntzen
      Vice President, Deputy General Counsel and Assistant Corporate Secretary

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

        CENTERPOINT ENERGY RESOURCES CORP.
Date: May 14, 2014     By:  

/s/ Christopher J. Arntzen

      Christopher J. Arntzen
      Vice President, Deputy General Counsel and Assistant Secretary