BUYERS:

Summit Utilities, Inc.

SELLERS:

CenterPoint Energy, Inc.

DETAILS:

COST: 2.15 $B

NOTES:
CenterPoint has signed a deal to sell its Arkansas and Oklahoma LDC business to Summit Utilities for $2.15 billion in cash, including the recovery of $425 million in cash costs tied to the February 2021 winter storm.

REGIONS:

South Central

Midcontinent