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Added Apr 23 2018

The Houston company will have a combined 7 million customers, including CenterPoint's 2.4 million in the local area.

Original article
Date published
April 23, 2018
    Centerpoint to buy Midwest utility for $6 billion
    CenterPoint Energy plans to buy Indiana utility Vectren Corp. for $6 billion, expanding its electric power and natural gas operations into Indiana and Ohio, it said Monday. The Houston power company's deal to purchase Vectren's outstanding shares for $72 a piece will increase the value of CenterPoint's assets to $29 billion as it operates regulated utilities across eight states and other energy businesses in 40 states.

Posted to Greater Heights

This was posted to Greater Heights

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