CenterPoint Energy Sells Ohio Natural Gas Business to National Fuel for $2.62 Billion
Reuters
Oct 21, 2025
CenterPoint Energy Sells Ohio Natural Gas Business to National Fuel for $2.62 Billion
CenterPoint Energy Inc. will sell its Ohio natural gas business, Vectren Energy Delivery of Ohio, LLC, to National Fuel Gas Company for $2.62 billion. The transaction involves approximately 5,900 miles of transmission and distribution pipeline serving about 335,000 customers in West Central Ohio. CenterPoint expects to receive $1.42 billion in proceeds in 2026 and the remaining $1.20 billion in 2027 through a seller note. The deal is expected to close in the fourth quarter of 2026. Company leadership expressed appreciation for employees and emphasized that the sale supports a strategy to focus on its core utility operations in Texas, Indiana, and Minnesota.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CenterPoint Energy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251021642576) on October 21, 2025, and is solely responsible for the information contained therein.
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