CenterPoint Energy, Inc. has sold its Ohio natural gas distributor, netting billions of dollars in return. According to the company, the sale will include Vectren Energy Delivery of Ohio, a ...
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CenterPoint Energy to sell Ohio natural gas business to National Fuel Gas in $2.6B deal
CenterPoint Energy (NYSE:CNP) said Tuesday it agreed to sell its Ohio natural gas local distribution company business, Vectren Energy Delivery of Ohio, to National Fuel Gas (NYSE:NFG) for $2.62 ...
The sale price represents a 1.9x multiple of the 2024 Ohio LDC rate base. Additionally, it values the deal at approximately 1.6 times the estimated 2026 rate base of $1.6 billion. The transaction ...
Electricity and natural gas services are becoming increasingly expensive on a national scale. In the Miami Valley, the electric company AES Ohio and electricity and gas provider CenterPoint Energy are ...
CenterPoint Energy announced the sale of its Ohio natural gas business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company for $2.62 billion. [DOWNLOAD: Free WHIO-TV News app for alerts as ...
Pipe laid out in Central Indiana farmland on its way to Ohio in 2008. The $5 billion project was built to move natural gas from the Rocky Mountains to Ohio. Jim Noelker/Dayton Daily News Staff Writer ...
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