CenterPoint Energy announces sale of its Ohio Natural Gas Business to National Fuel Gas Company for $2.62 billion

Core Viewpoint - CenterPoint Energy, Inc. has announced the sale of its Ohio natural gas Local Distribution Company, Vectren Energy Delivery of Ohio, LLC, to National Fuel Gas Company for $2.62 billion, indicating a strategic move to streamline operations and focus on core business areas [1]. Group 1: Transaction Details - The sale price for Vectren Energy Delivery of Ohio, LLC is $2.62 billion [1]. - The assets involved in the transaction include approximately 5,900 miles of transmission and distribution pipeline in Ohio [1]. - The business serves approximately 335,000 metered customers in the region [1].