Announced
Completed
Synopsis
Energy Capital Partners, a private equity and credit investor specializing in energy infrastructure projects, completed the acquisition of the services business of CenterPoint Energy, an energy delivery company, for $400m. "We are pleased to have completed this transaction as we continue to focus on the long-term performance of our core electric and natural gas utility businesses. We appreciate CenterPoint Energy Services' contribution to our business and feel confident that ECP is the right company to continue growing CES, now Symmetry Energy Solutions, and position it for long-term success," John W. Somerhalder II, CenterPoint Energy President and CEO.
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