CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion (Form 8-K)

CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion

HOUSTON - Oct. 1, 2026 - CenterPoint Energy, Inc. (NYSE: CNP) ("CenterPoint" or the "Company") today announced that it has successfully completed the previously announced $2.62 billion sale of its Ohio natural gas Local Distribution Company (LDC) business, Vectren Energy Delivery of Ohio, LLC, to National Fuel Gas Company (NYSE: NFG), which is headquartered in Western New York. The assets include approximately 5,900 miles of gas transmission and distribution pipeline serving approximately 335,000 metered customers in West Central Ohio.

The transaction received all required federal and state approvals necessary to complete the sale, including the completion of a review by the Public Utilities Commission of Ohio. National Fuel will immediately assume responsibility for serving CenterPoint's former Ohio natural gas customers.

"I would like to thank our Ohio natural gas employees and the many team members who support this business for their continued dedication to safety, customer service and operational excellence. Their commitment has helped build a strong local natural gas utility that has reliably served customers and communities across West Central Ohio for decades. We are committed to a smooth transition with National Fuel Gas for our Ohio customers," said CenterPoint Chair and Chief Executive Officer Jason Wells.

"We remain focused on executing our long-term strategy and investing in the electric and natural gas systems that serve the customers and communities across our core utility footprint. The proceeds from this transaction will help support the efficient funding of our $66.7 billion, 10-year capital plan and our continued efforts to enhance the resiliency and reliability or our infrastructure and facilitate economic growth during one of the most dynamic periods in our industry's history while helping keep bills as low as possible," Wells concluded.

CenterPoint has previously stated that proceeds from the transaction will support investments across its focused regulated utility footprint.

About CenterPoint Energy, Inc.

As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve nearly 7 million metered customers in Indiana, Minnesota and Texas. As of June 30, 2026, the Company owned approximately $48.3 billion in assets. With approximately 8,800 employees, CenterPoint and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

For Immediate Release