Deal Description: August 9, 2024 – CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint Energy”) completed its underwritten public offering of 9,754,194 shares of common stock, par value $0.01 per share (“Common Stock”), at a public offering price of $25.63 per share, for expected gross proceeds of approximately $250.0 million before deducting estimated offering expenses.

Barclays Capital Inc. and Citigroup acted as joint book-running managers and underwriters for the offering.

CenterPoint Energy intends to use the net proceeds from the offering for general corporate purposes, including repayment of a portion of its outstanding commercial paper. Proceeds from its commercial paper were used for general corporate purposes, including working capital purposes.

Client: CenterPoint Energy, Inc.

Value: $250.0 million

Baker Botts Lawyers/Office Involved:

• Corporate: Tim Taylor (Partner; Houston); Jamie Yarbrough (Partner; Houston); Clint Rancher (Partner; Houston); Michael Mazidi (Associate; Houston); Chandler Block (Associate; Houston)
• Tax: Michael Bresson (Partner; Houston); Jared Meier (Senior Associate; Houston)

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