Deal Description: On September 17, 2025, CenterPoint Energy Restoration Bond Company II, LLC (the “Issuer”), a wholly owned subsidiary of CenterPoint Energy Houston Electric, LLC (“CenterPoint Houston”), closed its registered offering and sale of $401,521,000 aggregate principal amount of its Series 2025-A Senior Secured System Restoration Bonds (the “Bonds”).  The Bonds were issued pursuant to a financing order issued by the Public Utility Commission of Texas under the Texas Public Utility Regulatory Act and are secured by system restoration property consisting of the right to impose, collect and receive system restoration charges from retail electric providers serving all existing and future retail customers that take service at distribution voltage and are located within CenterPoint Houston’s certificated service area as it existed on the date the financing order was issued, and other entities which are required to bill, pay or collect system restoration charges under the terms of the financing order. The Bonds were offered pursuant to the Prospectus dated September 9, 2025.  

The net proceeds from the sale of the Bonds will be paid by the Issuer to CenterPoint Houston, and CenterPoint Houston will use the net proceeds to reduce its recoverable system restoration costs incurred from the impact of the May 2024 Houston Derecho and subsequent strong thunderstorms that caused extensive damage to the Houston area. 

Citigroup Global Markets Inc. and Barclays Capital Inc. served as Representatives of the underwriters. 

CenterPoint Houston provides electric transmission service to transmission service customers in the Electric Reliability Council of Texas region and distribution service to retail electric providers serving approximately 2.8 million metered customers in the Texas Gulf Coast area that includes the city of Houston.

Client: CenterPoint Energy Houston Electric, LLC

Outside Counsel to the Underwriters: Hunton Andrews Kurth LLP 

Value: $401,521,000

Baker Botts Lawyers/Office Involved:

• Corporate: Tim Taylor (Partner, Houston); Jamie Yarbrough (Partner, Houston); Clint Rancher (Partner, Houston); William Stutts (Senior Counsel, Austin); Rob Cowan (Associate, Austin); Sarah Dyer (Associate, Houston); Jack Hennessy (Associate, Houston) 
• Federal Income Tax: Michael Bresson (Partner, Houston); Jared Meier (Senior Associate, Houston); Andrew Maughan (Associate, Houston)
• Energy Regulatory: Jim Barkley (Partner, Houston); Patrick Leahy (Senior Associate, Austin)
• Litigation: Aaron Streett (Partner, Houston); Mark Little (Special Counsel, Houston); Matthew Hilderbrand (Senior Associate, Austin)
• State and Local Tax: Renn Neilson (Partner, Houston); Matthew Larsen (Partner, Dallas); Ben Geslison (Special Counsel, Houston)
• Executive Compensation and Benefits: Jason Loden (Partner, Dallas) 

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