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Baker Botts Represents CenterPoint Energy, Inc. in $1 Billion At-the-Market Program

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HOUSTON, May 18, 2026 – Baker Botts L.L.P., a leading international energy, technology, and life sciences law firm, represented CenterPoint Energy, Inc. (“CenterPoint”) (NYSE: CNP) as it entered into an Equity Distribution Agreement with sixteen financial institutions and their affiliates or agents in connection with the commencement of a new at-the-market (“ATM”) offering program. Under the program, CenterPoint may offer and sell from time to time shares of its common stock having an aggregate gross sales price of up to $1 billion through the managers or pursuant to forward sale agreements. 

The 2026 ATM program replaces CenterPoint’s previous $500 million ATM program established in 2024. CenterPoint intends to use the net proceeds from any sales of common stock for general corporate purposes, which may include, among other things, the capital expenditure programs of its operating subsidiaries and the repayment of borrowings under its commercial paper program.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas.

Baker Botts represented CenterPoint Energy in the transaction and has represented CenterPoint Energy and its predecessors for over 100 years.

Baker Botts Lawyers/Office Involved:

Corporate: Tim Taylor (Partner, Houston); Clint Rancher (Partner, Houston); Rob Cowan (Senior Associate, Austin); Sarah Dyer (Associate, Houston); Jack Hennessy (Associate, Houston).

Finance/Derivatives: Evan Koster (Partner, New York).

Tax: Josh Mandell (Partner, Dallas); Renn Neilson (Partner, Houston); Jared Meier (Senior Associate, Houston).

 

ABOUT BAKER BOTTS L.L.P.
Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit bakerbotts.com.

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