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CenterPoint Energy to Sell Ohio Gas Distribution Unit for $2.62 Billion

The Wall Street Journal•Tuesday, October 21, 2025 at 11:19:00 AM
PositiveFinancial Markets
CenterPoint Energy to Sell Ohio Gas Distribution Unit for $2.62 Billion
CenterPoint Energy is making a significant move by selling its Ohio gas distribution unit to National Fuel Gas for $2.62 billion. This deal not only highlights the ongoing consolidation in the energy sector but also allows CenterPoint to focus on its core operations while providing National Fuel Gas with an expanded footprint in the region. Such transactions are crucial as they reflect the evolving landscape of energy distribution and the strategic decisions companies make to enhance their market positions.
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