Proposal would send all 15 large emergency generation units to the San Antonio region for two years starting in Spring 2025

Company would make no revenue or profit off the proposal to help ERCOT and the State; Greater Houston Area customer bills would be reduced starting in Spring 2025

HOUSTON, Dec. 19, 2024 /PRNewswire/ -- Today, CenterPoint Energy (CNP) proposed a solution to help the Electric Reliability Council of Texas (ERCOT) and the State of Texas to help offset the projected electricity supply shortfall starting in summer 2025 around the greater San Antonio region. CenterPoint has put forward a proposal to support ERCOT's and State's energy replacement needs while reducing Greater Houston Area customer bills beginning in Spring 2025.

Richard C. Leger appointed to lead CenterPoint Energy Gas business on a permanent basis

Bertha Villatoro elevated to Chief Human Resources Officer

Current CHRO Lynne Harkel-Rumford to retire

HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced several senior leadership changes which will take effect on January 1, 2025. Those changes include the appointments of Richard C. Leger as Senior Vice President of CenterPoint's multi-state Gas business and Bertha Villatoro as Senior Vice President and Chief Human Resources Officer. Leger has served in the current lead Gas role on an interim basis since July 2024. He will report to President & Chief Executive Officer Jason Wells. Villatoro will report to Executive Vice President and General Counsel Monica Karuturi.

HOUSTON, Dec. 16, 2024 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Dean Seavers, former President of National Grid U.S. and Executive Director of National Grid's parent company, to its Board of Directors, effective Dec. 31, 2024. Seavers brings a background of deep electric and gas utility experience to the Board as well as currently serving as a Senior Advisor for Stifel Financial. His appointment will fill a vacancy on the Board and he is expected to stand for election as a director at the company's annual meeting of shareholders in 2025.

HOUSTON, Dec. 13, 2024 /PRNewswire/ -- CenterPoint Energy, Inc.'s (NYSE: CNP) Board of Directors today declared a regular quarterly cash dividend of $0.2200 per share on the issued and outstanding shares of Common Stock payable on March 13, 2025 to shareholders of record at the close of business on February 20, 2025. This quarterly dividend represents a $0.010 increase over the prior quarter. This dividend growth rate aligns with the high end of the company's previously announced 6-8% non-GAAP earnings per share growth target.

Holiday campaign to include daily social media tips to keep friends, family and neighbors safe during the holiday season and to promote the importance of preparedness and safety for winter storm season

HOUSTON, Dec. 13, 2024 /PRNewswire/ -- As part of a company-wide effort to prepare for extreme weather and the 2025 winter storm season, CenterPoint Energy is launching a new "12 Days of Holiday Safety" campaign.

Actions throughout GHRI Phase Two include installation of stronger poles, clearance of more vegetation miles, undergrounding of more power lines and additional "self-healing" devices

When complete, GHRI Phase Two actions will improve reliability by saving customers more than 125 million fewer outage minutes annually.

HOUSTON, Dec. 12, 2024 /PRNewswire/ -- Today, as part of the second phase of its Greater Houston Resiliency Initiative (GHRI), CenterPoint Energy shared it latest monthly progress update with new resiliency milestones including the installation of approximately 7,060 stronger, storm-resilient total poles in the last three months.

CenterPoint shares regulatory declaration of winter readiness and completion of key actions to inspect and test equipment, strengthen the grid, and prepare for winter storm events

Company participated in joint exercise with the Electric Reliability Council of Texas and other utility partners to prepare for extreme cold-weather events

HOUSTON, Dec. 12, 2024 /PRNewswire/ -- Today, as part of its 2025 winter storm readiness efforts, CenterPoint Energy shared the completion of key actions to prepare for the coming winter season and mitigate potential impacts of extreme cold weather events. The pre-winter storm readiness actions CenterPoint is taking include: (1) inspecting and testing cold-weather critical equipment; (2) submitting a formal declaration of winter preparedness to regulatory oversight agencies; and (3) coordinating emergency plans with utility partners and grid operators, including a joint training exercise with the Electric Reliability Council of Texas (ERCOT).

The company filed a settlement agreement with the Minnesota Public Utilities Commission reached with intervenors on its 2023 rate case

MINNEAPOLIS, Nov. 25, 2024 /PRNewswire/ -- Today, CenterPoint Energy filed a settlement agreement with the Minnesota Public Utilities Commission (Commission) for its rate case submitted in November 2023, to adjust natural gas distribution service rates in 2024 and 2025. The company reached a settlement agreement with all intervening parties including: Minnesota Department of Commerce, Minnesota Office of Attorney General – Residential Utilities Division, Citizens Utility Board of Minnesota, International Union of Operating Engineers Local 49, LIUNA of Minnesota and North Dakota, and Suburban Rate Authority.

Company has installed or replaced nearly 4,600 stronger storm-resilient poles; cleared more than 800 miles of higher-risk vegetation; undergrounded more than 100 miles of power lines; and installed dozens of new, intelligent grid switching devices

HOUSTON, Nov. 19, 2024 /PRNewswire/ -- CenterPoint Energy today released the first of its public progress updates on the actions being taken throughout the Greater Houston 12-county area as part of Phase Two of its Greater Houston Resiliency Initiative (GHRI). In the first two months of the program, and in preparation for the 2025 hurricane season, CenterPoint has installed nearly 4,600 storm-resilient poles designed to better withstand extreme winds; installed more than 100 miles of power lines underground to reduce the impact of extreme weather; cleared more than 800 miles of hazardous vegetation to improve reliability; and installed more self-healing automation devices to help improve overall restoration times. CenterPoint is taking all of these actions and enhancements as part of the company's goal of building the most resilient coastal grid in the nation."This summer, we accomplished a significant level of increased system hardening in the first phase of the Greater Houston Resilience Initiative. Since then, as we have been fully engaged in delivering the additional set of actions in our second phase of GHRI, we continue to make significant progress as we work toward our ultimate goal of becoming the most resilient coastal grid in the country. Now, and in the months to come, we will remain laser-focused on completing these critical resiliency actions and building the more reliable and more resilient energy system our customers expect and deserve," said Darin Carroll, CenterPoint Energy Senior Vice President of CenterPoint Energy's Electric Business.GHRI Phase Two: Progress UpdateCenterPoint announced on September 30 the launch of Phase Two of the GHRI, which included a series of actions to strengthen resiliency, enable a self-healing grid and reduce the duration and impact of power outages. Through early November, significant progress has been made across its service area, including:

Announcement follows completion of 350 more miles of newly hardened powerlines, on top of additional resiliency and hardening actions completed during Phase One of the Greater Houston Resiliency Initiative.

HOUSTON, Nov. 14, 2024 /PRNewswire/ -- CenterPoint Energy today announced the completion of the last of its 42 critical initial actions and commitments it made to state leaders and customers in the aftermath of Hurricane Beryl to immediately strengthen the electric system and improve its storm response. All 42 actions and commitments have been achieved ahead of schedule.