CenterPoint Energy Seeks to Rebuild Electric Grid, Ties with Stakeholders

CenterPoint Energy Seeks to Rebuild Electric Grid, Ties with Stakeholders

September 18, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--CenterPoint Energy Incorporated (NYSE:CNP) (Houston, Texas) is in the early stages of a two-pronged strategic rebuilding program. One part of that effort involves physically rebuilding its electric transmission & distribution (T&D) infrastructure in and around Houston, which was devastated by Hurricane Beryl in early July. That Cat 1 storm plunged an estimated 2.3 million of CenterPoint's Houston-area electric customers in the dark for as long as a week, amid sweltering heat and humidity.

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