Page 21 - Texas811 Magazine 2022 Issue 1
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capital plan of more than $18 billion, as well as a first-ever 10-year capital plan of more than $40 billion to serve our growing customer base. These investments will be dedicated to safety, reliability, growth and enabling clean energy investments to benefit our customers and investors.”
About CenterPoint Energy, Inc.
As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an
energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that, after the closing of the Arkansas/Oklahoma transaction, serve nearly 7 million metered customers
in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. As of September 30, 2021, the company owned approximately $37 billion in assets. With approximately 9,000
total employees after the closing of
the Arkansas/Oklahoma transaction, CenterPoint Energy and its predecessor companies have been in business
for more than 150 years. For more
information, visit CenterPointEnergy. com.
Forward-Looking Statements
This news release includes forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “objective,” “plan,” “potential,” “predict,” “projection,” “should,” “target,” “will” or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed
to be reasonable at the time made
and are subject to significant risks
and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward- looking statements. Any statements
in this news release regarding
future events, such as CenterPoint Energy’s capital investments, rate
base growth and its ability to achieve
it, financing plans (including future
equity issuances), and future financial performance and results of operations and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of COVID-19; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact
of future regulatory and legislative decisions; (5) effects of competition;
(6) weather variations; (7) changes in business plans; and (8) other factors, risks and uncertainties discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, CenterPoint Energy’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021, June 30, 2021 and September 30, 2021 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
2022, Issue 1
Texas811 • 19

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