CenterPoint Energy, Inc.
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CEMS provides a comprehensive range of energy management services to commercial and industrial customers. These services include district cooling, facility operations and maintenance services and energy management services. It operates a district cooling system that provides chilled water services to the Central Business District in downtown Houston.
"We are committed to keeping CenterPoint Energy focused on our core businesses of energy delivery in the U.S.," said David McClanahan, president and chief executive officer for CenterPoint Energy. "The sale of CEMS moves us closer to completing our strategy of selling all of our non-strategic businesses."
Entergy Solutions is retaining about 80 percent of the 54 CEMS employees. Nearly all the remaining employees have been reassigned to other positions throughout CenterPoint Energy.
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations, and more than 14,000 megawatts of power generation in Texas. The company serves nearly five million customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Missouri, Oklahoma, and Texas. Assets total approximately $20 billion. CenterPoint Energy became the new holding company for the regulated operations of the former Reliant Energy, Incorporated in August 2002. With more than 11,000 employees, CenterPoint Energy and its predecessor companies have been in business for more than 130 years. For more information, visit the Web site at www.CenterPointEnergy.com .
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SOURCE: CenterPoint Energy, Inc.
CONTACT: media, Alicia Dixon, +1-713-207-5885, or investors, Marianne
Paulsen, +1-713-207-6500, both of CenterPoint Energy, Inc.
Web site: http://www.centerpointenergy.com/