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CenterPoint Energy considering review of Enable Midstream investment

Published 2016-02-01, 07:03 a/m
© Reuters.  CenterPoint Energy considering review of Enable Midstream investment
CNP
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NG
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Feb 1 (Reuters) - CenterPoint Energy Inc (N:CNP) CNP.N said on
Monday it was considering strategic options for its investment
in natural gas pipeline company Enable Midstream Partners LP
ENBL.N , including a sale or a spinoff.
The move follows CenterPoint's $363 million investment in
Enable Midstream's preferred securities on Friday.
CenterPoint owns a 50 percent general partner interest and
55.4 percent limited partner interest in Enable Midstream, which
it jointly controls with OGE Energy Corp OGE.N .

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