Hunton Advises on CenterPoint Energy’s $1B ATM Program

Time 1 Minute Read
News

Hunton Andrews Kurth LLP acted as counsel to the managers, the forward sellers, and the forward purchasers in connection with the re-establishment of CenterPoint Energy, Inc.’s (CenterPoint) at-the-market (ATM) program to sell shares of CenterPoint’s common stock having an aggregate gross sales price of up to $1 billion from time to time through either the managers or the forward sellers, who will, at CenterPoint’s request, borrow shares of CenterPoint’s common stock from third parties.

CenterPoint is a public utility holding company headquartered in Houston, Texas. CenterPoint, through its operating subsidiaries, owns and operates electric transmission, distribution and generation facilities and natural gas distribution systems.

The Hunton team included Peter K. O’BrienBrendan P. Harney, Reuben H. Pearlman, and Ryan MetzJoseph B. Buonanno and Christian Pugaczewski provided advice on the forward component. Robert McNamaraWilliam Freeman, and David Kamins provided tax advice. 

Related Insights

Jump to Page
trellis19