PR Newswire·Oct 1, 2026, 6:45 AM ET

CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion

CenterPoint Energy completed the $2.62 billion sale of its Ohio natural gas Local Distribution Company business, Vectren Energy Delivery of Ohio, LLC, to National Fuel Gas Company on October 1, 2026.
The transaction includes approximately 5,900 miles of gas transmission & distribution pipeline serving roughly 335,000 metered customers in West Central Ohio.
The sale received all required federal & state approvals, including a review by the Public Utilities Commission of Ohio, with National Fuel assuming immediate responsibility for former CenterPoint customers.
CenterPoint Chair & CEO Jason Wells emphasized the company's commitment to a smooth transition while maintaining safety & operational excellence for Ohio customers.
Proceeds from the transaction will support CenterPoint's $66.7 billion, 10-year capital plan to enhance infrastructure resiliency, reliability, & economic growth.
CenterPoint Energy is a Texas-based investor-owned utility serving nearly 7 million customers across Indiana, Minnesota, & Texas, with approximately $48.3 billion in assets as of June 30, 2026.