Latest news with #JasonWells
Yahoo
25-06-2025
- Business
- Yahoo
First CenterPoint Energy Resiliency Technology Summit showcases innovative new tools to help improve hurricane preparedness and response
Global technology leaders share best practices and demonstrate advanced technologies and AI tools being used to enhance storm preparedness and emergency response HOUSTON, June 25, 2025 /PRNewswire/ -- As part of its commitment to build the most resilient coast grid in the country, and to better serve its 2.8 million customers throughout the 2025 hurricane season and beyond, CenterPoint Energy hosted its first ever Technology Summit alongside seven global leaders in AI tools, data analytics and other cutting-edge technologies. The new strategic relationships with Climavision, Convey (formerly Message Broadcast), Neara, Palantir, Pano AI, Technosylva and Urbint will help CenterPoint improve overall operations, identify critical system upgrades, enhance situational awareness, and strengthen storm preparedness and emergency response efforts. "We are committed to working with the best and brightest to achieve our goal of building and operating the most resilient coastal grid in the country. These global leaders are enabling CenterPoint to leverage the latest innovations in AI, machine learning and other areas to help Houston be better prepared for more powerful hurricanes and storms. Most importantly, these new technologies and tools will help us respond more effectively to emergencies and provide the more reliable, resilient service our customers expect and deserve," said Jason Wells, President and Chief Executive Officer of CenterPoint Energy. Advanced Technologies: Strengthening Resiliency and Emergency Readiness During the 2025 Technology Summit, representatives of CenterPoint and global tech leaders engaged with elected officials, local emergency managers and community leaders to demonstrate how these advanced technologies will enhance CenterPoint's efforts to prepare for extreme weather events, including in four key areas: Targeting critical system upgrades: Working with Neara and Technosylva , CenterPoint is enhancing how it plans and executes targeted resiliency actions to strengthen the system against extreme weather. Improving situational awareness and storm preparedness: Climavision and Pano AI are helping CenterPoint improve real-time weather monitoring, AI forecasting and risk detection – enabling CenterPoint to more effectively predict and monitor weather risks to Houston's energy infrastructure. Keeping customers better informed: CenterPoint is using critical tools from Convey to modernize communication operations and efficiently manage interactions, strengthening the company's ability to deliver real-time emergency communications to millions of customers. Strengthening emergency response: Technologies from Palantir and Urbint are helping CenterPoint connect data across its assets to respond to storms more effectively and enhancing onboarding and deployment of mutual assistance crews in an emergency. Greater Houston Resiliency Initiative: Key Actions and Improvements CenterPoint's strategic technology relationships are the latest part of a broader series of actions to improve resiliency, communication and partnerships through the Greater Houston Resiliency Initiative (GHRI), launched in August 2024. Over the first two phases of GHRI, which were completed ahead of schedule and before the start of hurricane season on June 1, CenterPoint took the following actions: Installed 26,000+ stronger, storm-resilient poles to withstand extreme winds; Added 5,150+ automation devices to improve restoration times; Cleared 6,000+ miles of higher-risk vegetation to reduce storm-related outages; Undergrounded 400+ miles of power lines to improve overall resiliency; Installed 100+ weather stations across our service territory to improve situational awareness and storm preparation; Donated 21 backup generators to critical facilities across the company's 12-county service area; and Launched a new and improved, cloud-based Outage Tracker to provide real-time updates on outages and restoration efforts in English and Spanish. The company will continue working throughout the 2025 hurricane season to further strengthen resiliency and address potential system impacts from storms and extreme weather. For more information and updates on GHRI, visit . Media Contact: About CenterPoint Energy, Inc. CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit About Climavision Climavision brings together the power of a proprietary, high resolution supplemental weather radar network with its cutting-edge Horizon AI forecasting technology suite to close significant weather observation gaps and drastically improve forecast speed and accuracy. Climavision's revolutionary approach to climate technology is poised to help reduce the economic risks of volatile weather on companies, governments, and communities alike. Climavision is backed by The Rise Fund, the world's largest global impact platform committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns. The company is headquartered in Louisville, KY, with research and development operations in Raleigh, NC. To learn more, visit About Convey Convey delivers intelligent customer workflows that humanize connections in regulated environments. Formerly Message Broadcast, Convey transforms compliance requirements into streamlined experiences through purpose-built solutions that deliver measurable impact for utilities and essential service providers. Our platform helps organizations modernize operations and set new engagement standards while efficiently managing millions of interactions. Reimagine the customer journey at About Neara Neara is a physics-enabled digital twin that eclipses traditional visualization capabilities to deliver a geometrically accurate 3D spatial model of entire infrastructure networks. The model applies detailed individual asset-level analysis to entire integrated infrastructure, providing a context-rich representation of how assets actually behave and react in the physical world in any scenario. Neara connects the granular perspective engineers need to maintain a safe and structurally sound grid system with the network-wide view business leaders need to improve outcomes with effective network investments via high-velocity, automated analysis. With Neara, asset owners upgrade daily reality from reacting to dozens of problems in a context vacuum to proactively identifying exactly where and how to allocate capital for maximum community benefit through an integrated lens. Neara has modeled more than 2 million miles of infrastructure across four continents, enabling customers to save millions each year while improving resiliency and reliability, and transforming processes that once took years into outcomes delivered in hours. More information is available at About Palantir Palantir partners with utilities to modernize the grid, mitigate risk, improve safety, and adapt to changing demand and production patterns. Utilities have a complex data ecosystem that is often challenging to leverage, but we've helped partners optimize their operations at speed and meet complex challenges with data-driven decisions. Today, leading organizations use Palantir software to power critical decisions and operationalize AI. Workflows help address load management optimization, grid upgrades, emergency prevention and response, procurement bottlenecks, and more. About Pano AI Pano AI is the leader in AI-powered wildfire detection. Launched in 2020, the company provides advanced early detection and situational awareness solutions to fire agencies, utilities, governments, and private landholders to help protect people, property, and infrastructure from catastrophic wildfires. With deployments across the U.S., Canada, and Australia, Pano AI is building a new standard for real-time wildfire intelligence. To learn more, visit or follow the company on LinkedIn. About Technosylva Technosylva is the leading provider of wildfire and extreme weather modeling, risk mitigation, and operational response software. Technosylva's market-leading solutions, enhanced by AI and machine learning capabilities, provide real-time and predictive insights into developing wildfire and extreme weather risks to support electric utility, insurance, and government agency customers. Founded in 1997, Technosylva has offices in La Jolla, CA, León, Spain, and Calgary, Canada. Learn more at About Urbint Urbint is the world leader in operational resilience for energy and utilities. Urbint's solutions use Artificial Intelligence and the latest industry science to predict and manage emergencies, protect assets and keep people safe. Urbint's suite features three end-to-end solutions: 1) Worker Safety, which provides digital job safety briefs and energy-based observation workflows to reduce exposure at the point of work; 2) Damage Prevention, which manages and risk-profiles 811 tickets to help prevent third-party damages to underground assets; and 3) Emergency Preparedness & Response, which connects the entire natural disaster lifecycle to predict impact and increase a utility's response to reduce customer downtime. The largest energy and infrastructure companies trust Urbint to protect workers, assets, communities, and the environment. Learn more at View original content to download multimedia: SOURCE CenterPoint Energy
Bloomberg
18-06-2025
- Business
- Bloomberg
Houston's Electric Utility Is Prepared for Storms After 2024 Blackout, CEO Says
By and Mark Chediak Save Houston's electric utility is confident significant grid investments will prevent a repeat of widespread blackouts that occurred last summer following Hurricane Beryl. CenterPoint Energy Inc. is integrating artificial intelligence to predict tree growth, using light detection to spot tangled wires in the area's dense vegetation and upgrading its weather modeling to better predict storms, according to Chief Executive Officer Jason Wells said.
New York Post
16-06-2025
- Entertainment
- New York Post
Bing Crosby's French-inspired California mansion sells for $25M — far below the original asking price
The late American entertainer Bing Crosby's sprawling French Chateau-style estate sold last week for $25 million — $15 million less than its asking price. Crosby, best known for his crooning holiday hit 'White Christmas,' bought the property in Hillsborough, California in the early 1960s, as a gift for his wife Kathryn. The sprawling 5.38-acre property south of San Francisco offered the star and his family of five a reprieve from Hollywood. The estate remained in the family for six decades, but it only stayed on the market for less than four months. Despite the discounted sale, first reported by Mansion Global, the transaction ranks among the Silicon Valley enclave's priciest sales ever. 12 The property listed in February for $40 million. Jason Wells/ Golden Gate Creative 12 The French Chateau-style home was built in 1929 and purchased by Crosby in the early 1960s. Jason Wells/ Golden Gate Creative 12 Bing Crosby. Getty Images The residence, built in 1929, spans an impressive 14,000 square feet. Ornate fireplaces and intricate woodwork line the interiors, which include 11 bedrooms, an impressive library and a smoking room with a built-in bar. The estate also offers a separate wing for staff housing. The Crosby family undertook extensive renovations on the house, according to Golden Gate Sotheby's International Realty. Kathryn commissioned hand-painted dining room walls by a prominent San Francisco artist, and the couple installed antiques from the collection of news baron and 'Citizen Kane' inspiration William Randolph Hearst. Those additionaly include a hand-carved wooden staircase banister and Georgian paneling from a 17th-century English manor home. Hearst was a close friend of Crosby's, the Wall Street Journal reported, and an avid collector of European antiques. 12 A foyer. Jason Wells/ Golden Gate Creative 12 Crosby's media awards and golf trophies are still displayed along the antique paneling of the library. Jason Wells/ Golden Gate Creative 12 A sitting area features a marble fireplace, ornate millwork and chandeliers. Jason Wells/ Golden Gate Creative 12 The hand-painted walls of the rounded dining room were commissioned by Kathryn Crosby. Jason Wells/ Golden Gate Creative 12 The kitchen. Jason Wells/ Golden Gate Creative 12 The carved staircase banister comes from the collection of William Randolph Hearst. Jason Wells/ Golden Gate Creative 12 A bedroom features ornate carpeting and an oversized window. Jason Wells/ Golden Gate Creative 12 A large bedroom features a fireplace and a 'C' initial inlaid in the carpet. Jason Wells/ Golden Gate Creative The outlet also reported that the couple filled in the property's pool for the safety of their three young children. Crosby lived in the luxurious home until his in death in 1977. His heirs retained the property until the death of his second wife Kathryn in 2024, according to the Journal, after which time Crosby's children decided it was time to sell. 12 The $25 million sale ranks the home among the most expensive ever sold in Hillsborough. Jason Wells/ Golden Gate Creative Compass agents Alex and Pierre Buljan told Mansion Global that the transaction, which closed on Thursday, places the home in the top five priciest home sale's in the history of Hillsborough. This puts the Crosby estate in league with Elon Musk's 47-acre former estate that sold for $30 million in 2021 and again for $35 million in 2022. While the buyer is not yet identifiable in public records, Buljan told the outlet they are a Hillsborough local that plans to maintain the character and history of the home.
Associated Press
14-06-2025
- Business
- Associated Press
CenterPoint Energy reaches settlement agreement on landmark Systemwide Resiliency Plan to strengthen Houston electric system against extreme weather threats and future hazards
HOUSTON, June 13, 2025 /PRNewswire/ -- As part of its commitment to build and operate the most resilient coastal grid in the country, CenterPoint Energy (CenterPoint) announced yesterday that it has reached a settlement agreement with parties to its 2026-2028 Systemwide Resiliency Plan (SRP). Subject to Public Utility Commission of Texas (PUCT) review and approval, the SRP represents the largest single grid resiliency investment in CenterPoint's history and is expected to reduce the impact of storm-related outages by nearly 1 billion (more than 913 million minutes) for its 2.8 million customers by 2029. CenterPoint's 2026-2028 SRP will build on the progress made during the first two phases of the company's Greater Houston Resiliency Initiative (GHRI) and is designed to further address the impacts of a wide range of extreme weather threats, including more powerful storms, hurricanes, wind events like derechos, flooding, extreme temperatures, tornadoes, wildfires and winter storms. 'We are committed to continuing critical system resiliency work to help provide an electric system for the Greater Houston area that is safe, reliable, cost-effective and resilient when our customers need it most. Following constructive discussions with the Commission and intervening parties, this plan represents a landmark investment and suite of resiliency actions that will provide customers with clear benefits now and in the future,' said Jason Wells, President and Chief Executive Officer of CenterPoint Energy. 'Our plan is cost-effective and will build on the progress we've made to date through the Greater Houston Resiliency Initiative. Taken together, we believe that these resiliency actions will help create a future with fewer outages that impact smaller clusters of customers, coupled with faster restoration times for our Greater Houston communities. This is another major step on our strategic roadmap to building and operating the most resilient coastal grid in the nation,' said Wells. Key improvements in CenterPoint's Systemwide Resiliency Plan This settlement agreement reflects discussions with intervening parties following the filing of CenterPoint's enhanced SRP with the PUCT in January 2025. It includes a revised, agreed-upon investment of more than $3 billion in CenterPoint's electric distribution system. The agreement also includes the deferment of more than $240 million in SRP costs until the second half of 2029, which will help reduce the bill impact for customers by spreading costs over a four-year period instead of three years. Once approved, and while some cost recovery would be deferred into 2029, all SRP work will be completed in the proposed 2026-2028 timeframe. Separate from the 2026-2028 SRP which is focused on the electric distribution system, CenterPoint will continue its nearly $2 billion investments planned for the electric transmission system, including rebuilding or upgrading more than 2,200 structures to better withstand extreme weather. Customer bill impacts Pending approval from the PUCT, CenterPoint's historic SRP investment in the electric distribution system would add approximately $1.40 per month for an average residential customer each year from 2026 through 2028, with a final $0.60 per month added in 2030 to help lessen bill impacts in previous years. The impacts of these investment in Greater Houston's electric infrastructure are reduced over the next three years, other key components of the average residential customer bill will go down during the same period including: Building the stronger, more resilient, self-healing electric system of the future The investments outlined in CenterPoint's SRP are designed to benefit customers across the entire 12-county service area, with a specific focus on customers in higher-risk areas. When complete, this array of resiliency actions, combined with CenterPoint's normal operations, will achieve the following: Addressing growing energy needs and weather challenges The resiliency actions outlined by the SRP will also help meet the energy needs of the growing population across CenterPoint's Greater Houston service area. The number of customers is expected to continue growing by approximately 2 percent annually for the foreseeable future – the equivalent of adding a city the size of Waco, Texas, every year. As Greater Houston's population, economy and energy needs continue to grow, CenterPoint's SRP will help address the increasing risk that this fast-growing region faces from extreme weather. A Systemwide Resiliency Plan shaped by experts, stakeholders and customer feedback The SRP incorporates important feedback from customers, elected leaders, emergency management agencies and independent experts. In preparation for filing the SRP, CenterPoint conducted 30 community meetings and listening sessions and solicited feedback on the plan during the draft stages. As part of CenterPoint's commitment to long-term affordability, the SRP is designed to provide the greatest dollar value to customers now and in the future by prioritizing proven, cost-effective resiliency actions that will ultimately prove vital to reducing future storm-related costs for the communities CenterPoint serves. CenterPoint GHRI Phase One and Phase Two resiliency actions Since launching GHRI in response to Hurricane Beryl last summer, CenterPoint has made progress on the historic series of critical resiliency improvements across both Phase One and Phase Two. When combined, the company has completed the following actions: About CenterPoint Energy, Inc. CenterPoint Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit Forward-looking Statements This news release, as well as the website pages related to the GHRI, 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,' 'would' or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Systemwide Resiliency Plan and the Greater Houston Resiliency Initiative, including their respective benefits, 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 or the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Report on Form 10-Q for the quarters ended March 31, 2025 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission. For more information, contact: Communications [email protected] View original content to download multimedia: SOURCE CenterPoint Energy
Yahoo
14-06-2025
- Business
- Yahoo
CenterPoint Energy reaches settlement agreement on landmark Systemwide Resiliency Plan to strengthen Houston electric system against extreme weather threats and future hazards
Largest single resiliency investment in CenterPoint history will build on Greater Houston Resiliency Initiative and help address impacts of wide range of extreme weather and other threats 100% of lines serving the most customers will have automation devices capable of self-healing 130,000 stronger, more storm-resilient poles and braces to be installed or replaced This historic investment will reduce storm-related outages by nearly 1 billion minutes Spreading investments over four years vs. three years will minimize bill impacts and help keep customer bills more affordable HOUSTON, June 13, 2025 /PRNewswire/ -- As part of its commitment to build and operate the most resilient coastal grid in the country, CenterPoint Energy (CenterPoint) announced yesterday that it has reached a settlement agreement with parties to its 2026-2028 Systemwide Resiliency Plan (SRP). Subject to Public Utility Commission of Texas (PUCT) review and approval, the SRP represents the largest single grid resiliency investment in CenterPoint's history and is expected to reduce the impact of storm-related outages by nearly 1 billion (more than 913 million minutes) for its 2.8 million customers by 2029. CenterPoint's 2026-2028 SRP will build on the progress made during the first two phases of the company's Greater Houston Resiliency Initiative (GHRI) and is designed to further address the impacts of a wide range of extreme weather threats, including more powerful storms, hurricanes, wind events like derechos, flooding, extreme temperatures, tornadoes, wildfires and winter storms. "We are committed to continuing critical system resiliency work to help provide an electric system for the Greater Houston area that is safe, reliable, cost-effective and resilient when our customers need it most. Following constructive discussions with the Commission and intervening parties, this plan represents a landmark investment and suite of resiliency actions that will provide customers with clear benefits now and in the future," said Jason Wells, President and Chief Executive Officer of CenterPoint Energy. "Our plan is cost-effective and will build on the progress we've made to date through the Greater Houston Resiliency Initiative. Taken together, we believe that these resiliency actions will help create a future with fewer outages that impact smaller clusters of customers, coupled with faster restoration times for our Greater Houston communities. This is another major step on our strategic roadmap to building and operating the most resilient coastal grid in the nation," said Wells. Key improvements in CenterPoint's Systemwide Resiliency PlanThis settlement agreement reflects discussions with intervening parties following the filing of CenterPoint's enhanced SRP with the PUCT in January 2025. It includes a revised, agreed-upon investment of more than $3 billion in CenterPoint's electric distribution system. The agreement also includes the deferment of more than $240 million in SRP costs until the second half of 2029, which will help reduce the bill impact for customers by spreading costs over a four-year period instead of three years. Once approved, and while some cost recovery would be deferred into 2029, all SRP work will be completed in the proposed 2026-2028 timeframe. Separate from the 2026-2028 SRP which is focused on the electric distribution system, CenterPoint will continue its nearly $2 billion investments planned for the electric transmission system, including rebuilding or upgrading more than 2,200 structures to better withstand extreme weather. Customer bill impactsPending approval from the PUCT, CenterPoint's historic SRP investment in the electric distribution system would add approximately $1.40 per month for an average residential customer each year from 2026 through 2028, with a final $0.60 per month added in 2030 to help lessen bill impacts in previous years. The impacts of these investment in Greater Houston's electric infrastructure are reduced over the next three years, other key components of the average residential customer bill will go down during the same period including: Costs associated with the large temporary emergency generation units will start coming out of rates for Houston Electric customers this summer, and by 2027, bills will be reduced by an estimated $2 per month for the average customer. As a result of the recently settled, four-year Houston Electric rate case, CenterPoint will receive approximately $50 million less revenue annually which means a reduction in electric customer bills by about $1 a month for most customers from 2025 through 2028 while also continuing to deliver support for significant local economic growth and upgrades across Greater Houston area. Building the stronger, more resilient, self-healing electric system of the futureThe investments outlined in CenterPoint's SRP are designed to benefit customers across the entire 12-county service area, with a specific focus on customers in higher-risk areas. When complete, this array of resiliency actions, combined with CenterPoint's normal operations, will achieve the following: Automation Devices: 100% of lines serving the most customers will include automation devices capable of self-healing to reduce the impact of outages; Stronger Distribution Poles: 130,000 stronger, more storm-resilient poles (rated to 110 mph and 132 mph) will be either installed new or replaced or braced to withstand stronger storms; Vegetation Management: CenterPoint will deploy an industry-leading, three-year vegetation management cycle for transmission and distribution lines, with 100% of power lines cleared of hazardous vegetation every three years; Undergrounding: More than 50% of CenterPoint's system will be undergrounded to improve resiliency; and Modernized Cables: 20,150 spans of underground cables will be modernized to reduce the frequency and impact of outages. Addressing growing energy needs and weather challengesThe resiliency actions outlined by the SRP will also help meet the energy needs of the growing population across CenterPoint's Greater Houston service area. The number of customers is expected to continue growing by approximately 2 percent annually for the foreseeable future – the equivalent of adding a city the size of Waco, Texas, every year. As Greater Houston's population, economy and energy needs continue to grow, CenterPoint's SRP will help address the increasing risk that this fast-growing region faces from extreme weather. A Systemwide Resiliency Plan shaped by experts, stakeholders and customer feedbackThe SRP incorporates important feedback from customers, elected leaders, emergency management agencies and independent experts. In preparation for filing the SRP, CenterPoint conducted 30 community meetings and listening sessions and solicited feedback on the plan during the draft stages. As part of CenterPoint's commitment to long-term affordability, the SRP is designed to provide the greatest dollar value to customers now and in the future by prioritizing proven, cost-effective resiliency actions that will ultimately prove vital to reducing future storm-related costs for the communities CenterPoint serves. CenterPoint GHRI Phase One and Phase Two resiliency actions Since launching GHRI in response to Hurricane Beryl last summer, CenterPoint has made progress on the historic series of critical resiliency improvements across both Phase One and Phase Two. When combined, the company has completed the following actions: Installed or replaced more than 26,000 stronger, more storm-resilient poles built to withstand extreme winds; Undergrounded more than 400 miles of power lines to improve overall resiliency; Installed more than 5,150 more automated reliability devices and intelligent grid switching devices to reduce the impact of outages and improve restoration times; Cleared more than 6,000 miles of higher-risk vegetation near power lines to reduce storm-related outages; and Installed 100 weather monitoring stations to improve situational awareness and storm preparation. About CenterPoint Energy, Energy, Inc. (NYSE: CNP) is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across Indiana, Minnesota, Ohio, and Texas. The company is headquartered in Houston and is the only Texas-domiciled investor-owned utility. As of March 31, 2025, the company had approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint Energy and its predecessor companies have been serving customers for more than 150 years. For more information, visit Forward-looking Statements This news release, as well as the website pages related to the GHRI, 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," "would" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Systemwide Resiliency Plan and the Greater Houston Resiliency Initiative, including their respective benefits, 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 or the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI 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) business strategies and strategic initiatives, restructurings, joint ventures, acquisitions or dispositions of assets or businesses involving CenterPoint Energy or its industry; (2) CenterPoint Energy's ability to fund and invest planned capital, and the timely recovery of its investments; (3) financial market and general economic conditions; (4) the timing and impact of future regulatory, legislative and political actions or developments; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Report on Form 10-Q for the quarters ended March 31, 2025 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission. For more information, contact: View original content to download multimedia: SOURCE CenterPoint Energy Sign in to access your portfolio
