CenterPoint Energy and Energy Capital Partners complete sale of energy services businessChristian Fernsby ▼ | June 2, 2020
CenterPoint Energ and Energy Capital Partners announced that they have closed on the sale of CenterPoint Energy Services, Inc. (CES) to an affiliate of ECP.
Capital Partners CenterPoint Energy
In connection with the closing of the transaction, CES changed its name to Symmetry Energy Solutions, LLC, (Symmetry Energy) and entered into a structured long-term Preferred Supply agreement through which Shell Energy North America (US), L.P. will provide gas supply and collateral support, as well as receive equity warrants. ■