About CenterPoint Energy
CenterPoint Energy is a company based in Houston (United States) founded in 1866 was acquired by NextEra Energy in November 2023.. The company has 8,870 employees as of December 31, 2024. CenterPoint Energy has completed 1 acquisition, including Atmos Energy Marketing. CenterPoint Energy offers products and services including Electric Transmission and Natural Gas Service.
- Headquarter Houston, United States
- Employees 8870 as on 31 Dec, 2024
- Stage Public
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Centerpoint Energy, Inc (Holding Co)
-
Annual Revenue
$8.64 B-0.61as on Dec 31, 2024
-
Net Profit
$1.02 B11.12as on Dec 31, 2024
-
EBITDA
$3.43 B8.48as on Dec 31, 2024
-
Latest Funding Round
$1.4 B (USD), Post-IPO
May 07, 2020
-
Investors
Fidelity Investments
& 7 more
-
Employee Count
8870
as on Dec 31, 2024
- Investments & Acquisitions
-
Acquired by
NextEra Energy
(Nov 02, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of CenterPoint Energy
CenterPoint Energy is a publicly listed company on the NYSE with ticker symbol CNP in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of CenterPoint Energy
CenterPoint Energy offers a comprehensive portfolio of products and services, including Electric Transmission and Natural Gas Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Electric transmission services are delivered by CenterPoint Energy to support power distribution in various regions, with outage tracking and reporting mechanisms in place for reliability.
Natural gas services are offered by CenterPoint Energy, including supply and safety measures like leak reporting, to meet the needs of residential and business customers across serviced areas.
Unlock access to complete
Unlock access to complete
Software Development Team
86 people
Leadership Team
35 people
Legal and Compliance
22 people
Operations Team
19 people
Senior Team
18 people
Finance and Accounting
15 people
Sales and Marketing
15 people
Lead Team
9 people
Unlock access to complete
Funding Insights of CenterPoint Energy
- Total Funding Total Funding
- Total Rounds 10
- Last Round Post-IPO — $1.4B
-
First Round
First Round
(16 Jun 2008)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Post-IPO - CenterPoint Energy | Valuation |
investors |
|
| Mar, 2019 | Amount | Debt – Conventional - CenterPoint Energy | Valuation |
investors |
|
| Oct, 2018 | Amount | Debt – Conventional - CenterPoint Energy | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CenterPoint Energy
CenterPoint Energy has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include Fidelity Investments, NextEra Energy and Elliott Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Multiple sectors are invested in by the hedge fund.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CenterPoint Energy
CenterPoint Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Atmos Energy Marketing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of natural gas and asset management services
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - CenterPoint Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Centerpoint Energy Comparisons
Competitors of CenterPoint Energy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Centerpoint Energy
Frequently Asked Questions about CenterPoint Energy
When was CenterPoint Energy founded?
CenterPoint Energy was founded in 1866 and raised its 1st funding round 142 years after it was founded.
Where is CenterPoint Energy located?
CenterPoint Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of CenterPoint Energy?
David J Lesar is the current CEO of CenterPoint Energy.
How many employees does CenterPoint Energy have?
As of Dec 31, 2024, the latest employee count at CenterPoint Energy is 8,870.
What is the annual revenue of CenterPoint Energy?
Annual revenue of CenterPoint Energy is $8.64B as on Dec 31, 2024.
What does CenterPoint Energy do?
CenterPoint Energy was established in 1866 and is based in Houston, United States. Focus is placed on the energy sector, with operations spanning electric transmission and distribution, natural gas distribution, and energy services across the U.S. In 2022, revenues reached 9.32 billion, while net profit stood at 1.05 billion. Leadership is provided by CEO and President David J. Lesar.
What products or services does CenterPoint Energy offer?
CenterPoint Energy offers Electric Transmission and Natural Gas Service.
Is CenterPoint Energy publicly traded?
Yes, CenterPoint Energy is publicly traded on NYSE under the ticker symbol CNP.
How many acquisitions has CenterPoint Energy made?
CenterPoint Energy has made 1 acquisition, including Atmos Energy Marketing.
Who are CenterPoint Energy's investors?
CenterPoint Energy has 8 investors. Key investors include Fidelity Investments, NextEra Energy, Elliott Management, MFS Investment Management, and Bluescape Energy Partners.
What is CenterPoint Energy's ticker symbol?
The ticker symbol of CenterPoint Energy is CNP on NYSE.