The Firm represented JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd and Wells Fargo Securities, LLC, as the lead arrangers and administrative agents in connection with four revolving credit facilities, totaling $4 billion in aggregate commitments, made available to CenterPoint Energy, Inc. and its subsidiaries (NYSE:CNP) (“CenterPoint”).
As the only investor owned electric and gas utility based in Texas, CenterPoint is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. With approximately 8,900 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years.
The Simpson Thacher team included Brandan Still, Andrew Lanius, Darby Tingle, Enzo Salamone and John Charles (Banking and Credit).