4 Firms Steer $1.4B Equity Injection For CenterPoint Energy

By Benjamin Horney (May 7, 2020, 1:58 PM EDT) -- CenterPoint Energy Inc. said Thursday it has received a $1.4 billion equity investment from a group of investors that includes affiliates of Elliott Management, Fidelity Management & Research and Bluescape Energy Partners, in an agreement steered by Wachtell, Baker Botts, Ropes & Gray and Kirkland & Ellis.

The equity investment was unveiled as part of a larger announcement, which also said the Houston-based energy delivery company is appointing two new directors to its board and is forming a committee to review and evaluate the business. The equity investment is a private investment in public equity, or PIPE, deal, and it includes...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!