September 22, 2009

CENTERPOINT ENERGY: CERC Accrues $14M at June 30 for MGP Cleanup

COMPANIES: CenterPoint Energy Resources Corp | Centerpoint Energy Inc (fka Reliant Energy Inc)
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CenterPoint Energy, Inc.’s subsidiary, CenterPoint Energy Resources Corp. (CERC), at June 30, 2009, had accrued US$14 million for remediation of manufactured gas plant (MGP) sites in Minnesota.

The estimated range of possible remediation costs for these sites was US$4 million to…

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LOCATIONS: Minnesota | Texas | United States