June 2 — CenterPoint said in February that it was selling its natural gas retail business for $400 million to Energy Capital Partners of New Jersey, a private equity investor with other investments in Houston. But when the completed deal was announced this week, CenterPoint said it received $286 million, 28 percent less than expected, reflecting changes in commodity prices and factors related to the timing of the closing, according to securities filings. No other details were available.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.