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.
— Houston Chronicle
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.