Enable, Energy Transfer merger complete; CenterPoint reduces

Enable, Energy Transfer merger complete; CenterPoint reduces midstream exposure

CenterPoint Energy Inc. has announced a reduction in the company’s midstream exposure following completion of Enable Midstream Partners LP’s merger with Energy Transfer LP. Energy Transfer now owns and operates more than 114,000 miles of pipelines and related assets in all major U.S. producing regions and markets across 41 states. The acquisition significantly strengthens Energy Transfer’s midstream and gas transportation systems by adding Enable’s natural gas gathering and processing assets in the Anadarko Basin in Oklahoma, along with intrastate and interstate pipelines in Oklahoma and surrounding states. It also boosts Energy Transfer’s gas gathering and processing assets in the Arkoma basin across Oklahoma and Arkansas, as well as in the Haynesville Shale in East Texas and North Louisiana.

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