CenterPoint Energy Increases 10-Year Capital Plan Through 2030
Portfolio Pulse from Benzinga Newsdesk
CenterPoint Energy has raised its 10-year capital investment plan through 2030 to $44.5 billion, marking a $600 million increase. This includes $100 million already spent in 2023, with the remaining $500 million to be invested throughout the decade.
February 20, 2024 | 11:40 am
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CenterPoint Energy has increased its 10-year capital plan to $44.5 billion, indicating a strategic investment in growth and infrastructure over the next decade.
The increase in CenterPoint Energy's capital investment plan suggests a strong commitment to growth and infrastructure development. This strategic investment is likely to be viewed positively by investors, potentially leading to a positive impact on the company's stock price in the short term.
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