Company Overview of Centerpoint Energy Houston Electric, LLC
CenterPoint Energy Houston Electric, LLC provides electric transmission and distribution services to retail electric providers (REPs) in the Texas Gulf Coast area. It is involved in the construction and maintenance of transmission and distribution facilities; provision of metering and outage response services; and operation of call center. As of December 31, 2013, the company owned 28,113 pole miles of overhead distribution lines and 3,703 circuit miles of overhead transmission lines; 21,763 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 234 substation sites having a total installed rated transformer capacity of 54,931 megavolt amp...
Houston, TX 77002
Key Executives for Centerpoint Energy Houston Electric, LLC
Chairman, Principal Executive Officer and Manager
Chief Financial Officer, Executive Vice President, Chief Financial Officer of Regulated Operations for Utility Holding LLC and Executive Vice President of Utility Holding LLC
Vice President, Treasurer, Vice President of CenterPoint Energy and Treasurer of CenterPoint Energy
Compensation as of Fiscal Year 2014.
Centerpoint Energy Houston Electric, LLC Key Developments
CenterPoint Energy, Inc., CenterPoint Energy Houston Electric, LLC and CenterPoint Energy Resources Announce Amendment to Credit Agreement
Sep 10 14
On September 9, 2014, (a) CenterPoint Energy, Inc., JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto entered into a Third Amendment to Credit Agreement (the CenterPoint Amendment), amending CenterPoint's Credit Agreement dated as of September 9, 2011, (b) CenterPoint's indirect, wholly-owned subsidiary, CenterPoint Energy Houston Electric, LLC (CEHE), JPMorgan Chase Bank, N.A., as administrative agent, and the banks party thereto entered into a Second Amendment to Credit Agreement, amending CEHE's Credit Agreement dated as of September 9, 2011 and (c) CenterPoint's indirect, wholly-owned subsidiary, CenterPoint Energy Resources Corp. (CERC), Citibank, N.A., as administrative agent, and the banks party thereto entered into a Third Amendment to Credit Agreement (the CERC Amendment and together with the CenterPoint Amendment and the CEHE Amendment, the Amendments), amending CERC's Credit Agreement dated as of September 9, 2011. The Amendments, among other things, extend the maturity date of the commitments under the Credit Agreements from September 9, 2018 to September 9, 2019. The Amendments also reduce the swingline and letter of credit sub-facilities under each Credit Agreement, with the total commitments under each Credit Agreement remaining unchanged.
TransData, Inc. Wins Key Ruling in Wireless Smart Electric Meter Patent Lawsuits
Oct 3 13
TransData, Inc. announced that an Oklahoma federal judge has issued a significant ruling favorable to TransData in its ongoing patent infringement litigation against a group of the nation's large electric utilities over wireless smart electric meter technology developed by the company. The Order, issued October 1, 2013, in the U.S. District Court for the Western District of Oklahoma, construes the disputed claim terms of TransData's U.S. Patent Nos. 6,181,294; 6,462,713; and 6,903,699 (collectively, the 'Patents') in a manner consistent with the constructions offered by TransData. In particular, the Court rejected all of the defendants' proposed constructions and also rejected defendants' argument that TransData's Patents were invalid as indefinite under 35 U.S.C. 112. In the litigation, TransData has asserted its Patents against CenterPoint Energy Houston Electric LLC; Oncor Electric Delivery Company LLC; Texas-New Mexico Power Company; Denton Municipal Utilities; San Diego Gas & Electric Co.; Denton County Electric Cooperative Inc. (d/b/a CoServ Electric); Alabama Power Company, Georgia Power Company, and Mississippi Power Company, subsidiaries of Southern Company; Oklahoma Gas & Electric Co.; Tri-County Electric Coop Inc.; and Wisconsin Power & Light Co. In particular, TransData alleges that defendants are making, using, offering to sell, selling, and/or importing certain digital electric meters equipped with an internal wireless communication circuit and antenna that infringe TransData's Patents.
CenterPoint Energy, Inc. Amends Three Revolving Bank Credit Facilities of the Parent and its wholly-owned subsidiaries, Centerpoint Energy Houston Electric, LLC and Centerpoint Energy Resources Corp
Sep 10 13
CenterPoint Energy, Inc. announced that it amended the three revolving bank credit facilities of the parent and its wholly-owned subsidiaries, CenterPoint Energy Houston Electric, LLC (CEHE) and CenterPoint Energy Resources Corp. (CERC). The amendments extend the maturity date of each of the facilities from September 9, 2016, to September 9, 2018. In addition, the debt-to-earnings before interest, taxes, depreciation and amortization financial covenant in the CenterPoint Energy facility has been replaced with a debt-to-capitalization financial covenant and the aggregate commitments under the CERC facility have been reduced from $950 million to $600 million. The aggregate commitments under the CenterPoint Energy and CEHE facilities remain at $1.2 billion and $300 million, respectively.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|