CenterPoint Energy, OGE Energy and ArcLight Capital Close on Midstream Partnership

CenterPoint Energy, Inc., OGE Energy and ArcLight Capital Partners closed on the formation of the previously announced partnership that includes CenterPoint Energy's interstate pipelines and field services businesses and the midstream business of Enogex LLC. CenterPoint Energy, OGE Energy and ArcLight hold approximately 58.3 percent, 28.5 percent and 13.2 percent limited partner interests in the partnership, respectively. The new partnership has combined assets of nearly $11 billion and owns and operates 8,400 miles of interstate pipelines. CenterPoint Energy and OGE will share governance of the general partnership on a 50/50 basis.