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Centerpoint Energy Unit Signs Joint Development Deal With FPL Affiliate To Explore Construction Of New Pipeline

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Centerpoint Energy Inc. (CNP) said that its indirect wholly-owned pipeline subsidiary has signed a joint development agreement with NextEra US Gas Assets LLC, an affiliate of FPL Group Inc. (FPL) to explore the construction of a pipeline in north Louisiana to transport natural gas from the expanding Haynesville Shale area.

The capacity of the potential new pipeline would be up to 2.0 billion cubic feet per day and would connect Haynesville Shale natural gas production to markets in north Louisiana and CenterPoint Energy's Perryville Hub.

An upcoming open season will be held to gauge market interest in the proposed new pipeline, the company noted.

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Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.