CenterPoint Energy Sees up to $1.3 Bln in Restoration Costs After Hurricane Beryl

(Reuters) – Electric and gas utility CenterPoint Energy (CNP.N) said on Tuesday it expects total costs to restore facilities damaged by Hurricane Beryl to be in the range of $1.2 billion to $1.3 billion. Earlier this month, Hurricane Beryl made landfall near the coastal town of Matagorda, Texas, causing significant damage to CenterPoint electric subsidiary’s delivery system. Nearly … Read more