8-K/AExhibits & Filings

CENTERPOINT ENERGY INC 8-K/A Report, Exhibit Filing (Jul 17, 2013)

Filed July 17, 2013For Securities:CNP

Summary

This Form 8-K/A filing from CenterPoint Energy, Inc. (CNP) serves as an amendment to a previous report filed on May 7, 2013, concerning the formation of its midstream partnership. The primary purpose of this amendment is to include essential financial information related to this significant strategic transaction. Specifically, it incorporates the audited and unaudited financial statements of Enogex LLC, a key entity in the partnership, for various periods ending in 2012 and the first quarter of 2013. Furthermore, the filing provides pro forma financial information for CenterPoint Energy, presenting a condensed consolidated balance sheet as of March 31, 2013, and condensed consolidated income statements for the three months ended March 31, 2013, and the full year 2012. This pro forma data is crucial for investors as it illustrates the combined financial impact of the midstream partnership on CenterPoint Energy's financial position and performance, offering a clearer view of the entity's expected financial standing post-transaction.

Key Highlights

  • 1This is an Amendment No. 1 to a previous Form 8-K filed on May 7, 2013, related to the Midstream Partnership.
  • 2The amendment's primary purpose is to include required financial statements and pro forma information for the Midstream Partnership.
  • 3Audited and unaudited financial statements of Enogex LLC for periods ending December 31, 2011, December 31, 2012, and March 31, 2013, are included.
  • 4Pro forma condensed consolidated financial statements for CenterPoint Energy are provided, reflecting the impact of the Midstream Partnership.
  • 5Pro forma balance sheet as of March 31, 2013, and pro forma income statements for Q1 2013 and full-year 2012 are presented.
  • 6The formation of the Midstream Partnership was completed on May 1, 2013, involving OGE Energy Corp. and affiliates of ArcLight Capital Partners.
  • 7No other amendments to the original Form 8-K filing are being made, only the addition of financial information.

Frequently Asked Questions

The main purpose of this amended Form 8-K (Amendment No. 1) is to provide the necessary audited and unaudited financial statements of Enogex LLC, along with pro forma financial information for CenterPoint Energy, Inc., related to the formation of its midstream partnership. This information was not fully included in the original filing on May 7, 2013.

This amendment adds the unaudited condensed consolidated financial statements of Enogex LLC for the three months ended March 31, 2013, and the audited consolidated financial statements of Enogex LLC for the years ended December 31, 2012 and 2011. It also includes unaudited pro forma condensed consolidated financial statements for CenterPoint Energy, Inc., giving effect to the Midstream Partnership.

The Midstream Partnership was completed on May 1, 2013. The partners involved are CenterPoint Energy, Inc., OGE Energy Corp., and two affiliates of ArcLight Capital Partners, LLC.

No, the filing explicitly states that no other amendments to the original Form 8-K filing on May 7, 2013, are being made by this Amendment No. 1. The focus is solely on supplementing the filing with the required financial statements and pro forma information.