Summary
CenterPoint Energy, Inc. (CNP) filed an 8-K on March 19, 2020, primarily to disclose financial information regarding its subsidiaries, Vectren Utility Holdings, Inc. (VUHI) and its wholly-owned subsidiary, Southern Indiana Gas & Electric Company (SIGECO). The filing includes audited financial statements for VUHI and SIGECO for the years ended December 31, 2019, and 2018, which are provided as Exhibits 99.1 and 99.2. It is crucial for investors to note that these financial statements are furnished, not filed, and are not intended to comply with Regulation S-X or S-K. This means the information presented in these exhibits will not be considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be automatically incorporated into future CenterPoint Energy registration statements. The purpose of this disclosure is to provide a regulatory update on the financial performance of these specific Vectren subsidiaries.
Key Highlights
- 1Disclosure of audited financial statements for Vectren Utility Holdings, Inc. (VUHI) for FY 2019 and 2018.
- 2Disclosure of audited financial statements for Southern Indiana Gas & Electric Company (SIGECO) for FY 2019 and 2018.
- 3VUHI is a wholly-owned subsidiary of CenterPoint Energy; SIGECO is a wholly-owned subsidiary of VUHI.
- 4Exhibits 99.1 and 99.2 containing the financial statements are furnished, not filed, under Item 7.01.
- 5The provided financial statements are not intended to comply with SEC Regulations S-X or S-K.
- 6Information in the furnished exhibits is not subject to Section 18 of the Securities Exchange Act of 1934.
- 7The financial information will not be incorporated by reference into future CenterPoint Energy SEC filings unless explicitly stated.