“I’m confident in our team’s ability to continue to make meaningful advances in furthering the resiliency and reliability of our Houston electric grid. Our enhanced resiliency investment journey is well underway, and we’ve made tremendous progress over the last couple years in hardening our transmission system. We’ve now turned our attention to increasing and accelerating investments in automation and self-healing technologies at the distribution system level which we believe will help us deliver on our goal for Houston Electric to build the most resilient coastal grid in the nation,” said Jason Wells, President & CEO of CenterPoint. “I’m proud of our employees who helped us deliver on our commitments of Phase I of the Greater Houston Resiliency Initiative at an unprecedent pace. We know we have more work to do, and it’s already started in Phase II of our program as we work to re-earn the trust of our customers, communities, and stakeholders.” continued Wells.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNP:
- Centerpoint Energy Inc (CNP) Q3 Earnings Cheat Sheet
- CenterPoint Energy price target raised to $32 from $28 at Wells Fargo
- CenterPoint Energy collaborating with Technosylva to monitor for extreme events
- CenterPoint Energy price target raised to $32 from $30 at Morgan Stanley
- CenterPoint Energy reinstated with a Neutral at BofA