CenterPoint Energy: The Hurricane Beryl Challenge (NYSE:CNP)

September 1, 2024


a white emergency truck with yellow flashing lights sits behind a downed electric pole fallen across one lane of a state highway in rural ohio.

samuel howell/iStock via Getty Images

Investment Thesis

CenterPoint Energy, Inc. (NYSE:CNP) suffered significant operational, financial, and reputational damage from Hurricane Beryl in July 2024. Over 80% of CNP Texas customers lost power, and power was not fully restored for 12 days.



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