Duotech Services Expands Franklin, North Carolina, Operations
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Deltas Utilities to buy CenterPoint Energy operations in Louisiana, Mississippi
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CenterPoint to sell natgas assets in Louisiana and Mississippi for $1 2 billion
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Several U.S. utilities have been disposing of their unregulated assets are the returns are dictated by market dynamics, while regulated operations offer steady returns that are preferred by investors. Last year, Utility firms Duke Energy and American Electric Power announced sales of their unregulated assets. "From an operational and strategic perspective, we remain confident in and committed to our regulated natural gas utilities in Texas, Indiana, Minnesota, and Ohio where we have significant footprints and rate bases," said CEO Jason Wells in a statement.