CenterPoint Energy Increases Long-Term Capital Investment Plan to $70.7 Billion Amid Rising Demand
CenterPoint Energy (CNP) reported third-quarter 2026 non-GAAP EPS of $0.53, up from $0.50 in the prior year. Driven by strong execution and high demand visibility, management raised its 2026 earnings guidance to a range of $1.90–$1.92 and initiated 2027 guidance at $2.07–$2.09, representing approximately 9% growth. The company significantly expanded its 10-year capital investment plan by $4 billion, bringing the total to $70.7 billion through 2035. This expansion is primarily intended to support accelerating customer demand in the Greater Houston territory and industrial load requests. To fund these initiatives, CenterPoint expects to issue $500 million to $700 million in common equity in 2027.