Davis Polk acted as special product counsel to the representatives of the several underwriters in connection with the $977.5 million SEC-registered offering of 19,550,000 depositary shares (including 2,550,000 depositary shares issued pursuant to the exercise in full of the underwriters’ over-allotment option), each representing a 1/20th interest in a share of CenterPoint Energy, Inc.’s new 7.00% Series B mandatory convertible preferred stock.

CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations.

The Davis Polk corporate team included partners Mark M. Mendez and Mark J. DiFiore, counsel Barry J. Gewolb and associates Caitlin L. Wood and Brent T. Duddie. The tax team included partner Michael Farber and associate Itay Peer. All members of the Davis Polk team are based in the New York office.