CenterPoint Energy considering review of Enable Midstream investment

Mon Feb 1, 2016 7:03am EST
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Feb 1 (Reuters) - CenterPoint Energy Inc said on Monday it was considering strategic options for its investment in natural gas pipeline company Enable Midstream Partners LP , including a sale or a spinoff.

The move follows CenterPoint's $363 million investment in Enable Midstream's preferred securities on Friday.

CenterPoint owns a 50 percent general partner interest and 55.4 percent limited partner interest in Enable Midstream, which it jointly controls with OGE Energy Corp.

(Reporting by Amrutha Gayathri in Bengaluru; Editing by Sriraj Kalluvila)