04:19 AM EDT, 05/28/2025 (MT Newswires) -- CenterPoint Energy ( CNP ) said late Tuesday it priced an underwritten offering of about 21.6 million common shares at $37 per share.

The company granted the underwriters a 30-day option to buy up to an additional about 3.2 million common shares. The offering is expected to close on Thursday.

All the shares are expected to be borrowed by forward counterparties from third parties and sold to underwriters in connection with certain forward sale agreements, which are expected to settle by Feb. 25, 2027, CenterPoint said.

If the company elects physical settlement of the forward sale agreements, it plans to use the net proceeds for general corporate purposes.