05:27 PM EDT, 05/27/2025 (MT Newswires) -- CenterPoint Energy ( CNP ) started an $800 million registered underwritten offering of its common shares.

Underwriters will have a 30-day overallotment option to buy up to an additional $120 million in shares, CenterPoint said Tuesday in a statement.

CenterPoint will execute separate forward sale agreements with Bank of America ( BAC ) , JPMorgan Chase ( JPM ) and Mizuho Markets Americas to issue and sell common shares at an initial forward sale price per share equal to the price at which the underwriters buy the shares.

The settlement of the sale agreements is expected by Feb. 25, 2027, the company said.

CenterPoint shares fell 1.7% in after-hours trading.