---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-167028"
form_type: "8-K"
ticker: "CNP"
cik: "0001130310"
company_name: "CENTERPOINT ENERGY INC"
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:23:39.128696+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CNP subsidiary enters $300M term loan for May storm liquidity; restoration costs estimated $425-475M

## Summary
- CenterPoint Energy Houston Electric entered a $300M delayed draw term loan (plus $200M accordion) due Dec 2025.
- Proceeds support working capital after May 2024 storms that caused peak outages of ~922,000 customers.
- Storm restoration costs estimated at $425-475M; recovery expected via securitization bonds.
- Covenant: debt-to-capitalization ratio capped at 67.5%, temporarily 70% for natural disaster securitization.
- CenterPoint Energy reaffirms previously issued non-GAAP earnings guidance.

## SEC filing metadata
- accession: 0001193125-24-167028
- form_type: 8-K
- ticker: CNP
- cik: 0001130310
- company_name: CENTERPOINT ENERGY INC
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130310/000119312524167028/0001193125-24-167028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/48732/000119312524167028/d811993d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-167028
- JSON: https://secwatch.observer/filing/0001193125-24-167028.json
- Plain text: https://secwatch.observer/filing/0001193125-24-167028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.