CenterPoint Energy makes another divestment deal for hundreds of millions of dollars

Houston-based CenterPoint Energy Inc. (NYSE: CNP) will sell its natural gas retail business to a private equity firm for about $400 million, according to a Feb. 24 press release.

Energy Capital Partners LLC is buying CenterPoint Energy Services Inc. in the deal, which is expected to close in the second quarter of 2020. CenterPoint plans to use the net proceeds to pay down debt. The deal comes just days after the departure of the company’s CEO and shortly after another multimillion-dollar divestment…