- Enable Midstream Partners says it plans to raise $500M by offering 25M units in its IPO, expecting shares to price at $19-$21 each.
- Enable, which focuses on natural gas and oil infrastructure in the U.S., was formed last year as a limited partnership among CenterPoint Energy (CNP), OGE Energy (OGE) and ArcLight Capital.
- As of Dec. 31, ENBL's energy infrastructure portfolio included ~11K miles of gathering pipelines and 12 major processing plants; total revenue for 2013 was $2.49B.
CenterPoint Energy Inc. (CNP): New Analyst Report from Zacks Equity Research - Zacks Equity Research Report
at Zacks.com (Nov 6, 2014)