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CenterPoint Energy (NYSE:CNP) agrees to acquire gathering and processing assets from Martin...

Jun. 19, 2012 8:27 AM ETCenterPoint Energy, Inc. (CNP) StockCNP, OVV, MMLPBy: Carl Surran, SA News Editor1 Comment

CenterPoint Energy (NYSE:CNP) agrees to acquire gathering and processing assets from Martin Midstream Partners (NASDAQ:MMLP), including a 50% interest in Waskom Gas Processing, for ~$275M, and enters a 15-year agreement with Encana (NYSE:ECA) to gather and treat natural gas from two East Texas fields.

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