Subsequent Events (CenterPoint Energy) (Tables)

3 Months Ended

Mar. 31, 2020

Subsequent Events [Abstract]

Schedule of Subsequent Events [Table Text Block]

CenterPoint Energy Dividend Declarations

Equity Instrument	Declaration Date	Record Date	Payment Date	Per Share
Common Stock (1)	April 24, 2020	May 21, 2020	June 11, 2020	$	0.1500
Series B Preferred Stock	April 24, 2020	May 15, 2020	June 1, 2020	17.5000

(1) On April 1, 2020, in response to the reduction in cash flow related to the reduction in Enable quarterly common unit distributions announced by Enable on April 1, 2020, CenterPoint Energy announced a reduction of its quarterly common stock dividend per share from $0.2900 to $0.1500.

Enable Distributions Declarations (CenterPoint Energy)

Equity Instrument	Declaration Date	Record Date	Payment Date	Per Unit Distribution		Expected Cash Distribution (in millions)
Enable common units (1)	May 5, 2020	May 19, 2020	May 27, 2020	$	0.16525	$	39
Enable Series A Preferred Units	May 5, 2020	May 5, 2020	May 15, 2020	0.62500		9

(1) On April 1, 2020, Enable announced a reduction in its quarterly distributions per common unit from $0.3305 distributed for the fourth quarter 2019 to $0.16525, representing a 50% reduction.

Divestiture of Infrastructure Services (CenterPoint Energy)

On April 9, 2020, CenterPoint Energy completed the previously announced sale of the Infrastructure Services Disposal Group to PowerTeam Services for $850 million in cash, subject to an adjustment for working capital and other contractual adjustments. The net proceeds of the sale were used to repay a portion of outstanding CenterPoint Energy debt. See Note 3 for further information.

ERCOT Loan Agreement (CenterPoint Energy and Houston Electric)

On April 13, 2020, in connection with the PUCT’s COVID-19 ERP, Houston Electric entered into a no-interest loan agreement with ERCOT to provide for an initial fund balance for reimbursement for approximately $5 million.

Private Placements

On May 6, 2020, CenterPoint Energy entered into agreements for the private placements of its Series C Preferred Stock and its Common Stock. For more information about the private placements, see Note 19.