Texas - based investor CenterPoint Energy said it would buy rival utilities in a deal worth around $ 6bn . The deal , which is expected to complete during spring 2018 , will create a company with assets worth $ 29bn , delivering electricity and natural gas to seven million customers across eight US states .
Texas-based utility CenterPoint Energy said it would buy rival Vectren in a deal worth around $6bn. The acquisition, which is expected to complete during Q1 2019, will create a company with assets worth $29bn, delivering power and natural gas to seven million people across eight US states.