CenterPoint Energy (NYSE:CNP) reported second-quarter 2026 GAAP earnings of $0.37 and non-GAAP earnings of $0.40 per diluted share, reinforcing its full-year non-GAAP earnings guidance of $1.89 to $1.91 per share. This guidance signifies an estimated 8% growth from the company’s 2025 results.
For potential growth, CenterPoint has submitted over 17 gigawatts of large-load projects through ERCOT’s Batch Zero process, with 14 gigawatts still eligible. The company anticipates completing most of these base-load and studied-load projects by the end of 2030, backed by approximately $900 million in customer commitments. Additionally, CenterPoint has increased its 10-year capital investment plan to $66.7 billion, which includes $800 million for system upgrades related to these projects.
CenterPoint estimates that these new large-load projects could save customers more than $5 billion over the next decade by sharing costs more evenly among large and smaller customers. The company invested $1.5 billion in Q2 and is on track to fulfill its $6.8 billion capital spending target for the year, with a current loss-to-debt ratio of 13.4% at the end of Q2.
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