Akin Advises CenterPoint Energy in Sale of Energy Systems Group

May 25, 2023

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Jacinta O'Shea-Ramdeholl

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Scott Wasserman

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(Houston) – Akin advised CenterPoint Energy, Inc. in its agreement to sell Energy Systems Group, its wholly-owned subsidiary that specializes in providing energy efficiency and sustainable energy solutions, to ESG Holdings Group, LLC, an affiliate of Oaktree Capital Management, for $157 million.

The Akin team was led by corporate partner Rob Shearer and counsel Mary Lovely, and included corporate associates Courtney Beloin, Grace Seidl and Mary Day Royston; antitrust partner Corey Roush and associate Mitchell Khader; employee benefits partner Rolf Zaiss and counsel Aaron Farovitch; tax partner Julia Pashin and counsel Aaron Vera; government contracts partner Angela Styles and associate Hillary John; intellectual property partner David Vondle; labor & employment partner Brian Patterson; real estate senior counsel Richard Frank and environment & natural resources partner David Quigley and senior counsel Andrew Oelz.

Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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