PowerTeam Services, a Clayton, Dubilier & Rice portfolio company, in its purchase of Miller Pipeline and Minnesota Limited for $850 million in cash.
Debevoise & Plimpton LLP is advising PowerTeam Services, LLC in its purchase of Miller Pipeline and Minnesota Limited, wholly-owned subsidiaries of CenterPoint Energy, Inc. (NYSE: CNP), for $850 million in cash. The combination of Miller Pipeline and Minnesota Limited with PowerTeam creates one of the largest integrated infrastructure services providers to the natural gas and electric industries in the United States. For more information, please see the company’s press release. Read More>