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Houston-based CenterPoint Energy Inc. (NYSE: CNP) completed the sale of its natural gas retail business, formerly called CenterPoint Energy Services Inc., to private equity firm Energy Capital Partners LLC. When it was announced in February, the deal was valued at $400 million.Is gas energy renewable?
Renewable natural gas is a subset of synthetic natural gas or substitute natural gas (SNG). ... Renewable natural gas can be produced economically and distributed via the existing gas grid, making it an attractive means of supplying existing premises with renewable heat and renewable gas energy, while requiring no extra capital outlay of the customer.What is natural gas and electricity?
Natural gas is a fossil fuel used as a source of energy for heating, cooking, and electricity generation. It is also used as a fuel for vehicles and as a chemical feedstock in the manufacture of plastics and other commercially important organic chemicals.