Hunton Andrews Kurth acted as counsel to the underwriters on an SEC-registered offering of approximately $400 million aggregate principal amount of Series 2025-A Senior Secured System Restoration Bonds (the Bonds) by CenterPoint Energy Restoration Bond Company II, LLC, as "Issuing Entity", a Delaware limited liability company, wholly-owned subsidiary of CenterPoint Houston, who served as sponsor and depositor. The Bonds were sold pursuant to a financing order issued by the Public Utility Commission of Texas. The Bond proceeds will be used to reduce to pay to CenterPoint Houston the purchase price of CenterPoint Houston’s rights under the financing order, which are system restoration property. In accordance with the financing order, CenterPoint Houston will use the proceeds to reduce its recoverable system restoration costs incurred in connection with the May 2024 Houston Derecho and other strong thunderstorms that caused extensive damage in the Houston area.

The Hunton team included Michael Fitzpatrick, Adam O'Brian, Matthew A. Hayes and Gabrielle Kraushaar. Jason Harbour assisted with certain bankruptcy advice, Shawn Regan and Kate Perkins assisted with certain constitutional law matters, Leslie A. Okinaka provided ERISA advice and George Howell, Anna Page and Zachary Roop provided tax advice.