A recent audit of CenterPoint Energy’s management found that the utility company did not adequately assess the risks or potential conflicts of interest before agreeing to an $800 million mobile generator lease.
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CenterPoint had inadequacies in generator procurement process, state-commissioned audit finds
The audit was initiated by the Public Utility Commission of Texas (PUCT) after state leaders questioned why CenterPoint had failed to utilize its leased mobile generators during Hurricane Beryl last July.