CenterPoint Energy wins USD 50 million DOE grant for Houston grid modernization

• CenterPoint Energy won selection for a USD 50 million U.S. Department of Energy grant for advanced substation upgrades in Greater Houston.
• Project targets grid resiliency, reliability, rapid response to demand swings, capacity expansion.
• Funding runs through DOE’s SPARK program; award subject to final negotiations.
• Siemens Energy technology slated for deployment; company expects more than 500 local jobs tied to construction, installation.

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