Financial News

Energy Systems Group Names Steven Craig President

NEWBURGH, Ind., March 07, 2023 (GLOBE NEWSWIRE) -- Energy Systems Group (ESG), a subsidiary of CenterPoint Energy, announced that Steven Craig has been named President. In this capacity, Craig is responsible for leading all facets of ESG’s business, with a focus on working across the organization to execute the company’s customer-centric strategy in its various markets.

“Steve assumes the role of President at a time when our growth potential has never been more promising. As our industry and customers continue to embrace cleaner energy initiatives, resiliency, sustainability, and increased use of public and private funding, we have a unique opportunity to expand our business offerings and relationships,” said Monica Karuturi, Executive Vice President and General Counsel, CenterPoint Energy. “Steve is a highly respected leader, with the vision, purpose and passion to move ESG forward. With his knowledge of our company, our markets and the industry, I have no doubt that he will excel in this key role.”

Craig has more than 30 years of experience serving customers in the energy infrastructure and power generation sectors, including providing financial oversight and serving in functional leadership roles. He joined ESG in 2019 and most recently served as Vice President, Sales, Business Development and Marketing. In this capacity, Craig sets the strategic direction for the company’s enterprise-level sales, business development and marketing efforts. He also provides overall leadership of the sales excellence, training, and development priorities.

In addition to serving as President, Craig will retain his current sales, business development and marketing duties. “ESG has an exceptionally committed and talented team, and I am honored to lead our company into the future,” said Craig. “Our customers are navigating complex and dynamic challenges, but they also have exciting opportunities to improve their efficiencies, energy resilience and environmental sustainability, as well as unlock new revenue streams. We will continue to be at their side, offering guidance and viable, proven solutions to help achieve the greatest value from their operations.”

About Energy Systems Group, LLC
ENERGY SYSTEMS GROUP®, a wholly owned subsidiary of CenterPoint Energy, Inc., is a leading sustainable energy solutions provider that specializes in energy efficiency, sustainability, resiliency, and infrastructure improvement solutions in the government, education, healthcare, commercial, and industrial sectors. ESG also offers a full range of sustainable infrastructure solutions including waste-to-energy, distributed generation, and renewable energy. To learn more about ESG, visit www.energysystemsgroup.com.

Forward Looking Statement:
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as the potential growth, including the timing and scale of such growth, of ESG and CenterPoint Energy, the growth and demand for energy efficiency services and those services provided by ESG, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; (5) effects of competition; (6) weather variations; (7) changes in business plans; (8) continued disruptions to the global supply chain and increases in commodity prices; (9) legislative decisions, including tax and developments related to the environment such as global climate change, air emissions, carbon and waste water discharges; (10) ESG’s and CenterPoint Energy’s ability to execute on its initiatives, targets and goals and operations and maintenance goals and (11) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

For more information, contact Bethany R. Smith, FSMPS, CPSM | Strategic Marketing Leader
812.492.3734 | brsmith@esg.email | energysystemsgroup.com


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