With this agreement, NDR will assist CenterPoint in providing clean natural gas to about three million residential, commercial and industrial customers for its service area, NDR said.

Universal Bioenergy CEO Vince Guest said that the agreement will have a significant impact on Universal Bioenergy’s market value, assets and have a positive effect on its shareholders.

NDR chief operating officer Ken Harris said that procuring a contract with an $8bn energy company like CenterPoint speaks volumes about NDR, and this will be the beginning of a long and profitable relationship.

Universal Bioenergy is an alternative energy company and intends to create and market natural and alternative energy sources including natural gas, solar, biofuels, wind, synthetic fuels and related energy technology products.