Under terms of the merger agreement, Energy Transfer will acquire all outstanding limited partnership units of Enable through a unit-for-unit exchange ratio of 0.8595x. OGE Energy Corp. will own approximately 3% of the outstanding LP units of Energy Transfer immediately after the deal's consummation. As part of the transaction, Energy Transfer will acquire general partner interests from OGE Energy Corp. and CenterPoint Energy for $10 million in aggregate cash consideration. In addition, upon closing, CenterPoint Energy will pay OGE Energy Corp. $30 million.