Delta Utilities Completes Acquisition of Entergy's Gas Assets
Deal News | Jul 01, 2025 | Bernhard Capital Partners Mana
Delta Utilities, backed by Bernhard Capital Partners, has finalized its acquisition of Entergy's regulated natural gas distribution businesses in New Orleans and East Baton Rouge Parish. This strategic move allows Delta Utilities to expand its footprint and service offerings in Louisiana's key communities. As a portfolio company of Bernhard Capital, Delta Utilities benefits from the firm's expertise in the energy and infrastructure sectors.
Sectors
- Energy
- Private Equity
Geography
- United States – The acquisition involves natural gas assets located in New Orleans and East Baton Rouge Parish, Louisiana, USA.
Industry
- Energy – The article involves natural gas utility businesses and their acquisition, which falls under the Energy sector.
- Private Equity – This article discusses a transaction led by a private equity firm, Bernhard Capital Partners, as part of its strategic portfolio development.
Financials
- Not disclosed – The financial details of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Delta Utilities | Acquirer | Company | A portfolio company of Bernhard Capital Partners, focused on the utility sector. |
| Bernhard Capital Partners | Private Equity Firm | Company | The private equity firm supporting Delta Utilities' acquisition of Entergy's assets. |
| Entergy | Vendor | Company | The company selling its regulated natural gas utilities in New Orleans and East Baton Rouge Parish. |