Delta Utilities (Bernhard Capital-Backed) Acquires Entergy's Natural Gas Distribution Businesses in New Orleans and East Baton Rouge Parish
July 1, 2025
Delta Utilities, a Bernhard Capital Partners portfolio company, acquired Entergy's two regulated natural gas distribution businesses serving New Orleans and East Baton Rouge Parish, adding more than 200,000 customers and approximately 200 employees. The transaction expands Delta Utilities' footprint across Louisiana and Mississippi, positioning the company to serve roughly 600,000 customers and more than 800 employees following prior platform acquisitions.
- Targets
- Entergy's New Orleans natural gas distribution business, Entergy's East Baton Rouge Parish natural gas distribution business
- Sellers
- Entergy
- Platforms
- Delta Utilities
- Industry
- Energy
- Location
- Louisiana, United States
- Transaction Type
- Addon
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