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Deltas Utilities to buy CenterPoint Energy operations in Louisiana, Mississippi

Deltas Utilities to buy CenterPoint Energy operations in Louisiana, Mississippi
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Baton rougeUnited statesDave kovaleskiJeff jenkinsCenterpoint energyDeltas utilitiesBernhard capital partnersBernhard capitalNew orleansDelta utilities

Bernhard Capital-Backed Delta Utilities to Acquire CenterPoint Energy s Louisiana and Mississippi Natural Gas Distribution Operations

BATON ROUGE, La., Feb. 20, 2024 /PRNewswire/ — Bernhard Capital Partners (“Bernhard Capital”), a services and infrastructure-focused private equity management firm, announced today that its portfolio company, Delta Utilities, has entered into an agreement with CenterPoint Energy, Inc. (“CenterPoint”) to acquire its natural gas distribution operations in both Louisiana and Mississippi. Currently, CenterPoint’s natural gas […]

United statesBaton rougeJeff jenkinsJoele frankWilkinson brimmer katcherErik carlsonEd trisselDelta utilitieKirkland ellisCenterpoint energy incBernhard capital partnersDelta utilitiesCenterpoint energyBernhard capitalNew orleansCapital partners

PE-Backed Delta Utilities Buys CenterPoint s Lousiana and Mississippi Natural Gas Distribution Operations

PE-Backed Delta Utilities Buys CenterPoint s Lousiana and Mississippi Natural Gas Distribution Operations
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United statesNew orleansBaton rougeJeff jenkinsKirkland ellisCenterpoint energy incDelta utilitiesBernhard capital partnersCenterpoint energyBernhard capitalGulf south

CenterPoint Selling Natural Gas Divisions for $1 2B

The investment firm agreeing to buy the Louisiana and Mississippi businesses last fall struck a similar deal with Entergy.

United statesBaton rougeNew orleansJason wellsJeff jenkinsLeaders of centerpoint energy incEnbridge incEntergy incEversource energyDominion energy incCenterpoint energyCapital partnersHouston electricDelta utilitiesDominion energy