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CenterPoint Energy completes sale of its Louisiana and Mississippi natural gas distribution businesses to Bernhard Capital Partners

Summary by The Daily News
HOUSTON--(BUSINESS WIRE)--Apr 1, 2025-

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CenterPoint Energy completes sale of its Louisiana and Mississippi natural gas distribution businesses to Bernhard Capital Partners

HOUSTON--(BUSINESS WIRE)--Apr 1, 2025-

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KTAL NBC 6 NewsKTAL NBC 6 News

CenterPoint Energy sells Louisiana facilities

CADDO PARISH, La. (KTAL/KMSS) - CenterPoint Energy has sold its natural gas distribution facilities in Louisiana and Mississippi. CenterPoint Energy announced the completion of the sale to Bernhard Capital Partners on Tuesday. It covers 12,000 miles of pipeline through Louisiana and Mississippi, serving 380,000 customers. Delta Utilities, based in New Orleans, will now serve those customers. CenterPoint Energy said it is supporting Delta Utiliti…

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columbianprogress.comcolumbianprogress.com

CenterPoint Energy sells to Bernhard Capital Partners

CenterPoint Energy sells to Bernhard Capital Partners alockwood Tue, 04/01/2025

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Hart EnergyHart Energy

CenterPoint Energy Completes NatGas Pipeline Sale to Bernhard

CenterPoint Energy Inc. has closed on a sale of natural gas distribution utilities in Louisiana and Mississippi to Bernhard Capital Partners.

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Business ReportBusiness Report

BCP-backed Delta Utilities closes on CenterPoint’s natural gas assets

Baton Rouge-based Bernhard Capital Partners’ portfolio company Delta Utilities has completed its acquisition of CenterPoint’s natural gas assets in Louisiana and Mississippi, the company announced Tuesday.  CenterPoint had three regulated natural gas local distribution companies serving approximately 380,000 residential and commercial customers in both states. The acquisition includes approximately 12,000 miles of main pipeline.  Financial terms…

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thebesttimes.comthebesttimes.com

Bernhard Capital-Backed Delta Utilities Completes Acquisition of CenterPoint Energy's Natural Gas Distribution Businesses in Louisiana and Mississippi

BATON ROUGE, La., April 1, 2025 /PRNewswire/ -- Delta Utilities, a Bernhard Capital Partners portfolio company, today announced it has acquired CenterPoint Energy's three regulated natural gas local distribution companies serving communities throughout Louisiana and Mississippi.

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BIC Magazine broke the news in on Tuesday, April 1, 2025.
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