Delta Utilities will have nearly 600,000 customers across the Gulf Coast. According to the application with the PSC, the Delta Utilities-CenterPoint deal will not result in new rates for customers.

But Delta Utilities argued that this would not be an issue since they planned to keep on Entergy’s existing gas utility employees, ensuring both consistency and institutional expertise.

Delta Utilities, a natural gas utility backed by Bernhard Capital Partners and locally headquartered in Louisiana, announced Tuesday, April 1, 2025 that it has acquired CenterPoint Energy's three ...

Delta agreed to acquire the companies in 2024. Bernhard has around $5 billion in assets. Delta Utilities, based in New Orleans, is a regulated natural gas utility company.

Delta Utilities will have nearly 600,000 customers across the Gulf Coast. According to the application with the PSC, the Delta Utilities-CenterPoint deal will not result in new rates for customers.

Delta Utilities is now the leading natural gas utility in Louisiana and Mississippi and one of the top 40 natural gas providers in the U.S., said Jeff Jenkins, Bernhard founder and partner.

Entergy has announced it has completed and approved the sale of its natural gas distribution business to Delta Utilities. “Today marks a major milestone as we complete the transition of our ...

Entergy has completed the sale of its natural gas distribution operations to Delta Utilities. The transaction marks a significant shift in natural gas service across parts of Louisiana.

Delta Utilities, which was created by Bernhard Capital Partners in late 2023, has also acquired Entergy’s gas utilities in Baton Rouge and CenterPoint Energy’s gas utilities across southwest ...

We are confident Delta Utilities will continue that commitment." The assets include approximately 3,700 miles of natural gas pipelines and 2,200 miles of service lines.

Delta Utilities will immediately assume responsibility for serving CenterPoint Energy's former customers in Louisiana and Mississippi.