This week, the New Orleans City Council unanimously approved the sale of Entergy New Orleans’ natural gas utility to Delta Utilities, a Bernhard Capital Partners portfolio company with a core focus on delivering safe, reliable natural gas service to communities across the Gulf South. This represents the fourth regulatory approval Delta Utilities has received this year to purchase natural gas assets in Louisiana and Mississippi. The Louisiana Public Service Commission and Mississippi Public Service Commission recently approved sales of Entergy Louisiana’s natural gas distribution system in Baton Rouge and CenterPoint Energy’s natural gas systems in north and south Louisiana and in Mississippi to Delta Utilities. These consecutive approvals underscore the BCP team’s experience and successful track record navigating the regulatory process to become a partner-of-choice for regulated utilities. Read the release here: https://lnkd.in/gTzaX_vf
