---
schema_version: "secwatch.filing_event.v1"
accession: "0000065984-23-000087"
form_type: "8-K"
ticker: "ELC"
cik: "0001348952"
company_name: "ENTERGY LOUISIANA, LLC"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:42:11.615982+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Entergy sells gas distribution business to Bernhard Capital Partners for ~$484M

## Summary
- Total cash consideration ~$484M; net proceeds to repay debt and support electric utility capital needs.
- Sale includes ~204,000 gas customers in Baton Rouge and New Orleans.
- Regulatory approvals required from LPSC, Baton Rouge Metro Council, and New Orleans City Council.
- Expected closing in ~21 months; impact on adjusted EPS essentially neutral.
- Transaction to be discussed on Nov 1 Q3 2023 earnings call.

## SEC filing metadata
- accession: 0000065984-23-000087
- form_type: 8-K
- ticker: ELC
- cik: 0001348952
- company_name: ENTERGY LOUISIANA, LLC
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1348952/000006598423000087/0000065984-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65984/000006598423000087/etr-20231028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000065984-23-000087
- JSON: https://secwatch.observer/filing/0000065984-23-000087.json
- Plain text: https://secwatch.observer/filing/0000065984-23-000087.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.