ENTERGY LOUISIANA, LLC (ELC): M&A transaction — Entergy completes ~$483.5M sale of gas distribution business to Bernhard Capital-backed Delta Utilities

ENTERGY LOUISIANA, LLC

Base purchase price: $285.5M for New Orleans gas business, $198M for Baton Rouge gas business, totaling ~$483.5M.
Assets include approx 3,700 miles of natural gas pipelines and 2,200 miles of service lines.
Gas customers served: ~108,000 in New Orleans and ~96,000 in Baton Rouge (total ~204,000).
Transaction closed July 1, 2025; all required federal and state regulatory approvals received.
Entergy says sale sharpens focus on its growing electric utility operations.

item 2.01 item 8.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ENTERGY LOUISIANA, LLC completed a disposition involving Delta Utilities (closed 2025-07-01).

Action: disposition
Counterparty: Delta Utilities
Closing: 2025-07-01

Exact text from the filing

Entergy today announced the successful completion of the previously disclosed and approved sale of its natural gas distribution business to Delta Utilities

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ENTERGY LOUISIANA, LLC filing history →

Source: SEC EDGAR

accession 0000065984-25-000074

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