secwatch / observer
8-K filed July 1, 2025, 7:59 PM ET ticker ELC CIK 0001348952
M&A confidence high sentiment positive materiality 0.70

Entergy completes ~$483.5M sale of gas distribution business to Bernhard Capital-backed Delta Utilities

ENTERGY LOUISIANA, LLC

Machine-readable event card

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0001348952
company_name
ENTERGY LOUISIANA, LLC
filed_at
2025-07-01T23:59:59+00:00
discovered_at
2026-05-14T18:02:43.795660+00:00
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2026-05-18T09:55:27.924682+00:00
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https://www.sec.gov/Archives/edgar/data/1348952/000006598425000074/0000065984-25-000074-index.htm
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https://www.sec.gov/Archives/edgar/data/65984/000006598425000074/etr-20250701.htm
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Source-grounded claims

9bd9731737f38edd03e0587000e65cb034e5c0b8

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

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

SEC 8-K Item 2.01/5.01 confidence 0.9 SEC evidence

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same fact type: ma_transaction same SEC item: 2.01, 7.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

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BHR

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same fact type: ma_transaction same SEC item: 2.01, 7.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

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Filing page SEC filing

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same fact type: ma_transaction same SEC item: 2.01, 7.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

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This filing

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

Comparable filing

the closing of the Transaction, after giving effect to estimated working capital, the assumption of finance leases by the Purchaser and before certain transaction expenses, was $110 million in cash (subject to a post-closing working capital adjustment). The foregoing summary of the Transaction and the terms and conditions of the Purchase Agreement is subject to, and

Filing page SEC filing

THR

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same fact type: ma_transaction same SEC item: 2.01, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

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same fact type: ma_transaction same SEC item: 2.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

As previously announced on the Current Report on Form 8-K filed with the Securities and Exchange Commission (the “ SEC ”) on May 28, 2026 (the “ May 28 Current Report ”), Hadron Energy, Inc. (f/k/a GigCapital7 Corp. (“ GigCapital7 ”)) (the “ Company ” or “ Combined Company ” or “ Hadron Energy ”) consummated its business combination (the “ Business Combination ”) with Hadron Energy Operating Company Inc. (f/k/a Hadron Energy, Inc.) (“ Hadron Energy Operating Company ”) on May 22, 2026, pursuant to that certain Business Combination Agreement, dated as of September 27, 2025, as amended by that certain First Amendment to Business Combination Agreement, dated as of December 12, 2025, and by that certain Second Amendment to Business Combination Agreement, dated as of April 16, 2026 (the “Second Amendment”), by and among GigCapital7, MMR Merger Sub, Inc. and Hadron Energy Operating Company (the “ Business Combination Agreement ”).

Filing page SEC filing

NNE

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same fact type: ma_transaction same SEC item: 2.01, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

“STS Acquisition”). The closing of the STS Acquisition occurred on May 22, 2026 (the “Closing Date”). Pursuant to the Purchase Agreement, the Buyer Parties agreed to pay up to $13.0 million in total consideration for STS, consisting of (i) approximately $6.0 million in cash (the “Closing Cash Consideration”), subject to adjustment under certain conditions within 180

Filing page SEC filing

ESGH

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same fact type: ma_transaction same SEC item: 2.01, 8.01, 9.01 same event type: m_and_a similar materiality

This filing

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

Comparable filing

the Company transferred 100% of the issued and outstanding shares of ESG China Limited in exchange for the surrender, redemption, retirement and cancellation of an aggregate of 10,432,800 shares of the Company ’ s common stock. Following completion of the transaction, ESG China Limited and its downstream China operations ceased to be subsidiaries of the Company and

Filing page SEC filing

Source: SEC EDGAR
accession 0000065984-25-000074

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