secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY LOUISIANA, LLC (ELC)
CIK:        0001348952
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0000065984-25-000074
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 2.01, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1348952/000006598425000074/0000065984-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65984/000006598425000074/etr-20250701.htm
  HTML page:      https://secwatch.observer/filing/0000065984-25-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer