Delta Utilities announced Tuesday it had closed on its $484 million purchase of Entergy’s natural gas business.
Officials with both companies had said the deal would close in the second half of the year.
Delta Utilities, headquartered in New Orleans, was set up by Bernhard Capital Partners. Earlier this year, Delta Utilities completed the purchase of CenterPoint Energy’s natural gas distribution operations in Louisiana and Mississippi.
Delta Utilities is now the leading natural gas utility in Louisiana and Mississippi and one of the top 40 natural gas providers in the U.S., said Jeff Jenkins, Bernhard founder and partner. Delta Utilities has nearly 600,000 customers across the Gulf Coast, including 209,000 in New Orleans and East Baton Rouge Parish.
Entergy natural gas customers have been automatically transferred to Delta Utilities. However, account holders will have to reenroll in programs such as paperless billing, automatic payments, level billing and pick-a-date billing.
Information on how to reenroll will be included in the first gas bill and are available online at deltautilities.com
