Entergy Announces Agreement to Sell Gas Distribution Business to Bernhard Capital Partners
October 31, 2023
October 31, 2023
NEW ORLEANS, Louisiana, Oct. 31 (TNSres) -- Entergy issued the following news release on Oct. 30, 2023:
Entergy today announced it has entered into an agreement to sell its gas distribution business to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for approximately $484 million in cash, subject to certain purchase price adjustments. Entergy Louisiana's gas business serves approximately 95,000 homes and businesses in the Baton R . . .
Entergy today announced it has entered into an agreement to sell its gas distribution business to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for approximately $484 million in cash, subject to certain purchase price adjustments. Entergy Louisiana's gas business serves approximately 95,000 homes and businesses in the Baton R . . .