The company said the sale of the two companies' regulated natural gas distribution businesses to Bernhard Capital Partners affiliates was completed on July 1, 2025.

1. 01

   The company said the sale of the two companies' regulated natural gas distribution businesses to Bernhard Capital Partners affiliates was completed on July 1, 2025.

2. 02

   The company said the base purchase price for the ENO Gas Business was $285.5 million and for the ELL Gas Business was $198 million, each subject to certain adjustments.

3. 03

   The company said the transferred assets include about 3,700 miles of natural gas pipelines and 2,200 miles of service lines, and that the Entergy Louisiana gas business served about 96,000 homes and businesses, while the Entergy New Orleans gas business served about 108,000.

4. 04

   The company explained that the transaction was meant to sharpen its focus on its growing electric business, and said it received all required federal and state regulatory approvals, including from the Louisiana Public Service Commission.

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