Louisiana-based Delta Utilities, a natural gas utility backed by Bernhard Capital Partners, has acquired CenterPoint Energy’s three regulated natural gas local distribution companies, serving communities throughout Louisiana and Mississippi.
“Today is nothing short of historic for the energy landscape in the Gulf South region, the communities we are proud to serve and the legacy we hope to build at Delta Utilities,” said Pete Tumminello, executive chairman of Delta Utilities’ board of directors. “While Delta Utilities is officially serving its first customers today, the organization is driven by a team with decades of experience in natural gas utility operations and leadership.”
Tim Poché, CEO of Delta Utilities, added, “Completing this acquisition furthers our vision to establish modern, multi-state natural gas utilities that build stronger, more resilient communities. We are
