Bernhard Capital Partners-backed Delta Utilities completed the acquisition of the Louisiana and Mississippi assets of CenterPoint Energy for $1.2bn.

Bernhard Capital Partners-backed Delta Utilities, a company with a core focus on safe, dependable natural gas distribution, completed the acquisition of the Louisiana and Mississippi assets of CenterPoint Energy, an American electric and natural gas utility, for $1.2bn. "I would like to thank our Louisiana and Mississippi LDC employees, as well as the team members who support these businesses, for their focus on safety, performance, and results. Together, they are our customers’ trusted energy partner in these regions," Jason Wells, CenterPoint President and CEO.