Divestiture • Oil/Gas Exploration

Delta Utilities Acquires Entergy - Gas Distribution Business

On July 1, 2025, Delta Utilities acquired oil/gas exploration company Entergy - Gas Distribution Business from Entergy

Acquisition Context
  • This is Delta Utilities’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Delta Utilities’ 2nd transaction in the United States.

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M&A Deal Summary

Date July 1, 2025
Target Entergy - Gas Distribution Business
Sector Oil/Gas Exploration
Buyer(s) Delta Utilities
Sellers(s) Entergy
Deal Type Divestiture

Target Company

Entergy - Gas Distribution Business

United States
Entergy's Gas Distribution Business serving communities throughout New Orleans and East Baton Rouge Parish.
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Buyer Overview 1

Buyer

Delta Utilities

New Orleans, Louisiana, United States

Category Company
Sector Utilities
DESCRIPTION

Delta Utilities provides natural gas services. Delta Utilities is based in New Orleans, Louisiana.


Deal Context for Buyer #
Overall 2 of 2
Sector: Oil/Gas Exploration 1 of 1
Type: Divestiture 2 of 2
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 CenterPoint Energy - Louisiana & Mississippi Natural Gas Distribution Operations

United States

CenterPoint Energy's Louisiana & Mississippi Natural Gas Distribution Operations provides natural gas distribution systems that serve approximately 381,000 residential and commercial customers across both states.

Buy -

Seller Profile 1

SELLER

Entergy

New Orleans, Louisiana, United States

Category Company
Founded 1913
Sector Energy Services and Equipment
Employees12,267
Revenue 11.9B USD (2024)
DESCRIPTION

Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including more than 10,000 megawatts of nuclear power, making it one of the nation’s leading nuclear generators. Entergy was incorporated in 1913 and is headquartered in New Orleans, Louisiana.


Deal Context for Seller #
Overall 3 of 3
Sector: Oil/Gas Exploration 1 of 1
Type: Divestiture 3 of 3
Country: United States 3 of 3
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-24 Washington Parish Energy Center

United States

Washington Parish Energy Center is a 361-megawatt facility that will deliver a modern, cost-effective, low-carbon, and reliable source of power to the company's grid.

Buy -