Bernhard Capital gets debt financing to buy CenterPoint assets

By Marisa Wong

Los Angeles, Feb. 20 – Bernhard Capital Partners received a debt financing commitment from Jefferies LLC and Scotiabank in connection with an acquisition, according to a Tuesday press release.

Bernhard Capital’s portfolio company Delta Utilities entered into an agreement with CenterPoint Energy, Inc. to acquire its natural gas distribution operations in Louisiana and Mississippi.

The sale is expected to close toward the end of the first quarter of 2025.

Based in Baton Rouge, La., Bernhard Capital invests in companies that provide critical services to government, infrastructure, industrial, utility and energy sectors, as well as in utility assets.

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