Blackstone Credit & Insurance to Provide Financing For Bernhard Capital Partners’ Acquisition of CenterPoint Energy’s Louisiana and Mississippi Natural Gas Distribution Operations
Blackstone Credit & Insurance, Jefferies, Scotiabank, and Bernhard Capital Partners, today jointly announced that Blackstone has provided debt financing commitments for Delta Utilities, a portfolio company of Bernhard Capital Partners, to acquire CenterPoint Energy, Inc.’s regulated natural gas distribution operations in both Louisiana and Mississippi.