Bernhard Capital Partners

This week, the New Orleans City Council unanimously approved the sale of Entergy New Orleans’ natural gas utility to Delta Utilities, a Bernhard Capital Partners portfolio company with a core focus on delivering safe, reliable natural gas service to communities across the Gulf South. This represents the fourth regulatory approval Delta Utilities has received this year to purchase natural gas assets in Louisiana and Mississippi. The Louisiana Public Service Commission and Mississippi Public Service Commission recently approved sales of Entergy Louisiana’s natural gas distribution system in Baton Rouge and CenterPoint Energy’s natural gas systems in north and south Louisiana and in Mississippi to Delta Utilities. These consecutive approvals underscore the BCP team’s experience and successful track record navigating the regulatory process to become a partner-of-choice for regulated utilities. Read the release here: https://lnkd.in/gTzaX_vf

Facebook's parent company Meta announced this week it would build its largest-ever artificial intelligence data center in northeast Louisiana — a landmark investment for the state. Hear more from Founder and Partner Jeff Jenkins about the project and how BCP believes it's in a perfect position in the middle market to support these mega infrastructure projects at the intersection of data and power needs. 

This week, the Mississippi Public Service Commission unanimously approved the sale of CenterPoint Energy’s Mississippi natural gas assets to Delta Utilities, a Bernhard Capital Partners portfolio company with a core focus on delivering safe, reliable natural gas service to communities across the Gulf South. Read the release here: https://lnkd.in/ghdc_eZu This approval comes shortly after approval of the sale of CenterPoint’s natural gas systems that serve thousands of customers across north and south Louisiana in late November.   Hear more from Founder and Partner Jeff Jenkins and Senior Managing Director Jeff Baudier on how BCP leverages deep operational expertise and a successful track record navigating regulatory environments to be a partner of choice for these regulated utilities.

This week, the Louisiana Public Service Commission unanimously approved the sale of CenterPoint Energy’s Louisiana natural gas utility assets to Delta Utilities, a Bernhard Capital Partners portfolio company and core-focused natural gas utility based in New Orleans.   This represents a key milestone in our strategy to build a leading natural gas utility, leveraging the BCP team's deep experience and successful track record navigating the regulatory process for utility transactions. Read the release here: https://lnkd.in/gmm3gYUX   Hear more from Founder and Partner Jeff Jenkins and Senior Managing Director Jeff Baudier about why BCP believes it is a partner of choice for these regulated utilities. 

"We've been one of the leaders in supplying services to regulated utilities for the last 35 years, and the intersection of AI and the demand for power and digital infrastructure is going to be a major theme for us. We are in the middle of providing services for many utilities around the country that are in a position now to expand their footprint."   Jeff Jenkins recently joined Northstar's Private Equity Fast Pitch® podcast with Jeff Henningsen for a conversation on Bernhard Capital Partners’ unique strategy to identifying and investing in critical infrastructure services and regulated utility assets. Jeff gave his insights on the energy transition, the intersection of data and power, and other key industry trends, sharing how BCP is well-positioned to lead transformative growth across the infrastructure landscape.   Listen in to learn more about BCP’s Blueprint Approach and why the future of infrastructure has never looked brighter.

Bernhard Capital Partners portfolio company Grace Hebert Curtis Architects has announced its investment in orcutt I winslow, a premier full-service architecture, forensic consulting, and program management firm specializing in K-12, healthcare, and senior living. "As we continue to execute on our Blueprint investment thesis to create a highly differentiated AEC-focused platform, this transaction delivers immediate scale and new value-add capabilities for customers," said Patrick Bernhard, Managing Director at Bernhard Capital. "GHC + Orcutt | Winslow's diversified offerings, unparalleled expertise, and geographic footprint will continue to create new opportunities for long-term growth and success."

In the past year, Bernhard Capital Partners has announced over $3 billion in agreements to acquire natural gas distribution systems from significant utilities across the Gulf South and New Mexico. Our strategy of investing in critical services and infrastructure that enhance community resilience, combined with the divestiture of natural gas assets as part of the energy transition, has uniquely positioned our team to invest in energy assets that promote a cleaner, more sustainable future. Read more from Managing Director Julius Bedford in the November 2024 Institutional Real Estate Americas issue, where he discusses how BCP is opportunistically acquiring regulated natural gas assets to power community resilience.

At Bernhard Capital Partners, we see opportunities where others don't. Through targeted acquisitions in the utility space, we're helping drive the energy transition with strategic investments in grid electrification and natural gas distribution systems, while helping build community resiliency. With nearly $3 billion in acquisitions underway across New Mexico, Louisiana, and Mississippi, we are working to pave the way for a sustainable energy future. Hear from Founder and Partner Jeff Jenkins in a recent PE Hub feature, where he shares insights into our approach to acquiring regulated gas and electric utility assets.

We are excited to welcome Jonathan Parnell to Bernhard Capital Partners. Jonathan previously served as the Chief Strategy Officer for Atlas, where he led mergers and acquisitions, integration efforts, and investor relations. To learn more about Jonathan, visit https://lnkd.in/gZWfCr_S.

Bernhard Capital-backed Grace Hebert Curtis Architects announced today its investment in Hastings+Chivetta Architects, a national design and architectural firm focused primarily on the education market. “H+C’s impressive track record and deep relationships across the higher education ecosystem will further establish GHC as a full-service, national AEC platform,” said Jeff Koonce, Partner at Bernhard Capital. “This acquisition marks the fourth strategic partnership for GHC, and we look forward to continuing to explore attractive service expansion opportunities that will allow GHC to deliver bespoke solutions to our clients nationwide.”