Entergy Corporation (NYSE: ETR) announced today that Rick Riley, president and chief executive officer of Entergy Arkansas Inc., will be named senior vice president of distribution operations and asset management.
Entergy Corporation (NYSE: ETR) will host its 2018 Analyst Day in New York City on Thursday, June 21, 2018. The event will feature presentations by Chairman and Chief Executive Officer Leo Denault and members of Entergy’s executive management team.
Entergy Corporation (NYSE: ETR) announced today the pricing of a registered underwritten offering of 13,289,037 shares of its common stock at a price to the public of $75.25 per share. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Morgan Stanley, Goldman Sachs & Co. LLC, J.P. Morgan, Barclays, BofA Merrill Lynch, Citigroup and Wells Fargo Securities are acting as joint book-running managers for this offering. Closing of this offering is expected to occur on or about June 11, 2018.
Entergy Corporation (NYSE: ETR) announced today the commencement of a registered underwritten offering of $1 billion of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Morgan Stanley, Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint book-running managers for this offering. The underwriters may offer shares of Entergy’s common stock in transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at either market prices, at prices related to market prices or at negotiated prices.
State and local leaders joined executives from NextEra Energy Resources and Entergy Arkansas this morning to celebrate the commissioning of Arkansas’ largest universal solar energy project – the Stuttgart Solar Energy Center.
Winners share some $75,000 to develop, market sites
Hurricane season doesn’t officially start until June 1, but that didn’t stop a rain-filled weather system from pummeling parts of the eastern Gulf Coast last week or a tropical disturbance from threatening to enter the Gulf of Mexico later this week. With slightly above-average activity predicted for the 2018 Atlantic hurricane season, Entergy wants you to know it is ready to safely and quickly restore power should a storm strike our area.
Following the New Orleans City Council’s February 2018 resolution directing Entergy New Orleans to quantify the benefits to customers of the Tax Cuts and Jobs Act, the company has agreed, under the direction of the council’s advisors, to flow through approximately $50 million in tax savings benefits by July 2019. In addition to these near-term benefits, customers can expect to see approximately $71 million in tax savings benefits over the longer term.
State regulators endorsed another element of Entergy Louisiana’s plan to modernize its generation fleet with today’s vote to approve an agreement for the company to buy a 361-megawatt plant to be built in Washington Parish.
John Bethel has been named the director of public affairs for Entergy Arkansas, Inc. He replaces Paul Means, who retired after 37 years at Entergy Arkansas. Like Means, Bethel’s primary area of responsibility will be at the State Capitol.