The two operating units at the Indian Point Energy Center will close in 2020-2021 after powering New York for more than four decades with clean, safe, and reliable electricity. The shutdown will complete Entergy’s exit from its merchant power business because of sustained low wholesale energy prices.
Nuclear Plant to Close in 2018
Entergy Louisiana, LLC today received approval from the Louisiana Public Service Commission to build a new natural gas-fired, combined-cycle power plant in St. Charles Parish.
Entergy Corp. announced today an agreement to sell Entergy Nuclear Vermont Yankee and transfer the US Nuclear Regulatory Commission licenses to subsidiaries of NorthStar Group Services, Inc. to accelerate decommissioning and site restoration by decades. In addition, Entergy announced plans to accelerate the transfer of all spent nuclear fuel to dry cask storage at the Vermont Yankee Nuclear Power Station, from 2020 to 2018.
Entergy Corporation Chairman and Chief Executive Officer Leo Denault plans to provide a presentation on Tuesday, Nov. 8, during the 51st Edison Electric Institute Financial Conference in Phoenix, AZ.
The Board of Directors of Entergy Corporation has declared a quarterly dividend of $0.87 per common share.
Entergy Corporation reported third quarter 2016 earnings per share of $2.16 on an as-reported basis and $2.31 on an operational basis.
Entergy Corporation will report third quarter earnings results before market open on Tuesday, Oct. 25, 2016, and host a teleconference at 10 a.m. CT that day to discuss the earnings announcement and the company’s financial performance.
Entergy Corporation Chairman and Chief Executive Officer Leo Denault plans to provide a presentation as part of a panel discussion on Tuesday, Sept. 27, 2016, during the Wolfe Research Power & Gas Leaders Conference.
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