News Release > Entergy Texas named a top utility in economic development for 15 years
Entergy Texas named a top utility in economic development for 15 years
THE WOODLANDS, Texas – Entergy Texas remained a major player for economic growth for the region by working closely with community partners to support the local economy in the communities we serve. For the 15th year in a row, Site Selection magazine has honored Entergy Corporation, the parent company of Entergy Texas, as being among the top electric utilities in economic development for job creation and capital investments.
“Entergy plays an important role in attracting new businesses and driving economic growth that positively impacts our local communities,” said Ernest Peeples, Entergy Texas director of business and economic development. “We’re pleased to be recognized as a top utility in economic development for 15 straight years, and we look forward to many years of continued success for Southeast Texas.”
Entergy was recognized for helping drive around $13.4 billion in corporate facility investments and create more than 6,700 jobs across its service territories.
Montgomery County Power Station is one of Entergy Texas’ recent notable economic development projects. In total, construction of the plant resulted in approximately 1,000 onsite employees and created a significant economic impact on the local area, with millions spent with local vendors. Continued operations of the plant will employ 45 people.
Criteria used by Site Selection magazine for its rankings include the use of innovative programs and incentives for business, website tools and data and each utility’s job-creating infrastructure and facility investment trends.
Entergy Texas’ state-of-the-art site selection website, texassiteselection.com, empowers communities with the tools they need to market commercial and industrial properties. Site Selection magazine’s profile of Entergy may be viewed in the September 2022 print issue and on their website.
In addition to Entergy’s continuous support to local communities and workforce development, the company is also a utility industry leader in sustainability and has committed to net-zero carbon emissions by 2050. Entergy’s Economic Opportunity and Empowerment program was recognized by the U.S. Chamber Foundation, and the utility also received the 2021 HIRE Vets Medallion Award.
Entergy provides companies with access to essential information needed to locate, expand and promote their business within our four-state region. In addition, Entergy provides companies with services in site selection, project management, large projects and contracts. Learn more how Entergy generates business growth for our entire region at goentergy.com/our-region/texas/.
About Entergy Texas
Entergy Texas, Inc. provides electricity to more than 500,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation, a Fortune 500 company headquartered in New Orleans. Entergy powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations. For the latest news from Entergy, visit the Newsroom.