Entergy Corporation (NYSE: ETR) announced today that it will close its Pilgrim Nuclear Power Station in Plymouth, Mass., no later than June 1, 2019, because of poor market conditions, reduced revenues and increased operational costs. The company notified the independent system operator of the electric grid, the ISO New England Inc. (ISO-NE), that as of that date, Pilgrim would not participate as a capacity resource in the market. The exact timing of the shutdown depends on several factors, including further discussion with ISO-NE, and will be decided in the first half of 2016.
Entergy Corp. (NYSE:ETR) today announced that its wholesale generation division, Entergy Wholesale Commodities, has entered into an agreement to sell its 583-megawatt Rhode Island State Energy Center (RISEC), located in Johnston, R.I., to Carlyle Power Partners. The facility is a natural gas-fired, combined-cycle generating plant that entered commercial service in 2002.
Entergy Corporation (NYSE: ETR) Chairman and Chief Executive Officer Leo Denault will provide a presentation as part of a panel discussion on Tuesday, Sept. 29, 2015, during the Wolfe Research Power & Gas Leaders Conference.
Entergy Corporation (NYSE: ETR) today announced the election of Philip L. Frederickson to its board of directors.
Entergy Corporation (NYSE: ETR) Chairman and Chief Executive Officer Leo Denault plans to provide a presentation on Thursday, Sept. 10, 2015, during the Barclays CEO Energy-Power Conference.
Entergy Corporation (NYSE: ETR) reported second quarter 2015 earnings per share of 83 cents on an as-reported basis and an operational basis, compared to second quarter 2014 as-reported EPS of $1.05 and operational EPS of $1.11.
The Board of Directors of Entergy Corporation (NYSE:ETR) has declared a quarterly dividend of $0.83 per common share. The payment date is September 1, 2015, to stockholders of record on August 13, 2015.
Entergy Corporation (NYSE: ETR) will report second quarter earnings results before market open on Tuesday, Aug. 4, 2015, and host a teleconference at 10 a.m. CDT that day to discuss the earnings announcement and the company's financial performance.
Entergy Corporation (NYSE: ETR) reported first quarter 2015 earnings per share of $1.65 on an as-reported basis and $1.68 on an operational basis, compared to first quarter 2014 as-reported EPS of $2.24 and operational EPS of $2.29.