Entergy Louisiana, LLC has completed the purchase of the Washington Parish Energy Center.
Entergy Louisiana, LLC, a subsidiary of Entergy Corporation (NYSE: ETR), announced today that on Dec. 16, 2020 (the “Redemption Date”), it will redeem all (i) $200,000,000 principal amount of its outstanding First Mortgage Bonds, 5.25% Series due July 1, 2052 (the “2052 Bonds”) and (ii) $100,000,000 principal amount of its outstanding First Mortgage Bonds, 4.70% Series due June 1, 2063 (the “2063 Bonds”), at the redemption price of 100% of the principal amount of the 2052 Bonds and 100% of the principal amount of the 2063 Bonds (each, a “Redemption Price”), plus accrued interest thereon to but excluding the Redemption Date. The 2052 Bonds and the 2063 Bonds are each listed on the New York Stock Exchange and trade under the symbols ELJ and ELU, respectively.
Entergy Louisiana, LLC has restored power to all customers who can safely receive it after Hurricane Zeta significantly damaged the electric system in south Louisiana, including in hard-to-access coastal areas.
After four days of restoration work, Entergy’s storm team has made significant progress in power restoration, returning power to more than 416,000 customers.
At the peak, the Category 2 storm knocked out power to approximately 480,000 customers in Louisiana. Crews have restored power to over 80,000 customers as of 9 a.m. Thursday morning.
Entergy’s Louisiana utilities are prepared to mobilize a storm team of approximately 3,800 workers to respond to any impacts from Tropical Storm Zeta.
While the path and intensity of Tropical Storm Zeta could change, the companies are preparing for the enhanced risks of severe thunderstorms, strong winds, heavy rains, high tides and coastal flooding in portions of Louisiana.
Entergy Louisiana customers are now receiving power from the largest solar facility in the state.
Entergy Louisiana, LLC has restored power to all customers who can safely receive it after Hurricane Delta brought heavy rain and high winds to nearly every corner of the state. This accomplishment comes just over two weeks after the company restored power to customers following historic Hurricane Laura.