Entergy Named a Top Utility in Economic Development for 16th Consecutive Year

September 18, 2023 10:25 AM PDT | By 3BL

Google News:

Entergy Named a Top Utility in Economic Development for 16th Consecutive Year — Image source: Kalkine Media

Recent News

Kalkine : Is Synchrony Financial Driving Community Impact on S&P 500 I...

Kalkine : ServiceNow Collaborates with Saifr on Compliance Innovation...

Kalkine : Is GMS Inc Fairly Valued on NYSE Composite

Kalkine : DTE Energy Powers Homes Using Solar in S&P 500

For 16 consecutive years, Site Selection magazine has recognized Entergy as a top utility for economic growth in the communities we serve, which include some of the largest and most power-intensive industries in the United States. In 2022, we helped secure $37 billion in capital investments and create nearly 23,000 new jobs within our four-state region of Arkansas, Louisiana, Mississippi and Texas.

“Entergy provides much more than electricity and gas. We enrich the lives of our customers and communities,” said David Ellis, chief customer officer at Entergy. “This recognition reflects our unwavering commitment to developing the Entergy region in pursuit of a brighter future for us all.”

Site Selection magazine determines each year’s honorees by assessing criteria including each utility’s job-creating infrastructure and facility investment trends, innovative programs and incentives for businesses and website tools and data.

Customer investments

Capital investments in our region over the last 16 years represent a variety of industries and companies from around the world, including Golden Triangle Polymers ($8 billion), Clean Hydrogen Works ($7.5 billion), Exploratory Ventures ($3 billion), Louisiana International Terminal ($1.8 billion), OCI ($1 billion) and Nissan ($500 million). This is just a sample of projects that demonstrate the scale and breadth of economic growth we have helped drive in our communities.

Economic partnerships

Entergy understands that siting new or expanding industrial facilities can be a complex process, and our teams have built partnerships to enable economic development throughout our service area. Site Selection magazine once again recognized Entergy for our extensive support of local economic development efforts. Our state-of-the-art site selection website, buildingsandsites.com, empowers companies with the essential information they need to locate, expand and market their commercial and industrial properties within our region. The website currently features over 1,400 listings.

Community development

Since 2018, we have delivered more than $100 million in economic benefits each year to local communities, philanthropy, volunteerism and advocacy across our region through the Entergy Charitable Foundation.

Environmental sustainability

In 2022, we reaffirmed our 2020 commitment to achieving net-zero emissions by 2050, and we expect to reach 50% clean, carbon-free power generation capacity by 2030. We also anticipate 50% reduction of our carbon dioxide emissions rate by 2030.

Site Selection magazine’s profile of Entergy may be viewed in the September 2023 print issue and online.

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 how we can power your business at GoEntergy.com.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.