Search
Insights > Entergy named a top utility in economic development for 17th year in a row
Entergy named a top utility in economic development for 17th year in a row
10/22/2024
For 17 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 2023, we helped secure more than $33 billion in capital investments and create approximately 5,160 new direct jobs through announced economic development projects within our four-state region of Arkansas, Louisiana, Mississippi and Texas.
“Our consistent recognition as a top utility in economic development reflects our unwavering commitment to growing and supporting the communities we serve, including the diverse industries that choose to invest and expand in our region, which is uniquely positioned across sectors,” said Hannah Kaplan, vice president, commercial and industrial sales management and customer experience. “By leveraging our partnerships and resources, we’re able to provide companies with the best of Entergy, including the tools and support they need to find suitable sites, break ground and build or expand their businesses to create tremendous economic value.”
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 17 years represent a variety of industries and companies from around the world, including CF Industries ($2 billion), Cormorant Clean Energy ($1.2 billion), Dassault ($100 million), DG Fuels ($3.1 billion), Element 25 ($480 million) and Sempra ($13 billion). 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
We understand that siting new or expanding industrial facilities can be a complex process, and our teams have built partnerships to enable economic development throughout our four-state 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 more than 1,500 listings across our four-state region.
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 four-state region through the Entergy Charitable Foundation. In 2023 alone, employees and retirees contributed more than 130,000 volunteer hours within their communities.
Environmental sustainability
We anticipate a 50% reduction of our carbon dioxide emissions rate by 2030 and we’re committed to achieving net-zero emissions by 2050.
Site Selection magazine’s profile of Entergy may be viewed in the September 2024 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, we provide companies with services in site selection, project management, large projects and contracts.
Learn how we can power your business at GoEntergy.com.
