Taking a major step toward providing additional efficient, clean energy resources for new and existing customers and modernizing the company’s power generation fleet, Entergy Corporation announced that its subsidiaries, Entergy Arkansas, Inc., Entergy Louisiana, LLC, and Entergy New Orleans, Inc., closed their purchase of the 1,980-megawatt (summer rating) Union Power Station located near El Dorado, Arkansas. The purchase was closed on Thursday.
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Entergy Corporation announced that the closure of the James A. FitzPatrick Nuclear Power Plant in Scriba, NY is planned for January 27, 2017.
Entergy Corporation reported fourth quarter 2015 earnings per share of 56 cents on an as-reported basis and $1.58 on an operational basis. For the full year, the company realized a loss of 99 cents per share on an as-reported basis and operational EPS of $6.00 per share.
Entergy Corporation will report fourth quarter and full year earnings results before market open on Thursday, Feb. 18, 2016, and host a teleconference at 10 a.m. CST that day to discuss the earnings announcement and the company's financial performance.
Entergy Corporation announced today that David Borde, director of Entergy's utility finance business partners, has been selected as the company's vice president of investor relations effective March 2016. Borde replaces Paula Waters, who will move into the position of vice president, utility sales and development services, in the utility business.
Entergy Corporation announced today that A. Christopher "Chris" Bakken III has been named executive vice president and chief nuclear officer, effective April 6. Bakken replaces Jeff Forbes, who announced his retirement last year.
The Board of Directors of Entergy Corporation has declared a quarterly dividend of $0.85 per common share.
Entergy Wholesale Commodities has closed on the sale of its 583-megawatt Rhode Island State Energy Center, in Johnston, R.I., to Carlyle Power Partners.
Entergy Nuclear Vermont Yankee announced today that it plans to begin transferring spent nuclear fuel from “wet” to “dry” storage starting in 2017, two years earlier than originally planned.