News Release > Entergy Helping Create More Vibrant Economy in Greater New Orleans

Entergy Helping Create More Vibrant Economy in Greater New Orleans

03/29/2021

NEW ORLEANS – Entergy’s Louisiana companies are continuing to partner with regional organizations to help the state, including the Greater New Orleans area, grow through economic development.

The company recently provided nearly $200,000 to the Greater New Orleans, Inc. (GNO, Inc.) to help fund the organizations’ efforts to support workforce development, retain businesses in the region and attract new ones to the area and, ultimately, create a more vibrant economy in Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John the Baptist, St. Tammany, Tangipahoa and Washington parishes.

“As we prepare our region’s economy to take advantage of opportunities created by the COVID-19 crisis, we are so proud to have Entergy’s continued commitment to strengthening economic development throughout the region and state. Entergy’s investment further boosts our ability to attract and retain businesses as we build a regional economy that works for everyone,” said Michael Hecht, president and CEO of GNO, Inc.

“Helping bolster the local economy through business retention and job creation is critical during times like these, and it’s why we’re proud to support GNO, Inc. and their efforts across Greater New Orleans,” said Seth Cureington, Entergy New Orleans economic development and technology innovation director.

Through their business and economic development teams, Entergy New Orleans and Entergy Louisiana work with state, city and local government agencies, economic development organizations and community partners to support businesses from site selection to groundbreaking, including those operating at the national and global level.

To help businesses determine where to locate or expand, Entergy developed and maintains the Louisiana Site Selection Center, an online database of certified sites, or sites that are ready for development. The database includes details about shovel-ready land, including available utilities and transportation access. In the Greater New Orleans area in 2020, Entergy assisted Louisiana Economic Development (LED) in certifying the Cross Point Commercial Park in Tangipahoa Parish and adding it to the database. The company also helps market and promote sites like the former Avondale Shipyard, areas like Fat City and Opportunity Zones like the Spirit of Charity Innovation District through dynamic and informative videos, some of which are used by regional organizations and local groups during webinars and other events.

To support site development, Entergy’s Louisiana companies provide in-depth research and analyses regarding workforce availability, construction and transportation, to name a few. To learn more about the services provided by the company’s business and economic development team, visit GoEntergy.com.

“Our team is dedicated to helping businesses looking to expand in or move to Louisiana,” said Perry Pertuit, Entergy Louisiana new business development manager. “Helping our state grow through economic development is what we do, and we’re proud to further that mission through strong governmental, regional and community partners like GNO, Inc. I thank them for helping us create a more vibrant economy, one that provides opportunities for our friends and neighbors where they live.”

Over the last decade, Entergy has actively participated in 173 announced economic development projects in Louisiana, totaling nearly $101 billion in capital investments and creating approximately 21,280 new direct jobs. In 2020 alone, the company helped drive nearly $50 million in capital investments in the Greater New Orleans area that led to the creation of approximately 600 direct jobs.

For 13 years running, Site Selection magazine has named Entergy Corporation as one of the nation's top utilities in economic development. In addition, Area Development magazine recognized Louisiana with a silver shovel award for local economic development efforts and Business Facilities magazine placed Louisiana first for lowest industrial electricity rates and workforce development and talent attraction in their 16th annual rankings.

To learn more about how Entergy partners with LED and regional organizations to help the state grow through economic development, visit the Entergy Newsroom.

Entergy New Orleans, LLC is an electric and gas utility that serves Louisiana’s Orleans Parish. The company provides electricity to more than 200,000 customers and natural gas to more than 108,000 customers.

Entergy Louisiana, LLC provides electric service to more than 1 million customers and natural gas service to more than 93,000 customers in the greater Baton Rouge area. It has operations in southern, central and northern Louisiana. Both companies are subsidiaries of Entergy Corporation.

Entergy Corporation (NYSE: ETR) is an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest large-scale U.S. power generating fleets with approximately 30,000 megawatts of electric generating capacity, including 8,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of $10 billion and more than 13,000 employees. Learn more at entergy.com and follow @Entergy on social media.

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