Full Description

Entergy Corporation (ETR.N) (New York Stock Exchange)
As of  23 Nov 2009
78.94USD
Price Change
+1.15
Percent Change
+1.48%
 
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Entergy Corporation (Entergy) is an integrated energy company engaged primarily in electric power production and retail electric distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity and Entergy is a nuclear power generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. The Company operates through two business segments: Utility and Non-Utility Nuclear. Entergy also operates the non-nuclear wholesale assets business. The non-nuclear wholesale assets business sells to wholesale customers the electric power produced by power plants that it owns. In March 2008, Entergy Gulf States Louisiana, L.L.C. acquired the Calcasieu Generating Facility, a 322 megawatts simple-cycle, gas-fired power plant located near the city of Sulphur in southwestern Louisiana, from a subsidiary of Dynegy, Inc. In September 2008, Entergy Arkansas Inc. acquired the Ouachita Plant, a 789 megawatts three-train, gas-fired combined cycle generating turbine (CCGT) electric power plant located 20 miles south of the Arkansas state line near Sterlington, Louisiana, from a subsidiary of Cogentrix Energy, Inc.

Utility

Utility generates, transmits, distributes and sells electric power in a four-state service territory that includes portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans. Entergy operates a small natural gas distribution business.

Non-Utility Nuclear

Non-Utility Nuclear owns and operates six nuclear power plants located in the northeastern United States and sells the electric power produced by those plants primarily to wholesale customers. This business also provides services to other nuclear power plant owners.

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