October 25, 2016 9:31 AM ET

Electric Utilities

Company Overview of Entergy Louisiana, LLC

Company Overview

Entergy Louisiana, LLC engages in the generation, transmission, distribution, and sale of electric energy to retail and wholesale customers in Louisiana. The company generates electricity through natural gas and nuclear plants. It holds non-exclusive franchises to provide electric service in approximately 175 incorporated Louisiana municipalities and unincorporated areas of approximately 59 parishes of Louisiana; and non-exclusive franchises to provide natural gas service to customers in the City of Baton Rouge and in East Baton Rouge Parish. The company was formerly known as Entergy Louisiana Power, LLC and changed its name to Entergy Louisiana, LLC in October 2015. The company is based in ...

4809 Jefferson Highway

Jefferson, LA 70121

United States

Founded in 2015

1,681 Employees



Key Executives for Entergy Louisiana, LLC

Chairman, Chief Executive Officer and President
Age: 54
Chief Financial Officer, Executive Vice President and Director
Age: 44
Chairman of Entergy Corporation and Chief Executive Officer of Entergy Corporation
Age: 56
Group President of Utility Operations and Director
Age: 57
Chief Accounting Officer and Senior Vice President
Age: 45
Compensation as of Fiscal Year 2016.

Entergy Louisiana, LLC Key Developments

Entergy Louisiana to Provide 75 Megawatts of Power to Two Chemical Plants

Entergy Louisiana, LLC has entered into two agreements to supply power to LACC, LLC and Lotte Chemical Louisiana LLC facilities in southwest Louisiana. Under the contract, Entergy Louisiana could supply up to 30 megawatts of power monthly to LACC's ethylene cracker facility, as well as 45 megawatts of power to Lotte's mono-ethylene glycol (MEG) plant. Both chemical plants will be located on the same piece of property in Lake Charles. According to Louisiana Economic Development (LED) the projects will create 215 new direct jobs, with the ethane cracker producing 135 new direct jobs with an average annual salary of $75,500, plus benefits. The MEG facility is expected to produce 80 new direct jobs with an average annual salary of $87,000, plus benefits. LED estimates the combined projects will result in 1,892 new indirect jobs, for a total of more than 2,100 new jobs in Southwest Louisiana. In addition, Axiall will retain 1,600 existing workers in the Lake Charles area, and the company estimates 2,000 construction jobs will be created at peak building activity for the new plants. The latest contracts emphasize Entergy's ongoing execution of its business strategy to grow the utility by investing capital in ways that benefit customers, including meeting economic development and other growth needs.

Entergy Louisiana, LLC(NYSE:ELJ) dropped from S&P Preferred Stock Index

Entergy Louisiana, LLC(NYSE:ELJ) dropped from S&P Preferred Stock Index

Entergy Louisiana, LLC(NYSE:ELJ) dropped from S&P U.S. Fixed Rate Preferred Stock Index

Entergy Louisiana, LLC(NYSE:ELJ) dropped from S&P U.S. Fixed Rate Preferred Stock Index

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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