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February 13, 2016 4:32 PM ET

Electric Utilities

Company Overview of EL Investment Company, LLC

Company Overview

EL Investment Company, LLC generates, transmits, distributes, and sells electric power to retail and wholesale customers in Louisiana. The company primarily generates electricity through natural gas and nuclear plants. It holds non-exclusive franchises to provide electric service in approximately 117 incorporated Louisiana municipalities; and supplies electric service in approximately 52 Louisiana parishes in which it holds non-exclusive franchises. The company is based in Jefferson, Louisiana. The company was formerly known as Entergy Louisiana, LLC and changed its name to EL Investment Company, LLC in October 2015. EL Investment Company, LLC operates as a subsidiary of Entergy Louisiana Ho...

4809 Jefferson Highway

Jefferson, LA 70121

United States

890 Employees

Phone:

504-576-4000

Key Executives for EL Investment Company, LLC

Chairman, Chief Executive Officer and President
Age: 53
Principal Financial Officer, Chief Accounting Officer and Senior Vice President
Age: 44
Chairman of Entergy Corporation and Chief Executive Officer of Entergy Corporation
Age: 55
Group President of Utility Operations and Director
Age: 56
President of Entergy Wholesale Commodity Business - Entergy Corporation
Age: 55
Compensation as of Fiscal Year 2015.

EL Investment Company, LLC Key Developments

Entergy Louisiana LLC Reports Unaudited Earnings Results for the Nine Months Ended September 30, 2015

Entergy Louisiana LLC reported unaudited earnings results for the nine months ended September 30, 2015. For the period, the company reported operating revenues of $2,117,657,000, operating income of $425,237,000, income before income taxes of $386,357,000, net income of $266,282,000 and earnings applicable to common equity of $261,127,000.

Entergy Louisiana LLC Enters into Agreement to Supply Power to Lake Charles LNG Project

Entergy Louisiana, LLC has entered into an agreement to supply power to the proposed Lake Charles LNG project in southwest Louisiana. Under the contract, Entergy Louisiana could supply up to 255 megawatts of power to the LNG project that is being developed by BG Group with Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. (collectively, Energy Transfer), which owns the existing LNG regasification facility in Lake Charles. The addition of the project is another example of ongoing execution of Entergy's business strategy.

Entergy Louisiana LLC Executes Two Commercial Contractual Agreements to Supply Up to 11.3 MW in Southwest Louisiana

Entergy Louisiana LLC has executed two commercial contractual agreements to supply up to 11.3 MW in southwest Louisiana. The first contract, with Boardwalk Louisiana Midstream, covers the supply of up to 6.5 MW and will go into effect January 1, 2016. The additional power will be needed for Boardwalk's creation of a new salt cavern for the storage of products from the expansion of a nearby Sasol petrochemical company facility. The second contract, with Juniper GTL LLC, covers the supply of up to 4.8 MW annually. The power will support the building of a $100 million facility that will produce about 1,100 barrels a day of diesel, waxes and naphtha.

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