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October 04, 2015 6:09 AM ET

Electric Utilities

Company Overview of Entergy Arkansas, Inc.

Company Overview

Entergy Arkansas, Inc. provides electricity solutions for residential and business customers in Arkansas. It offers security lighting, street light repair, net metering, tree trimming, builder services and standards, and damage claims solutions; and customized commercial and industrial programs, and electric conversation programs. The company was founded in 1913 and is based in Little Rock, Arkansas. Entergy Arkansas, Inc. operates as a subsidiary of Entergy Corporation.

425 West Capitol Avenue

Little Rock, AR 72201

United States

Founded in 1913

1,160 Employees



Key Executives for Entergy Arkansas, Inc.

Chairman, Chief Executive Officer and President
Age: 56
Chief Financial Officer, Executive Vice President and Director
Age: 43
Chairman of Entergy Corporation and Chief Executive Officer of Entergy Corporation
Age: 55
Chief Executive Officer of Entergy Louisiana Holdings Inc and President of Entergy Louisiana Holdings Inc
Age: 60
Chairman of Entergy Mississippi Inc, Chief Executive Officer of Entergy Mississippi Inc and President of Entergy Mississippi Inc
Age: 49
Compensation as of Fiscal Year 2015.

Entergy Arkansas, Inc. Key Developments

Entergy Arkansas Proposes Shuttering White Bluff Coal Plant

Entergy Arkansas reported that it is proposing to shut down Arkansas coal-fired power plant in 13 years. The utility said it is proposing to cease operations at the White Bluff plant in Redfield. One of the units at the plant would shut down in 2027 and the second would shut down in 2028 under the proposal. The company said it is 'prepared to take an enforceable commitment to that effect'. Entergy filed the comments in response to the EPA's proposed Regional Haze Rule plan, which seeks to improve visibility at national parks and wildlife areas by reducing power plant emissions. The EPA has proposed that Entergy install controls for sulfur dioxide emissions at the White Bluff plant, as well as at Entergy's Lake Catherine plant in Malvern, which runs on natural gas and oil.

Entergy Arkansas, Inc. Announces Management Changes

After serving a 34-year distinguished career at Entergy, with 16 at the helm of Arkansas' large utility, Hugh McDonald, president and CEO of Entergy Arkansas, Inc., will retire in 2016, Entergy Corp. announced. To ensure a seamless transition, Rick Riley, currently vice president of transmission for Entergy Services Inc., has been named group vice president of customer service and operations for EAI, and will transition to McDonald's role as president and CEO of Entergy Arkansas when he retires in the first half of 2016. Jim Schott, vice president of supply optimization for Entergy Services Inc. succeeds Riley as vice president of transmission. Riley and Schott's new appointments are effective June 14, 2015. McDonald, who became president and CEO of EAI in 2000, led Entergy Arkansas' decision in 2005 to exit the long-standing System Agreement. McDonald championed Entergy Arkansas' move to join the Midcontinent Independent System Operator, gaining greater access to more economic generation resources and saving Arkansas customers $46 million in the first year of participation. McDonald will continue with Entergy Arkansas into the first half of 2016, working closely with Riley to ensure a smooth transition. In his new responsibility as group vice president, Riley will oversee customer service, economic development and resource planning. Riley has been vice president of transmission since 2010 where he was responsible for development and governance of transmission regulatory, compliance, planning, and asset management strategies for Entergy. He began his utility career in 1985 at Gulf States Utilities.

Entergy Arkansas Seeks Acquisitions

The net proceeds that Entergy Arkansas, Inc. will receive from the issuance and sale of New LT Debt, Preferred Stock, and Common Stock will be used for general corporate purposes, including, but not limited to, providing funds for the possible refunding, refinancing, acquisition, redemption, retirement or repayment at maturity of certain of the Company's outstanding securities, providing funds for the acquisition of additional facilities and for capital investments.

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