Meta's Louisiana data center deal projects $2B in savings [Yahoo! Finance]
Entergy Corporation (ETR)
Last entergy corporation earnings: 2/19 06:30 am
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Source: Yahoo! Finance
center under construction in Richland Parish, with Entergy Louisiana estimating about $2 billion in relief for ratepayers over the next two decades. According to Entergy, Meta will fund grid-scale battery storage at three sites, about 240 miles of high-voltage transmission infrastructure spanning from southern to northern Louisiana and into Arkansas, and seven combined-cycle natural gas plants with total output exceeding 5,200 megawatts. The infrastructure plan also calls for Meta to help co-finance as much as 2,500 megawatts of solar generation; separately, the two companies signed a memorandum of understanding to explore potential nuclear power development. Entergy said the deal is designed to prevent Meta from shifting its power costs onto existing utility customers. When added to an earlier accord, both arrangements are forecast to produce about $2.65 billion in combined benefits for Entergy's customer base, the utility said. Meta will also direct $120 million — with matchin
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ETR
News
- Entergy (ETR) had its price target raised by Barclays PLC from $96.00 to $118.00. They now have an "overweight" rating on the stock.MarketBeat
- Entergy (ETR) had its price target raised by Mizuho from $112.00 to $120.00. They now have an "outperform" rating on the stock.MarketBeat
- Entergy (ETR) had its price target raised by BMO Capital Markets from $112.00 to $118.00. They now have an "outperform" rating on the stock.MarketBeat
- Meta to fund seven new natural gas power plants to fuel AI data centers — Entergy partnership to deliver 7 gigawatts of power for Louisiana AI facility [Yahoo! Finance]Yahoo! Finance
- Meta, Entergy announce massive expansion at Louisiana AI data center [USA TODAY]USA TODAY
ETR
Earnings
- 2/12/26 - In-Line
ETR
Sec Filings
- 3/27/26 - Form ARS
- 3/27/26 - Form DEF
- 3/27/26 - Form DEFA14A
- ETR's page on the SEC website