Utility Entergy says revised Meta data-center deal to deliver higher customer savings [Yahoo! Finance]
Entergy Corporation (ETR)
Last entergy corporation earnings: 2/19 06:30 am
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Source: Yahoo! Finance
Shares of ?the utility were up 4.8% in early trading on Friday. The agreement is expected to deliver nearly $2 billion in customer savings over 20 years, ?the company said, ?in addition to the $650 million announced last year. Meta had disclosed plans to ?invest about $10 billion in a hyperscale data center in Richland Parish, northeast Louisiana, a project the ?Facebook parent ?unveiled in late 2024. Big ?technology companies are ?increasingly partnering with utilities to power the rapid expansion of data centers to cater to the surging demand for artificial intelligence tools and cloud computing. Entergy Louisiana, which received the state's regulatory ?approval last year for ?investments tied to the project, ?said it ?plans to carry out a major ?build-out of generation, transmission and ?storage infrastructure. This ?includes seven new natural gas-fired power plants with capacity of more than 5,200 megawatts, ?new high-voltage ?transmission lines, battery storage and nuc
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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's Louisiana data center deal projects $2B in savings [Yahoo! Finance]Yahoo! Finance
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