Tagged: entergy corp.

Update: Entergy Cuts 800 Jobs, Including 165 in Arkansas

by Luke Jones and Lance Turner 7/30/2013 12:05 pm

Entergy Corp. is cut 800 jobs companywide, including about 165 in Arkansas. Entergy Arkansas Inc. President and CEO Hugh McDonald says the layoffs have more to do with industry changes than with company earnings.

States Disfavoring Entergy Transmission Transfer

by Associated Press 7/10/2013 3:00 pm

Opposition continues to grow among state regulators to Entergy Corp.'s plans to spin off its transmission system to ITC Holdings Corp. Regulators say customers would pay hundreds of millions of dollars more to maintain high-voltage wires in Arkansas, Louisiana, Mississippi and Texas while receiving mostly fuzzy benefits.

FERC Approves Entergy-ITC Asset Transfer

by Luke Jones 6/21/2013 11:37 am

The Federal Energy Regulatory Commission has approved the $1.78 billion sale of Entergy Corp.'s interstate transmission system to ITC Holdings Corp. of Novi, Mich. The transaction will transfer ownership of all 15,800 miles of Entergy's transmission lines in Arkansas, Louisiana, Mississippi and Texas to ITC.

Entergy Posts 1Q Net Income of $161.4M

by Associated Press 4/25/2013 9:47 am

Entergy Corp. reported net income of $161.4 million for the first quarter on Thursday in contrast to a loss a year ago, helped by higher utility revenue.

Reactor Restart Could Take Weeks at Nuclear One

by Associated Press 4/5/2013 11:34 am

Entergy Corp. says it will take several weeks to restart a reactor at Arkansas Nuclear One after it was knocked offline during an industrial accident that killed one worker.

Entergy’s Eternal Power Struggle: MISO Move Decades in the Making

by Luke Jones 11/26/2012 12:00 am

MISO, SPP, PSC, FERC and ITC – all acronyms that have been part of the recent world of Entergy Corp. What is the power operator doing, and how will it affect the utility bills of Arkansas customers?

Entergy Gets Final Approvals to Join MISO Transmission Pact

by Associated Press 11/15/2012 3:27 pm

Entergy Corp. has won the final approvals needed to join a regional electrical transmission group. The Mississippi Public Service Commission and New Orleans City Council voted Thursday to allow the New Orleans-based utility to move ahead.

Feds Allow Entergy to Buy Arkansas, Mississippi Power Plants

by Associated Press 11/14/2012 5:53 pm

Federal officials say Entergy Corp. can buy two power plants, including one in Malvern, from KGen Power Corp., but say the antitrust investigation of Entergy is not over.

Entergy Corp Names May To Head 2 Subsidiaries

by Associated Press 11/7/2012 12:42 pm

Entergy Corp. says 50-year-old Phillip May Jr. will be the next chairman of the board, president and chief executive officer of two subsidiaries.

Entergy, Others Postpone Earnings As Sandy Comes Ashore

by Lance Turner 10/29/2012 10:15 am

Entergy Corp. of New Orleans is among several publicly traded companies postponing earnings releases this week as Hurricane Sandy comes ashore in the northeast.

Arkansas Regulators Pledge Fast Decision on Entergy's MISO Move

by Associated Press 9/26/2012 7:25 am

Arkansas regulators have promised to decide quickly whether Entergy Corp. has met the state's conditions to join a regional transmission group, while the utility appears to have made progress toward satisfying regulators in Mississippi.