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Tag Archives: Entergy Corporation

EEI honors Entergy again for disaster response

NEW ORLEANS — The Edison Electric Institute has awarded Entergy Corporation with the association’s Emergency Recovery Award and Emergency Assistance Award. These honors recognize Entergy’s exceptional power restoration efforts after a widespread winter storm and tornadoes in December 2012 and its assistance to Alabama Power after severe storms in March 2013. This is the 16th consecutive year Entergy has received ...

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Entergy sees big drop in quarterly as-reported earnings

NEW ORLEANS — Entergy Corporation reported fourth quarter 2013 as-reported earnings of $146.9 million, or 82 cents per share, compared with $296.3 million, or $1.66 per share, for fourth quarter 2012. On an operational basis, Entergy’s fourth quarter 2013 earnings were $179.3 million, or $1.00 per share, compared with $307.0 million, or $1.72 per share, in fourth quarter 2012. For ...

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Entergy shuttering Vermont's only nuclear plant

MONTPELIER — Vermont’s only nuclear power plant will shut down by the end of next year, ending a nasty legal battle over the future of the 4-decade-old plant, Entergy Corp. announced today. The Vermont Yankee Nuclear Power Station is expected to cease power production after its current fuel cycle and will begin being decommissioned in the fourth quarter of 2014, ...

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Entergy Corp. gives earnings guidance for second quarter

NEW ORLEANS — Entergy Corporation expects second quarter 2013 as-reported earnings of approximately $0.91 per share and operational earnings of approximately $1.00 per share. Results for second quarter 2012 were $2.06 per share on an as-reported basis and $2.11 per share on an operational basis. Entergy also affirmed previously issued operational earnings guidance for 2013. Special items were recorded for ...

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Regulators opposing Entergy's spinoff to ITC

NEW ORLEANS — 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. Staff members in the states have recommended regulatory commissions reject ...

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Entergy makes appointments

Entergy Corporation has appointed Jeff S. Forbes, 56, as executive vice president, nuclear operations and chief nuclear officer at Entergy Nuclear. Forbes, currently senior vice president of nuclear operations for Entergy Nuclear, will replace John Herron, who announced his retirement from the company effective March 31. Forbes will report to Mark Savoff, executive vice president and COO, Entergy Corporation. Forbes ...

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Barlow named Entergy VP

Chuck Barlow has been named vice president of environmental policy and strategy for Entergy Corporation. Barlow, who has served Entergy as environmental associate and assistant general counsel since 2003, has an extensive background in environmental law and litigation. Barlow’s contributions at Entergy have included litigation such as Entergy Corp. v. Riverkeeper and other cases before the Supreme Court and D.C. ...

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Entergy announces changes

Gary Taylor, group president of utility operations at Entergy Corporation, will be retiring from the company May 31. Taylor will continue to lead utility operations with a transition period to his successor, who will be named at a later date. In addition, Robert (Bob) Sloan, executive vice president and general counsel, announced his decision to retire as general counsel. Replacing ...

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Young named VP

Terry Young has been named vice president of nuclear communications for Entergy Corporation. Formerly director of generation communications for Arizona Public Service Company, Young leads the nuclear communications function for the nation’s second largest nuclear energy fleet from its nuclear headquarters in Jackson. Communications professionals at Entergy’s nuclear facilities in seven states as well as those at its Mississippi nuclear ...

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Department of Justice launches probe of Entergy

The U.S. Department of Justice is investigating Entergy Corporation’s transmissions system and electricity-purchasing practices. The New Orleans-based company disclosed the investigation prior to the opening of financial markets Tuesday. Entergy says the investigation involves Entergy Arkansas, Entergy Gulf States Louisiana, Entergy Louisiana, Entergy Mississippi, Entergy Texas and Entergy New Orleans. The investigation also covers Entergy Services Inc. The DOJ investigation ...

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