February 19, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Higher retail sales, due partly to weather impacts, bolstered Entergy Corporation's (NYSE:ETR) (New Orleans, Louisiana) bottom line throughout 2024. Going forward, the utility will be supported by the Midcontinent Independent System Operator's (MISO) Transmission Expansion Plan (MTEP), passed in December, which includes approvals for $1.7 billion of Entergy's capital-spending projects.
Industrial Info is tracking more than $20 billion worth of active and proposed projects from Entergy, about $4 billion of which are grassroot projects with a 70% or higher likelihood of beginning construction as planned, according to Industrial Info's Global Market Intelligence (GMI) Power Project Database. Entergy's service area covers Arkansas, Louisiana, Mississippi and Texas. The bulk of the company's power-generation investment can be attributed to just a handful of projects, two of which are found in Southeast Texas.
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