Entergy Corporation
Entergy Corporation is a regulated electric utility serving approximately 3 million retail customers across Arkansas, Louisiana, Mississippi, and Texas via an integrated 24,000 MW generation, 16,100-mile transmission, and 106,400-mile distribution platform, increasingly focused on powering hyperscale AI data centers.
- Company typePublic
- Founded1949
- HeadquartersNew Orleans, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Entergy Corporation does
Entergy Corporation (NYSE: ETR) is a regulated electric utility holding company founded in 1949 and headquartered in New Orleans, Louisiana. It operates through five wholly-owned regulated subsidiaries (Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas) plus System Energy Resources, serving approximately 3 million retail customers across a 91,000-square-mile service territory in Arkansas, Louisiana, Mississippi, and Texas. The company is the primary infrastructure partner enabling the AI data center buildout in the US Gulf South, with signed or active agreements spanning Meta, Amazon Web Services, Google, and Hut 8.
Entergy owns and operates an integrated generation, transmission, and distribution platform comprising approximately 24,000 megawatts of generating capacity (natural gas, nuclear, coal, hydroelectric, and solar), 16,100 circuit miles of transmission lines, and 106,400 circuit miles of distribution lines. Its nuclear fleet of approximately 5,000 megawatts across five units (Arkansas Nuclear One, Grand Gulf, River Bend, Waterford 3) provides carbon-free baseload and a net-zero pathway to 2050. The company is a member of the Midcontinent Independent System Operator (MISO) for wholesale transmission planning and operates more than 3 million advanced meters as the foundation for grid modernization. Renewable generation projects total over 5,038 megawatts across the service territory.
Entergy earns revenue primarily through regulated electricity rates set by state public service commissions and FERC, with formula rate plans enabling annual adjustments for capital investments. Long-term Electric Service Agreements with hyperscale data center operators (Meta's $10 billion+ Hyperion commitment, Google, AWS, Hut 8) provide cost-of-service pricing plus dedicated infrastructure contributions. Capital expenditure has scaled from a $43 billion plan to a $57 billion four-year plan for 2026-2029, a 33% increase, funded through a combination of operating cash flow, debt issuance, and equity offerings (including a $2.175 billion forward equity sale in May 2026). Management guides to 15% industrial sales CAGR through 2029, 8.5% retail sales CAGR through 2030, and EPS growth from $3.91 in 2025 to $7.40 in 2030.
Entergy Corporation firmographics
Firmographics- Name
- Entergy Corporation
- Legal name
- Entergy Corporation
- Website
- https://entergy.com
- Company type
- Public
- Founded year
- 1949
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Entergy Corporation is a regulated electric utility serving approximately 3 million retail customers across Arkansas, Louisiana, Mississippi, and Texas via an integrated 24,000 MW generation, 16,100-mile transmission, and 106,400-mile distribution platform, increasingly focused on powering hyperscale AI data centers.
- Ownership category
- akta.pro rank
Entergy Corporation industry classification
Industry- Product category
- Regulated Electric Utility
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Electric Power Distribution (221122), Electric Bulk Power Transmission and Control (221121), Fossil Fuel Electric Power Generation (221112)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA)
- akta.pro secondary industries
- Power Distribution & Switchgear (UPS, PDUs, Busway) (HDABAKAA), Open-Cycle Gas Turbine (OCGT) / Peaker Generation (EUACABAB)
Keywords
Where Entergy Corporation is headquartered
LocationHeadquarters
- HQ city
- New Orleans
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Entergy Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
Revenue model
- Regulated Electric Utility Revenue: Revenue from generating, transmitting, and distributing electricity to approximately 3 million retail customers across Arkansas, Louisiana, Mississippi, and Texas. Rates are regulated by state public service commissions and FERC, with formula rate plans enabling cost recovery on capital investments.
- Industrial/Commercial Power Agreements: Revenue from large industrial customers including data center operators (Meta, AWS, Google) through long-term Electric Service Agreements with cost-of-service pricing and infrastructure contributions.
- Transmission Infrastructure Services: Revenue from wholesale transmission services under MISO tariff, including grid expansion projects serving data center load growth.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Regulated retail electricity rates |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Entergy Corporation product offering
Product offeringCore offering
Entergy Corporation is an integrated regulated electric utility that generates, transmits, and distributes electricity to approximately 3 million retail customers across Arkansas, Louisiana, Mississippi, and Texas. It operates roughly 24,000 megawatts of generating capacity spanning natural gas, nuclear, solar, hydroelectric, and coal resources, and manages about 16,100 circuit miles of transmission and 106,400 circuit miles of distribution lines through its five state-regulated subsidiaries. The company also provides customer-facing digital services such as the myEntergy portal, mobile app, energy efficiency programs, and storm response support.
Product overview
Entergy Corporation is a regulated electric utility company operating as a single, integrated platform providing electricity generation, transmission, and distribution services. The company serves approximately 3 million retail customers across Arkansas, Louisiana, Mississippi, and Texas through its five regulated subsidiaries (Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas). Entergy generates electricity from diverse sources including natural gas, nuclear, solar, hydroelectric, and other renewable resources, with approximately 24,000 megawatts of generating capacity. The company operates one of the cleanest large-scale generation fleets in the United States, with nuclear power producing approximately 5,000 megawatts of carbon-free electricity. The transmission system spans approximately 16,100 circuit miles, and the distribution network covers approximately 106,400 circuit miles across a 91,000 square-mile service area. Customer-facing services include the myEntergy online portal, mobile applications, and various energy efficiency programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Power Generation Services Electric power generation from natural gas, oil, nuclear, solar, hydroelectric, and coal sources with approximately 24,000 megawatts of total generating capacity, serving Entergy's regulated retail and wholesale customers across its four-state service territory.
- Transmission System Services Bulk electric power transmission across approximately 16,100 circuit miles of transmission lines and about 1,300 substations operated at 69 kV to 500 kV over a 114,000 square-mile footprint, operating under MISO regional tariff.
- Electric Distribution Services Last-mile electric distribution across approximately 106,400 circuit miles of distribution lines within the 91,000 square-mile service territory, delivering power to retail customers in Arkansas, Louisiana, Mississippi, and Texas.
- Nuclear Power Generation Carbon-free nuclear electricity generation from five nuclear units producing approximately 5,000 megawatts of capacity across Arkansas Nuclear One, Grand Gulf Nuclear Station, River Bend Station, and Waterford 3, supporting Entergy's net-zero emissions goal.
- Renewable Energy Portfolio Solar, wind, hydroelectric, and biomass renewable energy projects totaling over 5,038 megawatts of capacity in service or development across Arkansas, Louisiana, Mississippi, and Texas.
- myEntergy Customer Portal Online customer portal for residential and business customers to view and pay bills, report outages, monitor energy usage, and manage account services.
- Entergy Mobile App Mobile application available on iOS and Android for managing accounts, viewing and paying bills, reporting outages, and accessing utility services on the go.
- Entergy Solutions Energy Efficiency Programs Energy efficiency programs, incentives, and tools for residential and business customers to reduce energy consumption and lower utility costs.
- Entergy Storm Center Storm preparedness information, safety guidance, and restoration updates provided to customers during severe weather events affecting the Gulf South service territory.
- Wholesale Transmission Services Power delivery to municipalities, cooperatives, and large industrial retail customers including hyperscale data centers under the MISO tariff, including dedicated grid expansion projects.
Quantifiable outcome
- Customer savings of $2 billion+ over 20 years from Meta data center agreement
- +4 more outcomes
Companies that use Entergy Corporation
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Entergy Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Entergy Corporation partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, minor and flagship.
- Amazon Web Services (AWS)core$1 billion investment in Clinton, Mississippi transforming former Delphi manufacturing facility into state-of-the-art data center. AWS committed to workforce development programs including STEM education, technical certifications, and pre-apprenticeship programs. Project expected to support at least 100 highly skilled positions.
- Hyundai Steel and PoscocoreEntergy signed power supply agreement with Hyundai Steel and Posco for a steel mill in Louisiana. Project marks Hyundai Motor Group's first North American steelmaking venture focused on automotive manufacturing.
- Energy Transfer LPminor20-year deal with Entergy Louisiana to fuel power plants supporting Meta's AI data center. Energy Transfer supplying natural gas under contract for data center power generation.
- Hut 8minorEntergy subsidiary supplying electricity under services agreement for Hut 8's 245-megawatt data center project in St. Francisville, Louisiana tied to Google. Project involves $3+ billion in high-grade bonds.
- Meta PlatformsflagshipMeta financing seven new natural gas power plants (5.2 GW), 240 miles of transmission lines, battery storage at three sites, and up to 2.5 GW of renewable energy for its Hyperion AI data center campus in Richland Parish, Louisiana. Total Meta investment approximately $10 billion. Deal expected to deliver $2 billion+ in customer savings over 20 years. MOU signed to explore future nuclear power development.
- Evest LLC (Meta subsidiary)flagshipEntergy Louisiana filed for certification to construct 5,278 MW of new generation capacity at $12.9 billion plus $1.4 billion transmission line to serve second data center agreement with Evest LLC, Meta Platforms subsidiary.
- Jackson State Universityminor$500,000 grant established Power Systems Laboratory to train next generation of engineers. Donation helped university receive approval for electrical engineering degree program.
- Googlecore600 MW solar project and 350 MW battery storage facility in Arkansas to power Google's data center operations. Google covering all energy costs under special contract approved by Arkansas Public Service Commission. Part of $4 billion total Google data center investment in West Memphis, Arkansas.
- Ratepayer Protection Pledge Signatories (Amazon, Google, Meta, Microsoft, OpenAI, Oracle, xAI)coreSeven major AI companies signed White House Ratepayer Protection Pledge committing to cover costs of new power generation and grid infrastructure for data centers without passing costs to residential ratepayers. Supports Entergy's Fair Share Plus framework.
- Alcorn State UniversityminorScholarships for students pursuing careers in radiation health physics. Entergy awarded more than $400,000 in scholarships since 2008. Program graduates are in high demand at Entergy and other nuclear facilities.
Scale indicators15 records
Recent moves7 records
Expansion highlights7 records
Entergy Corporation competitors and assessment
Company assessmentDirect peers
- Southern Company: Largest US utility by customers in the Southeast/Gulf South with overlapping regulated electric operations, major nuclear fleet (Vogtle 3&4), and active data center load growth strategy in Georgia. Most direct geographic and operational comparable to Entergy.
- NextEra Energy: Largest US utility by market cap, combining regulated FPL operations with the world's largest renewables developer (NextEra Energy Resources). Comparable scale of capital plan, hyperscaler/data center exposure, and integrated generation-transmission-distribution model.
- Duke Energy: Large multi-state regulated electric utility serving the Carolinas, Florida, and Midwest with significant nuclear capacity and active hyperscaler engagement. Comparable regulatory model, capex scale, and data center demand exposure.
- Dominion Energy: Vertically integrated utility with the most concentrated US data center exposure in Northern Virginia. Closely comparable in hyperscaler-driven load growth narrative, large transmission capex program, and mixed generation portfolio including nuclear.
- American Electric Power: One of the largest US electric utilities by transmission miles and service territory across 11 states. Comparable integrated generation/transmission/distribution model with significant capex programs and exposure to data center demand in Ohio, Indiana, and Texas.
Regional players
- DTE Energy: Michigan-based regulated electric and gas utility with growing data center exposure. Smaller scale than Entergy but operates a similar regulated utility business model with multi-year capex plans tied to load growth.
- Xcel Energy: Multi-state regulated electric and gas utility serving eight Midwestern and Western states. Comparable scale of capital plan, diversified generation mix, and active engagement with hyperscalers on data center load.
Broad incumbents
- Vistra Corp: Largest US competitive power generator with significant nuclear and natural gas capacity, including the Energy Harbor acquisition adding nuclear fleet. Comparable generation mix and AI/data center power marketing strategy though operates as an IPP rather than regulated utility.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Entergy Corporation social profiles
Digital presenceEntergy Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Entergy Corporation leadership team
Management profileNumber of profiles
Profiles5 records
Entergy Corporation subsidiaries and ownership
Company hierarchySubsidiaries6 records
Entergy Corporation funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Entergy Corporation M&A and investment
M&A and investmentM&A1 record
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Entergy Corporation
What does Entergy Corporation do?
Entergy Corporation is an integrated regulated electric utility that generates, transmits, and distributes electricity to approximately 3 million retail customers across Arkansas, Louisiana, Mississippi, and Texas. It operates roughly 24,000 megawatts of generating capacity spanning natural gas, nuclear, solar, hydroelectric, and coal resources, and manages about 16,100 circuit miles of transmission and 106,400 circuit miles of distribution lines through its five state-regulated subsidiaries. The company also provides customer-facing digital services such as the myEntergy portal, mobile app, energy efficiency programs, and storm response support.
Is Entergy Corporation a public or private company?
Entergy Corporation is a public company. It is classified as public and is currently operating.
When was Entergy Corporation founded?
Entergy Corporation was founded in 1949. It employs 5,001 to 10,000 people.
Where is Entergy Corporation based?
Entergy Corporation is headquartered in New Orleans, United States, in the North America region.
How does Entergy Corporation make money?
Three revenue lines are on record. Regulated Electric Utility Revenue is the primary driver. The others are industrial/Commercial Power Agreements and transmission Infrastructure Services.
Who are Entergy Corporation's main competitors?
Direct peers on record are Southern Company, NextEra Energy, Duke Energy, Dominion Energy and American Electric Power. Regional players are DTE Energy and Xcel Energy. Vistra Corp is listed as a broad incumbent.
Does Entergy Corporation have an API?
No public API is recorded for Entergy Corporation.
What industry is Entergy Corporation in?
Entergy Corporation's product category is Regulated Electric Utility. Its primary akta.pro industry code is EUAEAFAA, High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control), with a secondary code of HDABAKAA, Power Distribution & Switchgear (UPS, PDUs, Busway). Its NAICS code is 2211 and its SIC code is 4911.