Entergy Named as National Leader in Economic Development

Ninth Consecutive Year on the List

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Sep 29, 2016, 11:04 ET

NEW ORLEANS, Sept. 29, 2016 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) has been named one of the nation's Top 10 utilities in economic development for 2015 by Site Selection magazine for the ninth year in a row for its integral role that resulted in nearly $10.3 billion of capital investment and the creation of over 4,800 new jobs in its service territory.

The ranking may be viewed in the September 2016 print edition and on Site Selection's website.

"Entergy is honored to be recognized again by Site Selection magazine as one of the top national utilities in economic development," said Paula Waters, vice president of Entergy's utility sales and development services department. "As active participants in our region's economic development process, and through our close work with our state agencies and local communities, we successfully secured new load growth and recently helped drive $90 million in new sales from corporate facility and other projects. Entergy will continue to play an integral role in the ongoing industrial growth taking place in our own backyard."

Criteria used by Site Selection to choose the top 10 includes the utility's use of innovative programs and incentives for business and the utility's own job-creating infrastructure and facility investment trends. Entergy provides companies with access to essential information to locate, expand and promote their company in Arkansas, Louisiana, Mississippi and Texas. In addition, Entergy provides companies with services in site selection, project management, large project transmission and distribution engineering and contracts.

For more information on Entergy's economic development efforts, please go to goentergy.com.

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 10,000 megawatts of nuclear power. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of approximately $11.5 billion and more than 13,000 employees.

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