Entergy Corporation Increases Share Issuance Program by $1.5 Billion

Details

This program allows the company to offer and sell shares of its common stock from time to time. The company expects to issue approximately $4.7 billion of equity through 2028, with $1.4 billion already under forward sales agreements. The offering will be conducted under the company's Registration Statement on Form S-3, and a legal opinion regarding the validity of the shares is filed as an exhibit.

Items reported

Exhibits (1)

About Entergy Corporation

Entergy Corporation is a North American electric utility company that operates within the business sector of energy production and distribution. Its primary function is to generate and deliver electricity to its extensive customer base across several states, including Arkansas, Louisiana, Mississippi, and Texas. Entergy is a key player in both the regulated utilities and the merchant power sectors, boasting a diverse portfolio of energy sources, including natural gas, nuclear, coal, hydroelectric, and renewable energy assets. This provides the company with the flexibility to manage its operations efficiently and sustainably. Entergy's nuclear power operations, in particular, make it one of the largest producers of nuclear electricity in the United States, significantly impacting the energy industry by contributing to low-emission power generation. The corporation's strategic investments in infrastructure and commitment to environmental stewardship enhance its role in the transition to clean energy. Headquartered in New Orleans, Louisiana, Entergy Corporation's activities are crucial for regional power reliability, economic growth, and energy innovation.