Entergy partners with companies locating in the Southeast
In March 2022, the company invested $100.0 million in the Ouachita Parish, Louisiana energy system. A month before in February, Entergy partnered with US Steel for the opening of a new steel mill in Arkansas. Entergy also partnered with Sempra Infrastructure to provide energy to its Louisiana facilities. Several high-profile companies recently relocated to Entergy’s domain, including Tesla. Entergy’s ability to provide low-rate energy to industrial customers provides an opportunity to take advantage of this relocation trend. The company must also maintain existing systems, as exemplified in its recent Ouachita Parish investment.
Competition|New Activity|ESG|Discontinued ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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