Entergy Corporation Benefits from U.S. Industrial Growth in 2014, Plans More than $9 Billion Capex through 2017
Entergy Corporation Benefits from U.S. Industrial Growth in 2014, Plans More than $9 Billion Capex through 2017
SUGAR LAND--February 6, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Electric power producer and distributer Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) benefited indirectly from the recent plunge in oil and gas prices, as the company added industrial customers who benefit from cheap feedstocks in 2014. Still, higher tax rates weighed down fourth-quarter earnings. Industrial Info is tracking $3.34 billion in active projects involving Entergy.
Within this article: Details on Entergy's fiscal year and projects, including a major addition to a power station in Louisiana; the purchase of Union Power Station in Arkansas; and the startup of operations at the Ninemile 6 facility in Louisiana.
Other companies featured: General Electric (NYSE:GE)
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