Entergy Louisiana announces a new agreement with Meta that will deliver an additional $2B in customer savings

Key Points:

• Entergy Louisiana and Meta have reached an additional agreement to support Meta's hyperscale data center in Northeast Louisiana, expected to deliver about $2 billion in customer savings over 20 years, adding to a prior $650 million benefit, totaling approximately $2.65 billion in customer benefits.
• The agreement ensures Meta pays its full cost of service and includes Meta's commitments of $120 million for Entergy’s The Power to Care program, $140 million for energy efficiency initiatives, support for carbon-free nuclear energy, and up to 2,500 MW of additional solar power.
• The project will create thousands of construction jobs from 2026 to 2031 and permanent roles in engineering and maintenance, boosting economic growth, tax revenues, and workforce development in Richland Parish and surrounding areas.
• Entergy Louisiana plans a comprehensive infrastructure buildout funded by Meta, including seven new natural gas combined-cycle plants, 240 miles of high-voltage transmission lines, battery storage, nuclear power uprates, and renewable energy resources to enhance grid reliability and efficiency.
• This initiative aligns with Louisiana’s economic development goals and regulatory frameworks, including the new Lightning Amendment, and supports Entergy Louisiana’s Louisiana 100 Plan focused on affordability, resilience, and community investment.