NEW
ORLEANS and JUNO BEACH,
Fla., June 7, 2024 /PRNewswire/ -- Entergy
(NYSE: ETR) and NextEra Energy Resources LLC, a subsidiary of
NextEra Energy Inc. (NYSE: NEE), today announced a joint
development agreement that will accelerate the development of up to
4.5 gigawatts (GW) of new solar generation and energy storage
projects. The agreement represents significant progress toward
Entergy's growing portfolio of renewable generation.
"We're excited about this joint development agreement, which
will enable Entergy to provide our customers with low-cost,
renewable energy as demand grows across Arkansas, Louisiana, Mississippi and Texas," said Rod
West, group president of utility operations for Entergy.
"We believe the power sector is at an inflection point, and
growing electricity demand will be met by low-cost, renewable
generation and storage," said Rebecca
Kujawa, president and chief executive officer of NextEra
Energy Resources. "We're pleased to reach this agreement because it
further strengthens our long-standing collaboration and adds up to
4.5 GW on top of the more than 1.7 GW of renewable energy projects
already underway with Entergy."
The five-year joint development agreement is expected to
facilitate the development and construction of new solar generation
and energy storage projects.
About Entergy
Entergy (NYSE: ETR) is a Fortune 500
company that powers life for 3 million customers through our
operating companies in Arkansas,
Louisiana, Mississippi and Texas. We're investing in the reliability and
resilience of the energy system while helping our region transition
to cleaner, more efficient energy solutions. With roots in our
communities for more than 100 years, Entergy is a nationally
recognized leader in sustainability and corporate citizenship.
Since 2018, we have delivered more than $100
million in economic benefits each year to local communities
through philanthropy, volunteerism and advocacy. Entergy is
headquartered in New Orleans,
Louisiana, and has approximately 12,000 employees. Learn
more at entergy.com and connect
with @Entergy on social media. #WePowerLife
About NextEra Energy Resources
NextEra Energy Resources LLC (together with its affiliated
entities, "NextEra Energy Resources") is a clean energy leader and
is one of the largest wholesale generators of electric power in the
U.S., with approximately 30,600 megawatts of total net generating
capacity, primarily in 41 states and Canada as of year-end 2023. NextEra Energy
Resources is the world's largest generator of renewable energy from
the wind and sun, and a world leader in battery storage. The
business operates clean, emissions-free nuclear power generation
facilities in New Hampshire and
Wisconsin as part of the NextEra
Energy nuclear fleet. NextEra Energy Resources offers a wide range
of clean energy solutions to help businesses and customers across
the country meet their emissions reduction goals. NextEra Energy
Resources LLC is a subsidiary of Juno
Beach, Florida-based NextEra Energy Inc. (NYSE: NEE). For
more information, visit: www.NextEraEnergyResources.com.
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SOURCE Entergy Corporation
