AI Prospecting for Entergy

Keybanc downgraded Entergy's (ETR) outlook from Overweight to Sector Weight on December 4, 2024, with an average one-year price target of $152.34/share, representing a 0.45% upside from its latest closing price[1]. Entergy Louisiana will power Meta's $10 billion data center in Richland Parish, involving significant infrastructure development, including triple-cycle gas turbines and transmission lines, and creating up to 1,800 construction jobs and 44 permanent positions. The project supports 30% initial hydrogen co-firing and future carbon capture integration[2].

Entergy Louisiana will power Meta's $10 billion data center in Richland Parish, involving three combined-cycle combustion turbines, transmission lines, and creating up to 1,800 construction jobs and 44 permanent positions. The project supports 30% initial hydrogen co-firing and future carbon capture integration[1].

Entergy announced that Elizabeth Adams has been appointed chief customer officer, effective immediately, reporting to CFO Kimberly Fontan. Additionally, Rod West, group president of utility operations, will retire on January 31, 2025, after over 25 years of service[5].