Entergy recognized for economic development
– Beyond just providing electricity to its customers, Entergy is
heavily involved in economic development activities, working to help
attract new businesses to its four-state service territory.
And for the fourth consecutive year, the corporation has been recognized as one of the Top 10 utilities in North America for its work to support economic development in Arkansas, Louisiana, Mississippi and Texas. The recognition comes in the September 2011 issue of Site Selection magazine.
Each year, Site Selection
magazine recognizes utilities based on their work in economic
development during the previous year. Important criteria in the
selection process include job creation, capital investment, innovative
programs and incentives for businesses such as energy efficiency and
renewable energy programs. The selection is also based on the input of
leading site selection consultants and interviews with company
economic development staff is committed full-time to helping the
communities we serve in attracting, recruiting and retaining business in
our state,” said Michael Barnhill, director of economic development for
Entergy Texas, Inc. “We’re only successful if the communities we serve
are successful and this recognition also honors the hard work of local
was specifically cited for the $3.1 billion in new capital investments
and more than 7,800 jobs that Entergy’s utility companies helped to
create in Arkansas, Louisiana, Mississippi and Texas in 2010.
to home, Entergy Texas’ economic development group to date this year
has attracted 24 projects to the Southeast Texas service area,
representing 1,655 jobs. The group provides a website listing of
buildings and sites where realtors, property owners and economic
developers can list available properties at txsiteselection.com.
They also engage in business recruiting for prospects in retail and
commercial, industrial, office and regional and corporate headquarters.
Entergy Texas’ economic development personnel build relationships with
site selection consultants, attend tradeshows and missions for business
recruitment, host prospect visits, produce quarterly economic trends
reports for Southeast Texas, provide financial support for economic
development organizations and are represented on area economic
Entergy was one of just six utilities that also made last year’s listing.
Texas, Inc. provides electricity to more than 400,000 customers in 27
counties. It is a subsidiary of Entergy Corporation. Entergy is an
integrated energy company engaged primarily in electric power production
and retail distribution operations.
Entergy owns and operates power
plants with approximately 30,000 megawatts of electric generating
capacity, and it is the second-largest nuclear generator in the United
Sates. Entergy delivers electricity to 2.7 million utility customers in
Arkansas, Louisiana, Mississippi and Texas.