Entergy(US:ETR) Zhi Tong Cai Jing·2025-10-07 06:41Core Viewpoint - Entergy (ETR.US) has seen a 2.2% increase in stock price, reaching a record high of $98.58, following news of providing power support for Google's $4 billion technology project in Arkansas [1] Group 1: Company Developments - Entergy's CEO, Phillip May, indicated that multiple tech companies are looking to establish large data centers in northern Louisiana after Meta Platforms (META.US) announced plans for its largest AI facility in the region [1] - The demand for power from Entergy ranges from over 100 megawatts to gigawatt-scale projects, with the company engaging with a significant number of other large-scale enterprises for collaboration in northern Louisiana [1] - Entergy executives revealed during the latest earnings call that the total reserve of data center projects within its service area amounts to 5-10 gigawatts [1] Group 2: Market Conditions - Factors contributing to Entergy's attractiveness for large-scale projects include ample land resources, a willingness from government officials to expedite transaction approvals, and lower hurricane risks compared to the Gulf Coast [1] - Meta has announced plans to expand its facility in Richland Parish from 2 gigawatts to 5 gigawatts, showcasing the growing demand for power in the region [1]