Entergy Louisiana breaks ground on new, state-of-the-art generation facilities to power reliability, growth and innovation

Core Insights - Entergy Louisiana is investing in two new combined-cycle combustion turbine generation facilities, expected to deliver over $650 million in customer savings over the next 15 years [1][6] - The new facilities will add approximately 1,500 megawatts of natural gas generation capacity, enhancing the state's energy infrastructure and supporting economic growth [2][3] Investment and Economic Impact - The construction of the Franklin Farms Power Station is projected to generate billions in capital investment and thousands of construction and technology jobs, benefiting local communities and Entergy customers statewide [1][8] - The partnership with Meta is expected to create over 5,000 construction jobs and 500 operational jobs, marking one of the largest investments in the region's history [4][6] Technological Advancements - The new facilities will utilize modern, efficient technology that reduces fuel consumption and emissions, improving system reliability and operational flexibility [3][4] - Entergy Louisiana aims to integrate renewable resources while ensuring low-cost and dependable service for customers [3][4] Customer Benefits - Meta's operations are projected to lower customer storm charges by approximately 10% and reduce the bill impacts of resilience upgrades by a similar amount [6][7] - Over the 15-year agreement, Meta's contributions are expected to save customers around $650 million, helping to keep energy bills lower across Louisiana [6][7] Strategic Goals - Entergy Louisiana's long-term strategy focuses on modernizing its generation fleet to deliver reliable, cost-effective power, ensuring the state remains competitive for business and residents [4][9] - The Louisiana 100 Plan outlines Entergy's commitment to affordability, grid resilience, economic growth, and community investment, aiming to invest $100 million in local communities [11]