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Under pressure, Entergy looks to mitigate cost of $1.8B Texas gas plant purchase
['Robert Walton', 'Senior Editor']
Utility Dive - Latest News
7-12 GW Data center pipeline, also unchanged.
Jefferies equity analyst Julien Dumoulin-Smith said the Cottonwood deal is “increasingly in doubt” in a Wednesday report.
Meta’s data center plans, announced in March, added about $15 billion to Entergy’s capital investment plan, which now sits at $67 billion.
The deal with Meta pushed Entergy’s data center pipeline to 7-12 GW of potential load, and it also was not expanded.
New data center additions may be slowing, according to analytics consultancy Wood Mackenzie.