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Entergy Meta Deal: $2.65B in Louisiana Ratepayer Savings
['Joe Cunningham']
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Livingston Parish President Randy Delatte shared a letter Sunday from Entergy Louisiana President and CEO Phillip May outlining the arrangement.
Get our free mobile appWhat Entergy Says Meta Is Paying ForUnder the arrangement, Meta covers generation, transmission, battery storage and related grid upgrades required for its Richland Parish facility.
A consultant hired by the Public Service Commission contends the purchase is driven mainly by the power gap Meta’s data center is creating.
Economic Impact Already Showing Up in Richland ParishMay’s letter also points to local economic effects already showing up in Richland Parish.
Public schools and youth programs in the area have picked up additional support too, through Data Center Community Action Grants tied to the project.