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Entergy Louisiana announces new agreement with Meta

Entergy Louisiana (ETR) announced an additional agreement with Meta (META) to support the hyperscale data center in Northeast Louisiana. Structured to ensure Meta pays its full cost of service, the agreement is expected to deliver approximately $2B in customer savings to Entergy Louisiana customers over 20 years, in addition to the $650M previously announced. This agreement builds on Meta’s prior announcement selecting Northeast Louisiana for a historic data center investment. Combined, the two agreements are expected to deliver approximately $2.65B in total customer benefits, while advancing Louisiana’s position as a leader in the tech industry, energy innovation and economic growth.

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