Financial News

Entergy Commits $1.25M to Help Louisiana Communities Recover from Hurricane Ida

By: 3BL Media

Funds help nonprofit partners provide disaster relief and assistance with rebuilding and recovery

SOURCE: Entergy Corporation

DESCRIPTION:

NEW ORLEANS, September 15, 2021 /3BL Media/ - As crews continue to work on restoring service to customers affected by Hurricane Ida, Entergy Corporation employees are teaming up with nonprofits and partners both local and from across the country to help those who have been impacted.

Entergy today announced a $1.25 million commitment in shareholder contributions to help nonprofit partners provide disaster relief and assistance with rebuilding and recovery. This includes $250,000 in pre-disaster funding that will enable the American Red Cross to continue providing help with food, water and shelter for customers.

Entergy will work closely with local nonprofit partners and parish leaders to determine how the company’s support can best be used to meet immediate needs while also aiding with longer-term recovery.

“Restoring power to our communities is the first step in helping get our communities back on their feet,” said Phillip May, Entergy Louisiana president and CEO. “To be a true partner we need to ensure we’re helping our customers in every way possible. This is just us doing what’s right for the communities we live in and serve.”

“Hurricane Ida’s impact to New Orleans and southeast Louisiana was devastating and our restoration efforts continue in the hardest hit areas,” said Deanna Rodriguez, Entergy New Orleans president and CEO. “These charitable contributions will go directly to those who need it the most to help in their recovery.”

For more information on the company’s restoration efforts following Hurricane Ida, visit entergy.com/hurricaneida.

About Entergy

Entergy New Orleans, LLC is an electric and gas utility that serves Louisiana’s Orleans Parish. The company provides electricity to more than 200,000 customers and natural gas to more than 108,000 customers.

Entergy Louisiana, LLC provides electric service to more than 1 million customers and natural gas service to more than 93,000 customers in the greater Baton Rouge area. It has operations in southern, central and northern Louisiana.

Entergy New Orleans, LLC and Entergy Louisiana, LLC are subsidiaries of Entergy Corporation, an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest large-scale U.S. power generating fleets with approximately 30,000 megawatts of electric generating capacity, including 7,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of $10 billion and approximately 12,500 employees. Learn more at entergy.com and follow @Entergy on social media.

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Tweet me: As crews continue to work on restoring service to customers affected by Hurricane Ida, @Entergy employees are teaming up with nonprofits and partners both local and from across the country to help those who have been impacted. https://bit.ly/3hA6EM8

KEYWORDS: NYSE:ETR, Entergy Corporation, Hurricane Ida

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