Business
Entergy Louisiana announces a new agreement with Meta that will deliver an additional $2B in customer savings
Entergy Louisiana today announced an additional agreement with 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 $2 billion in customer savings to Entergy Louisiana customers over 20 years, in addition to the $650 million previously announced.
About this update from Entergy Corporation
[{"type":"text","content":"The partnership further positions Louisiana as high-tech leaderMeta to cover costs of the new infrastructure that will serve all customers","length":139,"tagName":"p","attribs":{}},{"type":"text","content":"RAYVILLE, La., March 27, 2026 /PRNewswire/ -- Entergy Louisiana today announced an additional agreement with 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 $2 billion in customer savings to Entergy Louisiana customers over 20 years, in addition to the $650 million previously announced.","length":414,"tagName":"p"},{"type":"image","alt":"Entergy logo (PRNewsfoto/Entergy Corporation)","displaySize":"","headline":null,"caption":"Entergy logo (PRNewsfoto/Entergy Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":120,"url":"https://media.zenfs.com/en/prnewswire.com/e6dbc63022ba0fce36e9d5b560cfbe04"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/JSHeGahVcl9N9ZEiqArg7A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE2OA--/https://media.zenfs.com/en/prnewswire.com/e6dbc63022ba0fce36e9d5b560cfbe04","width":300,"height":120}},"href":"https://mma.prnewswire.com/media/1740698/Entergy_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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 $2.65 billion in total customer benefits, while advancing Louisiana's position as a leader in the tech industry, energy innovation and economic growth.","length":346,"tagName":"p"},{"type":"text","content":""This agreement reflects what's possible when strong partners align around long-term growth and value," said Phillip May, president and CEO of Entergy Louisiana. "Working with our customers, regulators and state leaders, we are making targeted investments that strengthen reliability, support economic development and deliver meaningful benefits to customers — all while keeping energy rates affordable, which aligns perfectly with Meta's Ratepayer Protection Pledge and Entergy's Fair Share Plus pledge."","length":537,"tagName":"p"},{"type":"text","content":"The project represents a significant o...