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Entergy Louisiana Provides Regional Economic Development Grant to NELEA

Posted August 20, 2018 in Economic Development, News

Contact: David Freese | 504-576-4132 | dfreese@entergy.com

WINNSBORO, La. – Entergy Louisiana provided a $110,000 grant to the Northeast Louisiana Economic Alliance as part of the company’s efforts to support regional economic development across the state.

Entergy’s investment helps to fund NELEA’s efforts to connect Northeast Louisiana communities to opportunities and jobs and maximize resources within the area for the benefit, use and development of a strong regional rural economy.

“Entergy Louisiana’s support has been a steady force in helping the Northeast Louisiana Economic Alliance market as well as choose the sites best eligible to serve new and expanding businesses and continue our service commitment to the region,” said Tana Trichel, NELEA president and CEO. “One of their many contributions, for example, was the development and implementation of the Louisiana Site Selection website as a tool for regional economic development organizations to reach regional, national and international prospects through consistent site information. We are a stronger economic development server for Northeast Louisiana because of strong, productive partnerships like the one we have with Entergy Louisiana.”

Through its Business and Economic Development team, Entergy Louisiana works with state and local government agencies, economic development organizations and community partners to attract new businesses and jobs to Louisiana.

“Economic development partners like NELEA and others across the state are helping us map out the blueprint for a bright future in Louisiana,” said Ed Jimenez, director of business and economic development for Entergy in Louisiana. “Together, we’re helping our friends and neighbors in the communities that we serve realize business opportunities and a desired quality of life right here at home.”

The grant contributions will support NELEA’s marketing of the Northeast Louisiana region and work to assist businesses in locating shovel-ready sites and navigating agency requirements as well as expand workforce development and education.

“The Louisiana Site Selection Center and other initiatives of its kind have showcased what our region has to offer, including demographic and business data to parish and community profiles. This hub of information has helped businesses make important decisions, which in turn helps NELEA aggressively compete for new growth opportunities and realize first-hand the direct impact that economic development efforts have on the Northeast Louisiana area,” said Amanda Edge, Entergy Louisiana economic development project manager for the North Louisiana region.

Since 2010, Entergy has actively participated in 140 announced economic development projects in Louisiana totaling more than $77 billion in capital investments and nearly 18,000 new direct jobs. For 10 years running, Site Selection magazine named Entergy Corporation as one of the nation’s Top 10 Utilities in economic development.

In addition, Southern Business & Development magazine ranked Louisiana No. 2 in the South for the strongest economic development results during 2017. Also, Louisiana was awarded a 2018 Silver Shovel Award by Area Development magazine for achieving one of the best economic development performances in the U.S. during the past year.

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

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of approximately $11 billion and more than 13,000 employees.




Twitter: @EntergyLA