Entergy Leads in Economic Development for 18th Year

**Entergy Extends Economic Development Reign with 18th Consecutive Top Utility Honor**

**NEW ORLEANS, LA** – For an unparalleled 18th consecutive year, Entergy has been recognized as a leading utility for its outstanding contributions to economic development across its service territory. The prestigious honor was announced by Site Selection magazine in its September 2023 issue, solidifying Entergy’s position as a critical driver of growth in the Gulf South.

The award acknowledges the consistent effectiveness of Entergy and its operating companies – Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas – in attracting new businesses, fostering the expansion of existing industries, and generating new job opportunities. Site Selection magazine, a leading publication for corporate real estate and economic development, evaluates utilities based on project success, capital investment generated, and job creation.

“To be recognized for nearly two decades straight by an authority like Site Selection magazine speaks volumes about our unwavering commitment to the communities we serve,” said Joseph “JoJo” LaRiccia, Entergy’s Vice President of Economic Development. “Our team works tirelessly, hand-in-hand with state and local partners, to make our region an attractive destination for businesses seeking growth and innovation. This award truly belongs to everyone involved in these efforts.”

The numbers underscore Entergy’s profound impact. In 2022 alone, Entergy played a pivotal role in securing 83 major projects across Arkansas, Louisiana, Mississippi, and Texas. These projects collectively represent a staggering $142 billion in capital investments and are projected to create 7,160 new jobs for residents. Entergy’s economic development specialists have strategically sharpened their focus on drawing in advanced manufacturing, clean energy initiatives, and innovative technology companies, aligning with the evolving economic landscape and the region’s unique strengths.

According to Mark Arend, Editor-in-Chief of Site Selection magazine, “Entergy’s sustained performance is remarkable. Their proactive approach, data-driven strategies, and deep understanding of business needs make them a standout. They aren’t just providing power; they’re powering economic transformation.”

Beyond the impressive 2022 figures, Entergy’s long-term impact on the region is even more significant. Since the year 2000, the utility has helped facilitate nearly $197 billion in capital investments, contributing to the creation of over 170,000 new jobs in the states they serve. This consistent track record highlights the company’s vital role in bolstering local economies, diversifying industrial bases, and improving the quality of life for residents.

Entergy’s economic development team provides comprehensive support to businesses considering relocation or expansion, including site selection assistance, detailed data on infrastructure and workforce availability, customized energy solutions, and guidance through state and local incentive programs. This holistic approach ensures that potential investors find the resources and support they need to thrive in the Gulf South.

For more information on Entergy’s economic development efforts, visit Entergy.com.