December 20, 2014 8:02 AM ET

Electric Utilities

Company Overview of Entergy Gulf States Louisiana, LLC

Company Overview

Entergy Gulf States Louisiana, L.L.C. is engaged in the generation, transmission, distribution, and sale of electric power primarily to retail and wholesale customers in Louisiana. It also offers natural gas utility services to customers in Baton Rouge, Louisiana. The company was founded in 1925 and is based in Rouge, Louisiana. Entergy Gulf States Louisiana, L.L.C. is a subsidiary of Entergy Corporation.

446 North Boulevard

Baton Rouge, LA 70802

United States

Founded in 1925

763 Employees

Phone:

800-368-3749

Key Executives for Entergy Gulf States Louisiana, LLC

Chairman
Age: 52
Acting Principal Financial Officer
Age: 43
Chief Nuclear Officer
Age: 61
Chairman of Entergy Arkansas
Age: 55
Chief Executive Officer of Entergy Corporation
Age: 54
Compensation as of Fiscal Year 2014.

Entergy Gulf States Louisiana, LLC Key Developments

Entergy Gulf States Louisiana to Power Sasol North America, Inc.'s Ethane Cracker and Derivatives Project in Westlake

Entergy Gulf States Louisiana, L.L.C. signed a six-year commercial and contractual agreement with Sasol North America Inc., to supply up to 200 megawatts of electric power to Sasol's proposed ethane cracker and derivatives project in Westlake, La., beginning in mid 2015. Sasol announced in December 2012 that it would begin front end engineering and design (FEED) work for a world scale ethane cracker and derivatives facility to be located near the town of Westlake, La. The estimated cost of the facility is between $5 billion to $7 billion. It is currently envisioned that the final investment decision for the ethane cracker will be taken in 2014 with beneficial operation to be achieved in 2017. The ethane cracker is designed to produce 1.5 million tons per year of ethylene. Entergy Gulf States Louisiana plans to upgrade its electric transmission system to meet the increased demand the ethylene production facility is anticipated to generate.

Entergy Gulf States Louisiana, L.L.C. Signs Commercial and Contractual Agreement with Methanex USA LLC

Entergy Gulf States Louisiana, L.L.C. has signed a commercial and contractual agreement with Methanex USA LLC to supply up to 30 megawatts of power to Methanex's new methanol facility in Geismar. In July 2012, Methanex announced plans to relocate a 1 million metric ton methanol production plant from Chile to a new 225-acre site in Geismar. On April 24, 2013, Methanex announced plans to proceed with the relocation of a second 1 million metric ton per year methanol plant from its Chile site to Geismar. Subsequent to the public announcement, Entergy Gulf States Louisiana has been working with Methanex to provide permanent power to its new facility. The power contract between Entergy Gulf States Louisiana and Methanex is for an initial 10-year term and will continue thereafter on a year-to-year basis. Entergy Gulf States Louisiana plans to upgrade its electric transmission system to meet the increased demand the methanol production facility is anticipated to generate.

Entergy Gulf States Louisiana, L.L.C. Announces Newly Elected Directors

Entergy Gulf States Louisiana, L.L.C. announced that on June 21, 2013, in lieu of a meeting, the sole holder of all of the issued and outstanding common membership interests of Entergy Gulf States Louisiana by written consent elected the following individuals as directors of Entergy Gulf States Louisiana: Phillip R. May, Jr., Theodore H. Bunting, Jr., Andrew S. Marsh and Mark T.Savoff.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 9, 2014
Union Power Partners, L.P., Union Power Station
Merger/Acquisition
September 30, 2014
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