July 11, 2014 8:07 PM ET

Electric Utilities

Company Overview of Entergy Mississippi, Inc.

Company Overview

Entergy Mississippi, Inc. generates, transmits, distributes, and sells electric power primarily to retail and wholesale customers in Mississippi. The company owns and leases gas/oil and coal power plants. As of May 6, 2014, it served approximately 441,000 customers in 45 counties. The company was founded in 1927 and is based in Jackson, Mississippi. Entergy Mississippi, Inc. is a subsidiary of Entergy Corporation.

308 East Pearl Street

Jackson, MS 39201

United States

Founded in 1927

724 Employees



Key Executives for Entergy Mississippi, Inc.

Age: 48
Chief Accounting Officer
Age: 43
Chairman of Entergy Corporation and Chief Executive Officer of Entergy Corporation
Age: 54
Chairman of Entergy Arkansas
Age: 55
Executive Vice President and General Counsel
Age: 52
Compensation as of Fiscal Year 2014.

Entergy Mississippi, Inc. Key Developments

Entergy Mississippi, Inc. Announces Newly Elected Directors

Entergy Mississippi, Inc. announced that on June 21, 2013, in lieu of a meeting, the sole holder of all of the issued and outstanding common stock of Entergy Mississippi by written consent elected the following individuals as directors of Entergy Mississippi: Haley R. Fisackerly, Theodore H. Bunting, Jr., Andrew S. Marsh and Mark T. Savoff.

Entergy Mississippi, Inc.(NYSE:EMZ) dropped from S&P Preferred Stock Index

Entergy Mississippi, Inc.(NYSE:EMZ) dropped from S&P Preferred Stock Index

Entergy Mississippi, Inc. Purchases Hinds Energy Facility

Entergy Mississippi, Inc. has completed the purchase of the Hinds Energy Facility, a modern, 450 megawatt natural gas-fired power plant located in Jackson. The acquisition will boost the utility's electric generation capacity and offer significant savings for its customers. The company bought the plant from KGen Hinds LLC for approximately $206 million, a sizeable discount to the cost to construct a comparable facility. The purchase provides the opportunity for the company's customers to realize significant cost savings. Plans to acquire the Hinds plant were first announced in 2011. The plant purchase is Entergy Mississippi's first since 2006 and supports the company's strategy of providing reliable electric service at the lowest reasonable cost. Low cost power and ample energy supply will also make the city and state more competitive in attracting new or expanded business and industry to the state. The Hinds plant is an environmentally friendly resource, and its addition to Entergy Mississippi will make one of the cleanest-burning utility generation fleets in the country even cleaner.

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