Entergy Louisiana, LLC signed a 10-year commercial and contractual agreement with PennTex North Louisiana, LLC to supply up to 25 MW of electric power to PennTex's Lincoln Parish power plant near Arcadia, La., beginning in March 2015.
In March 2014, PennTex announced plans to construct a natural gas processing plant at a new site in Lincoln Parish, which is expected to be completed and operational by March 2015. Once commercially operational, the new facility will process natural gas to remove natural gas liquids and deliver the residue gas to the intrastate and interstate pipeline systems.
As a strategic joint venture between PennTex and producers in the northern part of the state, PennTex NLA aims to develop midstream infrastructure in support of growing production from its partners and other producers in the area. PennTex is in discussions with producers regarding additional expansions to its facilities as well as additional midstream services to support regional producers.
Entergy's Louisiana utility companies provide electric service to more than one million customers through the operating companies Entergy Louisiana, LLC and Entergy Gulf States Louisiana, L.L.C. and natural gas service to nearly 93,000 customers in the greater Baton Rouge area through Entergy Gulf States Louisiana. With operations in southern, central and northeastern Louisiana, the companies are units of Entergy Corp.
Entergy Corp. is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with about 30,000 MW of electric generating capacity, including more than 10,000 MW of nuclear power, making it one of the nation's leading nuclear generators. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and about 14,000 employees.