Utility Entergy says revised Meta data-center deal to deliver higher customer savings

Meta Platforms agreed to pay Entergy's full cost of service for the planned hyperscale data center in northeast Louisiana under a revised agreement. The deal secures cost recovery for Entergy, reduces regulatory and project execution risk, and de-risks a major infrastructure build for both companies.

Analysis

Meta Platforms agreed to pay Entergy's full cost of service for the planned hyperscale data center in northeast Louisiana under a revised agreement. The deal secures cost recovery for Entergy, reduces regulatory and project execution risk, and de-risks a major infrastructure build for both companies.