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Entergy a top ten utility again

Posted: Updated: Oct 12, 2012 08:45 AM

MONROE, La., (KNOE 8 News) - For the fifth consecutive year, Entergy Corporation has been recognized as one of the top 10 utilities in North America for its work to support economic development.

The recognition comes in the September 2012 issue of Site Selection magazine, which highlights Entergy's private-sector facility investment of more than $2.3 billion along with the creation of 8,877 jobs in Arkansas, Louisiana, Mississippi and Texas.

In its list of economic development highlights from the previous year, Site Selection credits Entergy's work in Louisiana to identify and qualify eight new target industries and champion eight sites that were ultimately certified by Louisiana Economic Development as ready for development.

Site Selection also mentions the efforts of Entergy's Teamwork Arkansas in the passage of an economic development sales tax that will produce $68 million for three Arkansas communities over the next decade. In Mississippi, corporate locations and expansions assisted by Entergy have resulted in capital investment of almost $1 billion. In Texas, Entergy has identified significant growth opportunities in industries such as renewable energy, solar, wind, energy efficiency, green building, sustainable transportation, algae, biofuels, bio-mass and the environment.

Site Selection magazine bases its ranking on a variety of criteria, including job creation, capital investment, and innovative programs and incentives for businesses such as energy efficiency and renewable-energy programs. The magazine also gathers input from leading site-selection consultants and interviews with company executives.

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