Entergy New Orleans LLC, founded in 1989 and based in New Orleans, Louisiana, is a subsidiary of Entergy Corporation, dedicated to providing reliable electricity services to its customers in the New Orleans metropolitan area. The company plays a crucial role in the local economy by delivering electricity to residential, commercial, and industrial sectors while focusing on sustainability and the development of clean energy solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ETR 4.00% 2026-06-01 USDEntergy New Orleans LLC | United States | 2026-06-01 | 4.000 | 4.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The company has a history of bond issuances, having begun its bond program in the early 2000s to finance infrastructure improvements and operational costs. Notably, in 2019, Entergy New Orleans issued $300 million in bonds to support the construction of a new combined-cycle gas turbine power plant, reflecting a commitment to modernizing its power generation portfolio. Currently, the yield on their bonds remains competitive within the utility sector, providing an attractive option for investors looking for stable returns. Recent news indicates a planned issuance to fund additional renewable energy projects, reinforcing Entergy New Orleans' commitment to sustainable growth.