Entergy Louisiana Provides Regional Economic Development Grant to SLEC
As originally reported by Entergy
THIBODAUX, LA.–Entergy Louisiana provided a $110,000 grant to South Louisiana Economic Council as part of the company’s efforts to support regional economic development across the state.
Entergy’s investment helps to fund SLEC’s economic development goals, including business recruitment and retention and workforce development, among other initiatives, in the Bayou Region – specifically the parishes of Assumption, Lafourche, St. Mary, and Terrebonne.
“The Bayou region is consistently ranked one of the strongest regional economies in the nation thanks to our significant natural resources, strong college systems and dedicated workforce,” said Vic Lafont, SLEC president and CEO. “The support from partners like Entergy Louisiana fuels our ability to both maintain and advance this ranking. We are grateful for partnerships that help us provide key business resources within our four-parish community.”
Through its Business and Economic Development team, Entergy Louisiana works with state and local government agencies, economic development organizations and community partners to attract new businesses and jobs to Louisiana.
“Our team offers comprehensive support and resources that are vital for businesses looking to move or expand in Louisiana, including a site selection website and access to business and community leaders along with state and regional partnerships,” said Perry Pertuit, Entergy Louisiana new business development manager. “To help Louisiana thrive, it’s paramount that we continue strong, productive partnerships with organizations like SLEC. Together, we can go beyond the power grid to help our friends and neighbors realize opportunities where they want to — right here at home.”
Since 2010, Entergy has actively participated in 146 announced economic development projects in Louisiana, totaling nearly $83 billion in capital investments and approximately 20,000 new direct jobs. For 11 years running, Site Selection magazine has named Entergy Corporation as one of the nation’s Top 10 Utilities in economic development.
In addition, Southern Business & Development magazine ranked Louisiana number two in the South for the strongest economic development results during 2018. Also, in their 15th annual rankings, Business Facilities magazine placed Louisiana within the nation’s top 10 states for overall economic growth potential, and ranked the state high in several other categories.
Entergy Louisiana, LLC provides electric service to more than 1 million customers and natural gas service to nearly 93,000 customers in the greater Baton Rouge area. With operations in southern, central and northern Louisiana, the company is a subsidiary of Entergy Corporation.
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including nearly 9,000 megawatts of nuclear power. Entergy delivers electricity to 2.9 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of $11 billion and nearly 13,700 employees.