ETR · News · 20261103N
Financing Activities
ENTERGY CORP /DE/ · 2026-11-03 · Importance 38 · Surprise 24 · In source text
Entergy settled just over $900 million of equity forward settlements in September. It issued $1.5 billion of junior subordinated notes, which received 50% equity treatment. Entergy Louisiana issued $1 billion of bonds in 10- and 30-year tenors at an average rate below 6%. Entergy received $256 million in cash in October from selling 2025 production tax credits.
Key facts
- Entergy issued $1.5 billion in junior subordinated notes, receiving 50% equity treatment. source
- Entergy settled just over $900 million in equity forward settlements in September. source
- Entergy Louisiana issued $1 billion in bonds, split between 10- and 30-year tenures at an average rate of less than 6%. source
- Entergy received $256 million in cash in October from the sale of 2025 production tax credits. source
- Entergy's equity needs are just below the targeted range of 10%-15% of the total 2027-2030 capital plan, and more than 40% is already contracted. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Entergy issued $1.5 billion in junior subordinated notes, receiving 50% equity treatment. |
| liability | negative | realized | — | Entergy issued $1.5 billion in junior subordinated notes, receiving 50% equity treatment. |
| cash | positive | realized | — | Entergy settled just over $900 million in equity forward settlements in September. |
| cash | positive | realized | — | Entergy Louisiana issued $1 billion in bonds, split between 10- and 30-year tenures at an average rate of less than 6%. |
| liability | negative | realized | — | Entergy Louisiana issued $1 billion in bonds, split between 10- and 30-year tenures at an average rate of less than 6%. |
| cash | positive | realized | — | Entergy received $256 million in cash in October from the sale of 2025 production tax credits. |