History of Entergy in Timeline

Entergy Corporation is an American energy company based in New Orleans, Louisiana. It focuses on electric power production and retail distribution in the Deep South, serving three million customers across Arkansas, Louisiana, Mississippi, and Texas. With approximately 24,000 megawatts of electric generating capacity, Entergy generates annual revenues of $11 billion. The company employs over 12,000 people.

November 13, 1913: Formation of Arkansas Power Company

On November 13, 1913, Entergy's history began with the formation of Arkansas Power Company by founder Harvey C. Couch.

1925: Formation of Electric Power and Light Corporation

In 1925, Electric Power and Light Corporation was formed as an EBASCO subsidiary headquartered in New Orleans, with Couch as its president. It became the parent company for Mississippi Power and Light, Louisiana Power and Light, New Orleans Public Service, and Arkansas Power and Light.

1925: Headquarters in New Orleans

Since 1925, New Orleans had been home to Entergy's various corporate predecessors.

1935: Public Utility Holding Company Act of 1935

In 1935, EBASCO fought against the Public Utility Holding Company Act of 1935.

1938: Supreme Court Case Loss

In 1938, EBASCO lost a Supreme Court case related to the Public Utility Holding Company Act.

1949: Dissolution of EBASCO

In 1949, EBASCO was ordered to be dissolved under the provisions of the Public Utility Holding Company Act.

1989: Logo Use by Subsidiaries

Around 1989, each of Middle South Utilities' subsidiaries adopted logos of a similar style used by Louisiana Power and Light Company between approximately 1967 and 1989.

1989: Name Change to Entergy

In 1989, Middle South Utilities changed its name to Entergy.

January 1, 1994: Merger with Gulf States Utilities

On January 1, 1994, Middle South Utilities, which later changed its name to Entergy, merged with or bought Gulf States Utilities, based in Beaumont, Texas.

1998: Ouster of CEO Ed Lupberger

In 1998, Shareholder dissatisfaction led to a shakeup of management, culminating with the ouster of longtime CEO Ed Lupberger.

August 2005: Temporary Relocation After Hurricane Katrina

In August 2005, after Hurricane Katrina hit New Orleans, Entergy temporarily relocated its headquarters' employees and contractors to other cities.

April 2006: Return to New Orleans Headquarters

In April 2006, Entergy began moving back into its New Orleans headquarters.

2008: Named to Forbes List of America's Most Trustworthy Companies

In 2008, Entergy was named to Forbes list of America's Most Trustworthy Companies, a ranking based on corporate governance practices and accounting transparency.

February 24, 2010: Vermont Senate Vote on Vermont Yankee Plant

On February 24, 2010, the Vermont Senate voted to prevent the Vermont Public Service Board from issuing the necessary certificate that would allow for the Vermont Yankee plant to have its license renewed for another 20 years.

2010: Annual Revenues

In 2010, Entergy had annual revenues of more than $11 billion and approximately 15,000 employees.

2011: Electric Vehicle Charging Station Donations

In 2011, Entergy and Coulomb Technologies began donating free electric vehicle charging stations at 16 sites at college campuses in the southern US.

2011: Possibility of Revisiting the Vermont Yankee Plant Issue

In 2011, there was a possibility of revisiting the Vermont Yankee plant issue by the legislature in either a special session later in 2010 or in its next regular session in 2011.

2012: Texas Side Location

Until 2012, Entergy Texas was based on where the former Gulf States Utilities was in Beaumont.

2013: Joined Midcontinent Independent System Operator (MISO)

In 2013, Entergy joined the Midcontinent Independent System Operator (MISO) as its southern region following an Department of Justice investigation into the company's anti-competitive behavior.

May 2018: Entergy New Orleans Scandal

In May 2018, Entergy New Orleans was embroiled in a scandal surrounding its controversial proposal for a natural gas power plant in East New Orleans, leading to a fine of $5 million.