Entergy New Orleans Submits Storm Reserve Replenishment Filing
March 03, 2022
March 03, 2022
NEW ORLEANS, Louisiana, March 3 -- Entergy issued the following news release:
Entergy New Orleans seeks The New Orleans City Council's approval to issue $150,000,000 in securitized bonds to replenish the Company's storm reserve, which was fully depleted following Hurricane Ida restoration efforts.
"Storm reserves allow Entergy New Orleans to access an important source of funding during a severe storm," said Deanna Rodriguez, Entergy New Orleans presi . . .
Entergy New Orleans seeks The New Orleans City Council's approval to issue $150,000,000 in securitized bonds to replenish the Company's storm reserve, which was fully depleted following Hurricane Ida restoration efforts.
"Storm reserves allow Entergy New Orleans to access an important source of funding during a severe storm," said Deanna Rodriguez, Entergy New Orleans presi . . .