Update: Market Chatter: Entergy in Talks With Tech Companies on Big Data Centers in Louisiana

MT Newswires Live
Oct 08

(Updates with Entergy's response in the second and third paragraphs.)

Entergy (ETR) said multiple technology companies are looking to build large data centers in northern Louisiana after Meta Platforms (META) announced intentions to build its largest AI-focused facility there, Bloomberg reported Monday, citing Entergy Louisiana Chief Executive Officer Phillip May.

The company said in an emailed statement that it considers Arkansas, Louisiana, Mississippi, and Texas "an attractive economic hub" with various advanates.

"While we don't have any new customer announcements today, we are in regular and ongoing discussions with companies that are seeking to move to and grow in our region," the company said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10