Entergy and NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc., announced a joint development agreement that will accelerate the development of up to 4.5 gigawatts (GW) of new solar generation and energy storage projects.
“We are excited about this joint development agreement, which will enable Entergy to provide low-cost, renewable energy to our customers as demand grows in Arkansas, Louisiana, Mississippi and Texas,” said Rod West, group president of utility operations for Entergy.
“We believe the energy sector is at an inflection point, and that growing demand for electricity will be met by low-cost, renewable generation and storage,” said Rebecca Kujawa, president and chief executive officer of NextEra Energy Resources. “We are pleased to reach this agreement, which further strengthens our long-standing relationship and adds up to 4.5 GW to the more than 1.7 GW of renewable energy projects already underway with Entergy.”