Entergy named a top utility in economic development for 16th consecutive year

News Center > Entergy named a top utility in economic development for 16th consecutive year

For Immediate Release

10/19/2023

In 2022, Entergy Texas helped secure $16.6 billion in capital investments and created more than 2,500 new jobs in Texas

THE WOODLANDS, Texas – Building a brighter future for communities has been a longstanding commitment for Entergy, which is why the corporation is proud to be recognized by Site Selection magazine as a top utility for economic growth for 16 consecutive years.

Across its four-state territory, Entergy provides power to some of the largest and most power-intensive industries in the United States. In 2022, Entergy Texas helped secure $16.6 billion in capital investments and created more than 2,500 new jobs in Texas.

“Texas leads the nation with the fastest economic expansion, and we are proud to contribute to that growth by providing reliable, affordable and sustainable energy solutions that help the Lone Star State thrive,” said Eliecer Viamontes, president and CEO of Entergy Texas. “By investing and creating opportunities in the places we live and work, we are powering a brighter future for generations to come.”

Site Selection magazine determines each year’s honorees by assessing criteria including each utility’s job-creating infrastructure and facility investment trends, innovative programs and incentives for businesses and website tools and data.

Capital investments in Texas over the last 16 years represent a variety of industries and companies from around the world, including Chevron Phillips Chemical, Optimus Steel, Air Liquide and OCI Global. Entergy Texas’ communities and projects have been recognized by Site Selection Magazine, Area Development, Texas Economic Development Council and the International Economic Development Council for their work in bringing billions of dollars in investments and thousands of jobs to the State of Texas.

Companies continue to choose sites within Entergy Texas’ service area for access to superior infrastructure, access to markets and a business-friendly approach to economic development. 

Learn how Entergy Texas can power your business at GoEntergy.com.

About Entergy Texas
Entergy Texas, Inc. provides electricity to more than 500,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation, a Fortune 500 company headquartered in New Orleans. Entergy powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations. For the latest news from Entergy, visit the Newsroom.