traded as nyse etr s & p 500 component industry energy industry founded 1913 1 headquarters entergy tower new orleans louisiana united states key people leo denault ceo services electricity and natural gas in new orleans and baton rouge revenue us 11.4 billion 2013 2 operating income us 1.4 billion 2013 net income us 712 million 2013 total assets us 43.4 billion 2013 3 total equity us 9.7 billion 2013 number of employees 14 000 website http entergy.com entergy corp. is an integrated energy company engaged primarily in electric power production and retail distribution operations in the deep south of the united states . it is headquartered in the central business district of new orleans louisiana . 4 contents 1 history 2 subsidiaries 3 former subsidiary company logos 4 operations 5 see also 6 references 7 external links history edit entergy traces its history to november 13 1913 with the formation of arkansas power company . founder harvey c. couch used sawdust from a lumber company to bring electricity to rural arkansas . in the 1920s couch set his sights on buying electric companies in other states . in 1923 he merged four independent companies in mississippi into mississippi power and light . two years later he formed louisiana power and light to provide power to his mississippi customers from northern louisiana s natural gas fields . 1 meanwhile in 1922 sidney mitchel of electric bond and share company ebasco a subsidiary of general electric had merged several competing electric utilities in new orleans into new orleans public service an ebasco subsidiary . mitchel began turning his attention to other territories and eventually began competing with couch . the two men ultimately decided to merge their resources . in 1925 electric power and light corporation an ebasco subsidiary headquartered in new orleans was formed with couch as its president . it was the parent company for mississippi power and light louisiana power and light new orleans public service and arkansas power and light . 1 ebasco was ordered dissolved in 1949 under the provisions of the public utility holding company act . mississippi power and light louisiana power and light new orleans public service and arkansas power and light were deemed to be an integrated system and were reorganized under the control of a new holding company middle south utilities . 1 it changed its name to entergy in 1989 and merged bought gulf states utilities based in beaumont texas as of 12 00 midnight january 1 1994 . since its inception entergy has been headquartered in new orleans . that city had also been home to entergy s various corporate predecessors since 1925 . after hurricane katrina hit the city of new orleans in august 2005 entergy temporarily relocated the 1 500 employees and contractors who worked at the headquarters to other cities including clinton mississippi little rock arkansas and the woodlands texas . in april 2006 the company began moving back into its new orleans headquarters . 5 subsidiaries edit entergy arkansas formerly arkansas power and light company ap & l entergy gulf states louisiana formerly gulf states utilities gsu entergy louisiana formerly louisiana power and light company lp & l entergy new orleans formerly new orleans public service inc. nopsi entergy nuclear entergy mississippi formerly mississippi power and light company mp & l entergy texas formerly gulf states utilities gsu former subsidiary company logos edit prior to the use of the current entergy logo shown in the summary box at the upper right of this page each subsidiary had its own distinctive logo . upon the renaming of the company from middle south utilities system to entergy the present logo was adopted . louisiana power and light company for example today s entergy louisiana used this logo shown at right extensively from about 1967 to 1989 on buildings equipment and advertising lp & l logo 1967 1989 operations edit entergy s service territory includes the southeast corner of louisiana and the cities of lafayette and baton rouge the eastern three fourths of arkansas and the western half of mississippi . it also includes part of southeastern texas including the beaumont port arthur orange and conroe woodlands kingwood areas . a member of the fortune 500 entergy owns and operates power plants with approximately 30 000 megawatts of electric generating capacity and it is the second largest nuclear generator in the united states after exelon corporation . it had annual revenues of more than 11 billion in 2010 and approximately 15 000 employees . 6 entergy s main operating segments consist of the u.s. utility segment and the non utility nuclear segment . the u.s. utility segment provides retail electricity services to approximately 2.7 million customers in arkansas louisiana mississippi and texas . the non utility nuclear segment operates a total of ten nuclear power plants new york indian point energy center and fitzpatrick massachusetts pilgrim scheduled for closing in 2019 vermont vermont yankee scheduled for decommission beginning in 2015 7 michigan palisades nuclear station arkansas arkansas nuclear one louisiana river bend and waterford mississippi grand gulf nebraska support services for the cooper nuclear station through 2014 the company also announced that it plans to obtain a license for a new reactor at its river bend site although the company has not decided whether to build it . the company s nuclear division is headquartered in jackson mississippi . entergy operates more than 41 plants using natural gas nuclear coal oil and hydroelectric power with approximately 30 000 megawatts of electric generating capacity to serve its 2.7 million customers in the gulf south . 8 its extensive transmission system carries approximately 23 000 megawatts of power across more than 15 500 miles 24 900 km of interconnected lines within a 112 000 square mile 290 000 km2 area . 9 entergy is the only u.s. utility to make the dow jones sustainability index djsi nine years in a row . the djsi is a listing of the companies whose overall environmental social and economic sustainability performance scores were in the top 10 percent for their sector . 10 11 entergy was named in 2008 to forbes list of america s most trustworthy companies a ranking based on corporate governance practices and accounting transparency . 12 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 13 to have its license renewed for another 20 years . the vote will not affect current operation of the plant and the issue could be revisited by the legislature in either a special session later in 2010 or in its next regular session in 2011 . entergy texas operates as a wholly owned subsidiary . this was done to prepare the texas side for de regulation under texas law but later entergy notified the texas puc it would not be splitting the texas side off as a de regulated operation to do so would cost billions . so the texas side has remained connected to the rest of the entergy network though it has its own ceo and until 2012 was based where the former gulf states utilities was in beaumont texas . entergy texas has moved to the rapidly developing area of the woodlands which is now larger population wise than the beaumont area . paul hinnenkamp was named chief operating officer and senior vice president in november 2015 . he replaced mark savoff who announced his retirement a few months earlier . 14 see also edit arkansas power and light building now known as the entergy building new orleans portal companies portal references edit a b c d entergy turns 100 entergy etr annual sec income statement filing via wikinvest entergy etr annual sec balance sheet filing via wikinvest entergy corporation . ny times . retrieved 15 january 2016 . entergy corporate headquarters return to new orleans . entergy . april 20 2006 . retrieved on january 21 2010 . 1 http www.nytimes.com 2015 01 05 us vermont yankee nuclear plant begins slow process of closing.html mabreward ctm entergy operations information entergy transmission dow jones corporate sustainability entergy s 2009 sustainability report forbes most trustworthy large cap companies http www.safecleanreliable.com entergy names hinnenkamp as new coo . electric light & power . retrieved 9 november 2015 . external links edit entergy corp. energy star retrieved from https en.wikipedia.org w index.php title entergy & oldid 743576613 categories companies based in new orleanspower companies of the united statesnatural gas companies of the united statescompanies listed on the new york stock exchangenatural gas pipeline companiesnuclear power companies of the united stateshydroelectric power companies of the united statesentergyhidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate 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