Friday, Entergy Corp. (ETR) disclosed a five-year partnership with NextEra Energy Inc.'s (NEE) a unit of NextEra Energy Resources LLC, to speed up the development of up to 4.5 gigawatts of new solar generation and energy storage projects.
Rod West, group president of utility operations for Entergy commented, "We're excited about this joint development agreement, which will enable Entergy to provide our customers with low-cost, renewable energy as demand grows across Arkansas, Louisiana, Mississippi and Texas."
This collaboration builds upon NextEra's existing partnership with Entergy in renewable energy projects to complement the ongoing 1.7 GW already in progress.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.