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Entergy logoEntergy ETR

The company said on February 18, 2025 that its notice under the Sales Agreement increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,500,000,000.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said on February 18, 2025 that its notice under the Sales Agreement increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,500,000,000.

  2. It said that after giving effect to the increase and prior sales, common stock with an aggregate gross sales price of $1,890,198,698 remains available for issuance under the program.

  3. Entergy said it expects to issue about $4.7 billion of equity through 2028 under the program or otherwise, as previously disclosed in its Form 10-K for the year ended December 31, 2024, including about $1.4 billion under previously executed forward sales agreements.

  4. The company said it has no obligation to offer or sell any common stock under the Sales Agreement and may suspend offers at any time. It also said the offering is being made under Form S-3 (No. 333-233403), which became effective upon filing, and the prospectus supplement dated February 20, 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Entergy raises at-the-market equity program limit by $1,500,000,000

The company said on February 18, 2025 that its notice under the Sales Agreement increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,500,000,000.

Source · Based on the filing body and exhibits

Remaining capacity under equity program at $1,890,198,698

It said that after giving effect to the increase and prior sales, common stock with an aggregate gross sales price of $1,890,198,698 remains available for issuance under the program.

Source · Based on the filing body and exhibits

Entergy expects to issue about $4.7 billion in equity through 2028

Entergy said it expects to issue about $4.7 billion of equity through 2028 under the program or otherwise, as previously disclosed in its Form 10-K for the year ended December 31, 2024, including about $1.4 billion under previously executed forward sales agreements.

Source · Based on the filing body and exhibits

No obligation to sell common stock; Form S-3 registration basis

The company said it has no obligation to offer or sell any common stock under the Sales Agreement and may suspend offers at any time. It also said the offering is being made under Form S-3 (No. 333-233403), which became effective upon filing, and the prospectus supplement dated February 20, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.