Entergy said it entered into a First Amendment to its Equity Distribution Sales Agreement on May 6, 2024 that increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,000,000,000.

1. 01

   Entergy said it entered into a First Amendment to its Equity Distribution Sales Agreement on May 6, 2024 that increased the aggregate gross sales price authorized under its at-the-market equity distribution program by $1,000,000,000.

2. 02

   The company said that, after giving effect to prior sales and the increase, common stock with an aggregate gross sales price of $1,361,336,918 remains available for issuance under the program.

3. 03

   The company said it currently expects to issue approximately $1.4 billion of equity under the program through 2026, including approximately $430 million under previously executed forward sale agreements.

4. 04

   The company said it added 5 additional sales agents, including BNP Paribas Securities Corp., and 5 additional forward purchasers, including BNP Paribas, as parties to the agreement, and that it entered into a Master Forward Confirmation with each additional forward purchaser on May 6, 2024.

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Original filing

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