Entergy Touts Contributions to Economic Development Projects
NEW ORLEANS – Entergy ’s Louisiana companies said they are continuing to partner with regional organizations to help the state, including the Greater New Orleans area, grow through economic development.
The company recently provided nearly $200,000 to the Greater New Orleans Inc. to help fund the organizations’ efforts to support workforce development, retain businesses in the region and attract new ones to the area.
“As we prepare our region’s economy to take advantage of opportunities created by the COVID-19 crisis, we are so proud to have Entergy’s continued commitment to strengthening economic development throughout the region and state. Entergy’s investment further boosts our ability to attract and retain businesses as we build a regional economy that works for everyone,” said Michael Hecht, president and CEO of GNO Inc.
“Helping bolster the local economy through business retention and job creation is critical during times like these, and it’s why we’re proud to support GNO Inc. and their efforts across Greater New Orleans,” said Seth Cureington, Entergy New Orleans economic development and technology innovation director.
Through their Business and Economic Development teams, Entergy New Orleans and Entergy Louisiana work with state, city and local government agencies, economic development organizations and community partners to support businesses from site selection to groundbreaking, including those operating at the national and global level.
To help businesses determine where to locate or expand, Entergy developed and maintains the Louisiana Site Selection Center, an online database of certified sites, or sites that are ready for development. The database includes details about shovel-ready land, including available utilities and transportation access. In the Greater New Orleans area in 2020, Entergy assisted Louisiana Economic Development (LED) in certifying the Cross Point Commercial Park in Tangipahoa Parish and adding it to the database. The company also helps market and promote sites like the former Avondale Shipyard, areas like Fat City and Opportunity Zones like the Spirit of Charity Innovation District through videos, some of which are used by regional organizations and local groups during webinars and other events.
To support site development, Entergy’s Louisiana companies provide in-depth research and analyses regarding workforce availability, construction and transportation, to name a few. To learn more about the services provided by the company’s business and economic development team, visit GoEntergy.com.
“Our team is dedicated to helping businesses looking to expand in or move to Louisiana,” said Perry Pertuit, Entergy Louisiana new business development manager. “Helping our state grow through economic development is what we do, and we’re proud to further that mission through strong governmental, regional and community partners like GNO, Inc. I thank them for helping us create a more vibrant economy, one that provides opportunities for our friends and neighbors where they live.”
Entergy said it has participated in 173 announced economic development projects in Louisiana over the last decade. These total nearly $101 billion in capital investments and created approximately 21,280 new direct jobs, the company said.