Tagged: entergy

Officials in New Orleans had been warned in the months leading up to the Super Bowl there may be a power problem at the Superdome. Now they're investigating what that problem might have been.

Entergy Corp. says its estimated damages from Hurricane Isaac range from $400 million to $500 million, and the storm is expected to reduce the utility's third-quarter revenue.

In a news release on Tuesday, Entergy said it will pursue all reasonable avenues to recover storm costs, including using its storm reserves, borrowing, additional charges for customers, and insurance.

Entergy said it is unable to predict the degree of success it may have in these initiatives, the amount of restoration costs it may recover or when it may recover them.

J. Wayne Leonard will retire Jan. 31 as chairman and chief executive officer of Entergy Corp., the parent company of major electric providers in Arkansas, Louisiana, Mississippi and Texas.

The corporation also announced Wednesday that Leo Denault, currently executive vice president and chief financial officer, will succeed Leonard.

Andrew Marsh, currently vice president for system planning, will succeed Denault.