trending Market Intelligence /marketintelligence/en/news-insights/trending/j-rmd2mh_qwxebidrlsvwa2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Entergy Mississippi to pursue multi-step restructuring plan

Essential Energy Insights - May 14, 2020

Credit Risk: Identifying Early Warning Signals In The Oil And Gas Industry

Stress Testing Energy Companies in the Current Environment

Infographic Solar Power by the Numbers The US Canada and Mexico


Entergy Mississippi to pursue multi-step restructuring plan

Entergy Mississippi Inc. filed a multistep restructuring plan with the Mississippi Public Service Commission that would see the Entergy Corp. utility convert to a Texas corporation from a Mississippi corporation, according to a Form 8-K filing.

As part of the plan, Entergy Mississippi will transfer substantially all of its assets and liabilities to a newly formed entity, dubbed Entergy Mississippi Power and Light LLC, and contribute its membership stake in the new entity to Entergy Utility Holding Co. LLC.

The company also will redeem all of its outstanding preferred stock at an aggregate redemption price of approximately $21.2 million, including call premiums, and accumulated and unpaid dividends, according to the filing.

Entergy Mississippi will be renamed Entergy Utility Enterprises Inc. and Entergy Mississippi Power and Light will be rebranded Entergy Mississippi LLC.

The reorganization is subject to approvals of the Mississippi PSC, the Federal Energy Regulatory Commission and the U.S. Nuclear Regulatory Commission. The company expects to complete the restructuring by Dec. 1.