Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 137

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 4
Chunk 137
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 ended September 30, 2024 primarily due to:

•the initial payment of approximately $307.7 million in August 2024 for the purchase of the Driver Solar facility;

•the initial and substantial completion payments totaling approximately $185.5 million in 2024 for the purchase of the Walnut Bend Solar facility;

•the initial payment of approximately $48.4 million in August 2024 for the purchase of the West Memphis Solar facility;

•a decrease in cash used of $47.6 million as a result of fluctuations in nuclear fuel activity due to variations from year to year in the timing and pricing of fuel reload requirements, materials and services deliveries, and the timing of cash payments during the nuclear fuel cycle;

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Table of ContentsEntergy Arkansas, LLC and SubsidiariesManagement’s Financial Discussion and Analysis

•a decrease of $32.8 million in transmission construction expenditures primarily due to decreased spending on various transmission projects in 2025; and

•a decrease of $20.9 million in information technology capital expenditures primarily due to decreased spending on technology upgrade projects in 2025.

The decrease was partially offset by:

•an increase of $137.3 million in non-nuclear generation construction expenditures primarily due to higher spending on the Ironwood Power Station (formerly Lake Catherine Unit 5) project;

•an increase of $70 million in distribution construction expenditures primarily due to higher capital expenditures for storm restoration in 2025; and

•money pool activity.

Increases in Entergy Arkansas’s receivable from the money pool are a use of cash flow, and Entergy Arkansas’s receivable from the money pool increased $120.3 million for the nine months ended September 30, 2025 compared to increasing by $65.8 million for the nine months ended September 30, 2024.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and other borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.

See Note 14 to the financial statements in the Form 10-K for discussion of the Driver Solar facility, the Walnut Bend Solar facility, and the West Memphis Solar facility purchases.

Financing Activities

Net cash flow provided by financing activities decreased $765.4 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to:

•the issuances of $400 million of