Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 141

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 4
Chunk 141
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 2027.  As of September 30, 2025, there were $24.1 million in loans outstanding under the credit facility for the Entergy Arkansas nuclear fuel company variable interest entity.  See Note 4 to the financial statements herein for discussion of the nuclear fuel company variable interest entity credit facility.

Ironwood Power Station

As discussed in the Form 10-K, in November 2024, Entergy Arkansas filed an application with the APSC seeking a certificate of environmental compatibility and public need for the construction and operation of Ironwood Power Station (formerly Lake Catherine Unit 5), a 446 MW hydrogen-capable simple-cycle natural gas combustion turbine facility to be located at the existing Lake Catherine facility site in Hot Spring County, Arkansas.  In December 2024 other parties, including the APSC general staff, filed testimony opposing the resource, although the APSC general staff recognized the capacity need for the resource.  Entergy Arkansas filed testimony in January 2025 further supporting its application, and in February 2025 the opposing parties filed responsive rebuttal testimony continuing to dispute the estimated costs and to dispute that Entergy Arkansas performed a market solicitation sufficient to demonstrate that this resource is the most reasonable option for customers.  Also in February 2025, Entergy Arkansas filed surrebuttal testimony responding to the opposing parties’ testimony.  A hearing was held in March 2025, and in April 2025 the APSC issued an order approving certification of the facility.  The order also provided a presumption of prudence finding with respect to a benchmark project cost.  In May 2025, Entergy Arkansas filed a motion for clarification concerning the appropriate calculation of the benchmark that was below the estimated cost of Ironwood Power Station and was based upon older technology and dated pricing.  Entergy Arkansas will have the opportunity to later present all actual costs to the APSC for review and a prudence determination of final costs, including costs incremental to the benchmark.  Entergy Arkansas proposes to recover the costs of constructing Ironwood Power Station through the Generating Arkansas Jobs Act rider, which was approved by the APSC in October 2025.  The facility is expected to be in service by the end of 2028.

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

Jefferson Power Station

In August 2025, Entergy Arkansas filed an application with the APSC seeking a certificate of environmental compatibility and public need for the construction and operation