Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 218

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 218
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 and pricing of fuel reload requirements, materials and services deliveries, and the timing of cash payments during the nuclear fuel cycle;

•a decrease of $187.2 million in nuclear construction expenditures primarily due to decreased spending on various nuclear projects in 2024;

•an increase of $114.2 million in redemptions of the preferred membership interests held by the storm trusts in 2024 as compared to 2023, as part of periodic redemptions that are expected to occur, subject to certain conditions, for the preferred membership interests that were issued in connection with the storm cost securitizations.  See Note 2 to the financial statements for a discussion of the storm cost securitizations;

•a decrease of $18.9 million in information technology capital expenditures primarily due to decreased spending on various technology projects in 2024; and

•a decrease of $18.8 million in capital expenditures for distributed generation under Entergy Louisiana’s distributed generation program.

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

The decrease was partially offset by:

•an increase of $176.8 million in distribution construction expenditures primarily due to increased investment in the resilience of the distribution system and higher capital expenditures for storm restoration in 2024.  The increase in storm restoration expenditures is primarily due to Hurricane Francine restoration efforts in 2024;

•an increase of $62.8 million in non-nuclear generation construction expenditures primarily due to higher spending on new generation resources in north Louisiana and the Sterlington solar project;

•payments to storm reserve escrow accounts of $12.9 million in 2024 as compared to net receipts from storm reserve escrow accounts of $49.6 million in 2023; and

•money pool activity.

Increases in Entergy Louisiana’s receivables from the money pool are a use of cash flow, and Entergy Louisiana’s receivable from the money pool increased $32.7 million in 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.

Financing Activities

Entergy Louisiana’s financing activities used $411.1 million of cash in 2024 as compared to providing $953.5 million of cash in 2023 primarily due to the following activity:

•proceeds from securitization of $