Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 841

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 841
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 Arkansas has sufficient capacity under these tests to meet its foreseeable capital needs for the next twelve months and beyond.

Entergy Arkansas’s payables to the money pool were as follows as of December 31 for each of the following years.

2024202320222021(In Thousands)($15,190)($145,385)($180,795)($139,904)

See Note 4 to the financial statements for a description of the money pool.

Entergy Arkansas has a credit facility in the amount of $300 million scheduled to expire in June 2029.  Entergy Arkansas also has a $25 million credit facility scheduled to expire in April 2026.  The $300 million credit facility includes fronting commitments for the issuance of letters of credit against $5 million of the borrowing capacity of the facility.  As of December 31, 2024, there were no cash borrowings and no letters of credit outstanding under the credit facilities.  In addition, Entergy Arkansas is a party to an uncommitted letter of credit facility as a means to post collateral to support its obligations to MISO.  As of December 31, 2024, there were $18.1 million in letters of credit outstanding under Entergy Arkansas’s uncommitted letter of credit facility.  See Note 4 to the financial statements for further discussion of the credit facilities.

The Entergy Arkansas nuclear fuel company variable interest entity has a credit facility in the amount of $80 million scheduled to expire in June 2027.  As of December 31, 2024, there were $22.5 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 for further discussion of the nuclear fuel company variable interest entity credit facility.

Entergy Arkansas obtained authorization from the FERC through January 2027 for short-term borrowings not to exceed an aggregate amount of $250 million at any time outstanding and borrowings by its nuclear fuel company variable interest entity.  See Note 4 to the financial statements for further discussion of Entergy Arkansas’s short-term borrowing limits.  The long-term securities issuances of Entergy Arkansas are limited to amounts authorized by the FERC.  The APSC has concurrent jurisdiction over Entergy Arkansas’s first mortgage bond/secured issuances.  Entergy Arkansas has obtained long-term financing authorization from the FERC that extends through January 2027.  Entergy Arkansas has obtained first mortgage bond/secured financing authorization