Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 373

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 373
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, Entergy Louisiana, Entergy Mississippi, Entergy New Orleans, and Entergy Texas each has an uncommitted standby letter of credit facility as a means to post collateral to support their obligations to MISO and for other purposes.  The following is a summary of the uncommitted standby letter of credit facilities as of December 31, 2024:

CompanyAmount of Uncommitted FacilityLetter of Credit FeeLetters of Credit Issued as of December 31, 2024(a) (b)Entergy Arkansas$25 million0.78%$18.1 millionEntergy Louisiana$125 million0.78%$46.2 millionEntergy Mississippi$65 million0.78%$33.1 millionEntergy New Orleans$1 million1.625%$0.5 millionEntergy Texas$150 million1.250%$93.4 million

(a)As of December 31, 2024, letters of credit posted with MISO covered financial transmission rights exposure of $0.5 million for Entergy Arkansas, $0.1 million for Entergy Louisiana, $0.8 million for Entergy Mississippi, $0.1 million for Entergy New Orleans, and $0.3 million for Entergy Texas.  See Note 15 to the financial statements for discussion of financial transmission rights.

(b)As of December 31, 2024, the letters of credit issued for Entergy Mississippi include $31.8 million in MISO letters of credit and $1.3 million in non-MISO letters of credit outstanding under this facility.

12

Table of ContentsEntergy Corporation and SubsidiariesManagement’s Financial Discussion and Analysis

Finance lease obligations are a minimal part of Entergy’s overall capital structure.  Following are Entergy’s payment obligations under those leases.

 2025202620272028-2029after 2029 (In Millions)Finance lease payments$24$22$20$30$55

Finance leases are discussed in Note 10 to the financial statements.

Operating Lease Obligations and Guarantees of Unconsolidated Obligations

Entergy has a minimal amount of operating lease obligations and guarantees in support of unconsolidated obligations.  Entergy’s guarantees in support of unconsolidated obligations are not likely to have a material effect on Entergy’s financial condition, results of operations, or cash flows.  Following are Entergy’s payment obligations as of December 31, 2024