Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 191

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 7
Chunk 191
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 Entergy Mississippi, Entergy New Orleans, Entergy Texas, and System Energy have FERC-authorized short-term borrowing limits effective through January 2027.  In addition to borrowings from commercial banks, these companies may also borrow from the Entergy system money pool and from other internal short-term borrowing arrangements.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and the other internal borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.  Borrowings from internal and external short-term borrowings combined may not exceed the FERC-authorized limits.  The following are the FERC-authorized limits for short-term borrowings and the outstanding short-term borrowings as of March 31, 2025 (aggregating both internal and external short-term borrowings) for the Registrant Subsidiaries: AuthorizedBorrowings (In Millions)Entergy Arkansas$250$—Entergy Louisiana $450 $—Entergy Mississippi$200$—Entergy New Orleans$150$—Entergy Texas$200$—System Energy$200$—

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Table of ContentsEntergy Corporation and SubsidiariesNotes to Financial Statements

Variable Interest Entities (Entergy Corporation, Entergy Arkansas, Entergy Louisiana, and System Energy)See Note 17 to the financial statements in the Form 10-K for a discussion of the consolidation of the nuclear fuel company variable interest entities (VIEs).  To finance the acquisition and ownership of nuclear fuel, the nuclear fuel company VIEs have credit facilities and three of the four VIEs also issue commercial paper, details of which follow as of March 31, 2025:CompanyExpirationDate AmountofFacilityWeighted- Average Interest Rate on Borrowings (a)AmountOutstanding as ofMarch 31, 2025(Dollars in Millions)Entergy Arkansas VIEJune 2027$805.44%$5.4Entergy Louisiana River Bend VIEJune 2027$1055.43%$72.3Entergy Louisiana Waterford VIEJune 2027$1055.43%$65.3System Energy VIEJune 2027$1205.43%$58.9(a)Includes letter of credit fees and bank fronting fees on commercial paper issuances by the nuclear fuel company VIEs for Entergy Arkansas,