Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 161

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 4
Chunk 161
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 deliveries, and the timing of cash payments during the nuclear fuel cycle;

•money pool activity;

•payments totaling $41.4 million to Entergy Texas for the transfer of assets related to the Segno Solar and Votaw Solar facilities to Entergy Louisiana in third quarter 2025.  See “Uses and Sources of Capital - Segno Solar and Votaw Solar” below for further discussion of the facilities and transfer; and

•cash collateral of $37 million posted in 2025 to support Entergy Louisiana’s obligations to MISO.

The increase was partially offset by the receipt of $203 million in proceeds from the sale of the natural gas distribution business on July 1, 2025 and the receipt of $33.5 million from the storm reserve escrow account in 2025.  See Note 13 to the financial statements herein for discussion of the sale of Entergy Louisiana’s natural gas distribution business on July 1, 2025.  See Note 2 to the financial statements herein for a discussion of the storm reserve funds.

Increases in Entergy Louisiana’s receivable from the money pool are a use of cash flow, and Entergy Louisiana’s receivable from the money pool increased $64.8 million for the nine months ended September 30, 2025 compared to increasing by $10.5 million for the nine months ended September 30, 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 provided $308 million of cash for the nine months ended September 30, 2025 compared to using $340.5 million of cash for the nine months ended September 30, 2024 primarily due to the following activity:

•the repayment, prior to maturity, of $1 billion of 0.95% Series mortgage bonds in August 2024;

•the issuance of $750 million of 5.80% Series mortgage bonds in January 2025;

•the repayment, prior to maturity, of $400 million of 5.40% Series mortgage bonds in April 2024;

•an increase of $306.5 million in net customer advances for construction related to transmission, distribution, and generator interconnection agreements;

•a decrease of $117.9 million in common equity distributions paid in 202