Why Entergy (ETR) Is Expanding Its Grid for Meta’s Data Center Boom

9 hours ago 1

Habib Ur Rehman

Tue, May 5, 2026 astatine 12:30 PM CDT 2 min read

Entergy Corporation (NYSE:ETR) is 1 of the utility stocks riding the 2026 “Reliability Shock.”

The latest applicable improvement came connected April 29, 2026, erstwhile Reuters reported that Entergy Corporation (NYSE:ETR) accrued its four-year superior spending program by astir 33% to $57 billion, mostly to grow vigor infrastructure for Meta’s information centers. The statement includes 7 caller earthy gas-fueled combined-cycle powerfulness plants totaling much than 5.2 gigawatts, adding a nonstop firm-power space to the AI electricity-demand story. Reuters besides said Entergy has different 7-12 GW of imaginable caller data-center customers funny successful connecting to its system.

The request is already showing up successful results. Entergy reported first-quarter 2026 net of $385 million, oregon $0.83 per share, compared with $361 million, oregon $0.82 per share, a twelvemonth earlier. Adjusted net roseate to $399 million, oregon $0.86 per share, from $361 million, oregon $0.82 per share. Reuters said weather-adjusted retail income roseate 6% from the anterior year, helped by higher concern usage from information centers, metallic producers, and proscription customers, portion concern income grew astir 15% to 15,895 gigawatt-hours.

Why Entergy (ETR) Is Expanding Its Grid for Meta’s Data Center Boom

Why Entergy (ETR) Is Expanding Its Grid for Meta’s Data Center Boom

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Entergy Corporation (NYSE:ETR) is simply a New Orleans-based inferior serving electrical customers crossed Arkansas, Louisiana, Mississippi, and Texas.

While we admit the imaginable of ETR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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