Sempra Infrastructure and Entergy Texas have signed a memorandum of understanding (MOU) aimed at accelerating the deployment of renewable energy resources in Southeast Texas. The agreement focuses on developing a renewable electricity plan to enhance power supply resiliency and sustainability goals for both companies. Entergy Texas plans to invest over $2.5 billion by 2024 to promote cleaner energy solutions, including a 20-year power purchase agreement for 150 megawatts of solar energy. This MOU is part of Sempra's broader efforts to integrate renewable energy into its projects across North America.
The board of Entergy Texas, Inc. has declared a quarterly dividend of $0.3359375 per share on its Series A Preferred Stock. This dividend is payable on July 15, 2022, to shareholders who are on record as of July 1, 2022. Entergy Texas serves over 486,000 customers across 27 counties, and is a subsidiary of Entergy Corporation (NYSE: ETR), offering diverse energy solutions and committing to a cleaner energy future.