{"slug":"entergy","name":"엔터지","name_en":"Entergy","ticker":"ETR","updated_at":"2026-09-11T23:08:38.266591+00:00","canonical":"https://valuechain.wiki/entergy","citable":"밸류체인 그래프 기준 엔터지의 직접 연결 기업은 3곳(관계 기준 공급 1·매출 2)이고, 사슬을 2차까지 넓히면 10곳에 닿는다. 링크의 근거 출처는 7건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-09-11 기준).","citable_en":"Per the valuechain.wiki graph, Entergy is directly linked to 3 companies (1 supply, 2 revenue relationships) and reaches 10 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-09-11).","kicker":"미 남부 규제 전력","kicker_en":"Regulated power utility in the U.S. South","lead":"엔터지는 미국 아칸소·루이지애나·미시시피·텍사스의 규제 전력 고객에게 전기를 판매해 돈을 번다. 발전소와 송배전망에 자본을 투입하고, 외부 발전사업자에게 장기 전력구매계약 대금을 지급한다. 데이터센터 전력 수요가 신규 발전·송전 투자의 중요한 동력이 되고 있다.","lead_en":"Entergy earns revenue by selling electricity to regulated utility customers in Arkansas, Louisiana, Mississippi and Texas. It invests in generation and transmission and distribution networks while paying third-party generators under long-term power purchase agreements. Data-center load is becoming an important driver of new generation and grid investment.","categories":[{"key":"regulated-grid-utilities","ko":"규제 유틸리티·전력망 운영","en":"Regulated Utilities & Grid Operators","theme":"power-grid","theme_ko":"전력·그리드","theme_en":"Power & Grid","theme_kind":"chain","primary":true},{"key":"nuclear-power-cycle","ko":"원전 밸류체인","en":"Nuclear Power Value Chain","theme":"power-grid","theme_ko":"전력·그리드","theme_en":"Power & Grid","theme_kind":"chain","primary":false}],"segments":{"parts":[{"name":"유틸리티","note":"아칸소·루이지애나·미시시피·텍사스와 뉴올리언스에서 전력 발전·송전·배전·판매를 수행하는 단일 보고부문"}],"total":"FY2025 매출 129억4,668만6천달러","track":"C"},"segments_en":{"parts":[{"name":"Utility","note":"The single reportable segment covering electric generation, transmission, distribution and sales in Arkansas, Louisiana, Mississippi, Texas and New Orleans"}],"total":"FY2025 revenue: $12.946686 billion"},"returns_yearly":{"2021":17.1,"2022":3.6,"2023":-6.1,"2024":56,"2025":25.3,"2026":13.2},"return_asof":"2026-10-09","value_chain":{"leading":[{"slug":"amazon","name":"아마존","name_en":"Amazon","tier":3,"returns_yearly":{"2021":2.4,"2022":-49.6,"2023":80.9,"2024":44.4,"2025":5.2,"2026":12}},{"slug":"dollar-general","name":"달러 제너럴","name_en":"Dollar General Corporation","tier":3,"returns_yearly":{"2021":13,"2022":5.6,"2023":-44.1,"2024":-43.1,"2025":79.6,"2026":1.8}},{"slug":"walmart","name":"Walmart Inc","name_en":"Walmart Inc","tier":3,"returns_yearly":{"2021":2,"2022":-0.5,"2023":12.9,"2024":74,"2025":24.5,"2026":0.6}},{"slug":"procter-gamble","name":"Procter & Gamble","name_en":"Procter & Gamble","tier":2,"returns_yearly":{"2021":20.5,"2022":-5,"2023":-0.9,"2024":17.3,"2025":-12.3,"2026":4.5}},{"slug":"omnicom-group","name":"옴니콤 그룹","name_en":"Omnicom Group Inc.","tier":2,"returns_yearly":{"2021":21.9,"2022":15.7,"2023":9.6,"2024":2.5,"2025":-2.6,"2026":4.4}},{"slug":"meta","name":"메타 플랫폼스","name_en":"Meta Platforms","tier":1,"returns_yearly":{"2021":23.1,"2022":-64.2,"2023":194.1,"2024":66,"2025":13.1,"2026":-6.4}}],"benefiting":[{"slug":"nextera-energy","name":"NextEra Energy","name_en":"NextEra Energy","tier":1,"returns_yearly":{"2021":23.4,"2022":-8.5,"2023":-25.3,"2024":21.5,"2025":15.5,"2026":6.2}},{"slug":"ge-vernova","name":"GE Vernova","name_en":"GE Vernova","tier":2,"returns_yearly":{"2025":99,"2026":54}},{"slug":"quanta-services","name":"Quanta Services","name_en":"Quanta Services","tier":2,"returns_yearly":{"2021":59.5,"2022":24.6,"2023":51.7,"2024":46.6,"2025":33.7,"2026":48}},{"slug":"williams","name":"Williams","name_en":"Williams Companies","tier":2,"returns_yearly":{"2021":38.4,"2022":32.8,"2023":11.9,"2024":62.3,"2025":14.9,"2026":25.2}},{"slug":"cameco","name":"Cameco","name_en":"Cameco","tier":2,"returns_yearly":{"2021":63.2,"2022":4.3,"2023":90.5,"2024":19.5,"2025":78.4,"2026":-3.7}},{"slug":"first-solar","name":"퍼스트 솔라","name_en":"First Solar","tier":2,"returns_yearly":{"2021":-11.9,"2022":71.9,"2023":15,"2024":2.3,"2025":48.2,"2026":-21.7}},{"slug":"air-liquide","name":"Air Liquide","name_en":"Air Liquide","tier":3,"returns_yearly":{"2021":14.3,"2022":8.1,"2023":21.1,"2024":8.7,"2025":-4.6,"2026":20.7}},{"slug":"firstenergy","name":"퍼스트에너지","name_en":"FirstEnergy","tier":3,"returns_yearly":{"2021":41.8,"2022":4.8,"2023":-8.9,"2024":13.2,"2025":17.3,"2026":3.5}},{"slug":"workday","name":"워크데이","name_en":"Workday, Inc.","tier":3,"returns_yearly":{"2021":14,"2022":-38.7,"2023":65,"2024":-6.5,"2025":-16.8,"2026":-8.8}},{"slug":"d-wave","name":"D-Wave Quantum","name_en":"D-Wave Quantum","tier":3,"returns_yearly":{"2022":-85.3,"2023":-38.9,"2024":854.5,"2025":211.3,"2026":-44.3}}],"analysis":"미 남부 규제 전력 기업. 2026년 +18.2%다. 수요단(평균 +2.8%)·본주(+18.2%)·공급단(평균 +6.2%)이 비슷한 보폭이다. 전파가 한 바퀴 돈 동조 국면이라, 다음 구간은 사슬 방향보다 개별 실적이 가른다. 연결 노드 중 가장 앞선 곳은 아마존(+12%), 가장 처진 곳은 메타 플랫폼스(-6.4%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"Entergy operates across Regulated power utility in the U.S. South. It is +18.2% in 2026. Demand side (avg +2.8%), the stock (+18.2%) and supply side (avg +6.2%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Amazon (+12%) and the furthest behind is Meta Platforms (-6.4%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Data-center load is becoming an important driver of new generation and grid investment.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investment","counterparty":"Cottonwood Energy Company LP","counterparty_slug":null,"confidence":"high","metric":{"type":"contract_value","unit":"USD","as_of":"2026-02-19","basis":"Cottonwood 발전소 인수 신청에 기재된 약정 매입가","value":1500000000,"period":"Proposed Cottonwood Generation Facility acquisition","basis_en":"Approximate purchase price stated for the proposed Cottonwood acquisition","qualifier":"pending_regulatory_approval"},"note":"엔터지 루이지애나는 Cottonwood Energy Company LP로부터 텍사스의 1,263MW Cottonwood 복합화력발전소를 인수하기 위해 규제 승인을 신청했다. 공시된 매입가는 약 15억달러이며 거래는 아직 승인 절차에 있다.","note_en":"Entergy Louisiana applied for regulatory approval to acquire the 1,263 MW Cottonwood combined-cycle plant in Texas from Cottonwood Energy Company LP. The disclosed purchase price is approximately $1.5 billion, and the transaction remains subject to approval.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-19","url":"https://www.sec.gov/Archives/edgar/data/65984/000006598426000174/etr-20251231.htm","title":"ENTERGY CORP /DE/ 10-K (2026-02-19)","title_en":"ENTERGY CORP /DE/ 10-K (2026-02-19)","excerpt":"Cottonwood 인수 비용에는 약 15억달러의 매입가가 포함된다고 공시했다.","excerpt_en":"costs of the acquisition, including the approximately $1.5 billion purchase price"},{"stance":"confirms","publisher":"루이지애나 공공서비스위원회","publisher_en":"Louisiana Public Service Commission","kind":"filing","lang":"en","published_at":"2026-01-06","url":"https://www.lpsc.louisiana.gov/docs/RFP/RFP-25-18-UPC.pdf","title":"LPSC RFP 25-18 외부 자문 제안서","title_en":"Response to Louisiana Public Service Commission Request for Proposals 25-18","excerpt":"엔터지 루이지애나는 Cottonwood Energy Company LP로부터 1,263MW Cottonwood 발전소를 인수하는 승인을 신청했다.","excerpt_en":"seeking the Commission's approval to acquire the Cottonwood Generating Facility ... from Cottonwood Energy Company LP"}]},{"direction":"revenue","counterparty":"메타 플랫폼스","counterparty_slug":"meta","confidence":"high","metric":{"type":"capacity","unit":"MW","as_of":"2026-02-19","basis":"메타 데이터센터 지원용 신규 복합화력 3기의 합계 발전용량","value":2262,"period":"Meta data-center service plan approved in 2025","basis_en":"Combined capacity of three new combined-cycle plants supporting Meta's data center","qualifier":null},"note":"엔터지 루이지애나는 메타의 루이지애나 북부 데이터센터에 전력을 공급하는 서비스 계약을 체결했다. 규제 당국은 데이터센터 지원용 복합화력 3기와 송전 설비를 승인했으며, 신규 발전설비의 합계 용량은 2,262MW다.","note_en":"Entergy Louisiana executed an electric service agreement for Meta's northern Louisiana data center. Regulators approved three combined-cycle plants and related transmission infrastructure, with the new generation totaling 2,262 MW.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-19","url":"https://www.sec.gov/Archives/edgar/data/65984/000006598426000174/etr-20251231.htm","title":"ENTERGY CORP /DE/ 10-K (2026-02-19)","title_en":"ENTERGY CORP /DE/ 10-K (2026-02-19)","excerpt":"메타 플랫폼스 자회사가 개발할 신규 데이터센터에 대해 전력서비스 계약이 체결됐다고 공시했다.","excerpt_en":"a new data center to be developed by a subsidiary of Meta Platforms, Inc. ... for which an electric service agreement has been executed"},{"stance":"confirms","publisher":"에너지경제연구원","publisher_en":"Korea Energy Economics Institute","kind":"research","lang":"ko","published_at":"2025-12-31","url":"https://www.keei.re.kr/boardDownload.es?bid=0001&list_no=127044&seq=1","title":"AI 시대 데이터센터 증가의 국내 에너지 소비 시사점","title_en":"Implications for Korea's Energy Consumption from the Increase in Data Centers in the AI Era","excerpt":"루이지애나주의 엔터지 루이지애나는 Meta에 전력을 신규 공급하기 위해 2GW 이상의 추가 가스 발전소 건설을 계획하고 있다.","excerpt_en":"Entergy Louisiana plans more than 2 GW of additional gas-fired generation to supply new electricity to Meta."},{"stance":"confirms","publisher":"엔터지","publisher_en":"Entergy","kind":"ir","lang":"en","published_at":"2025-08-20","url":"https://www.entergy.com/news/entergy-louisiana-receives-lpsc-approval-for-major-infrastructure-investments-to-support-metas-data-center-and-improve-reliability","title":"엔터지 루이지애나, 메타 데이터센터 지원 인프라 투자 승인 획득","title_en":"Entergy Louisiana receives LPSC approval for major infrastructure investments to support Meta's data center and improve reliability","excerpt":"루이지애나 공공서비스위원회 승인을 통해 복합화력 3기와 메타 데이터센터용 송전 설비를 건설할 수 있게 됐다.","excerpt_en":"Entergy Louisiana will build several new transmission facilities to serve Meta's data center."}]},{"direction":"cost","counterparty":"NextEra Energy","counterparty_slug":"nextera-energy","confidence":"mid","metric":{"type":"capacity","unit":"MW","as_of":"2023-03-03","basis":"NextEra Energy Resources 계열 Coastal Prairie Solar와의 PPA 대상 설비용량","value":175,"period":"20-year Coastal Prairie Solar PPA","basis_en":"Capacity covered by the PPA with NextEra Energy Resources affiliate Coastal Prairie Solar","qualifier":null},"note":"엔터지 루이지애나는 NextEra Energy Resources의 완전자회사 Coastal Prairie Solar와 20년 전력구매계약을 체결했다. 계약 대상 태양광 설비의 용량은 약 175MW다.","note_en":"Entergy Louisiana entered into a 20-year power purchase agreement with Coastal Prairie Solar, an indirect wholly owned subsidiary of NextEra Energy Resources. The contracted solar facility has approximately 175 MW of capacity.","sources":[{"stance":"confirms","publisher":"엔터지","publisher_en":"Entergy","kind":"ir","lang":"en","published_at":"2023-03-03","url":"https://www.entergy.com/news/entergy-louisiana-seeks-approval-add-nearly-225-megawatts-solar-power-its-generation-mix","title":"엔터지 루이지애나, 약 225MW 태양광 추가 승인 신청","title_en":"Entergy Louisiana seeks approval to add nearly 225 megawatts of solar power to its generation mix","excerpt":"엔터지는 NextEra Energy Resources 완전자회사와 약 175MW 설비의 20년 전력구매계약을 추진한다고 밝혔다.","excerpt_en":"a 20-year purchase power agreement with Coastal Prairie Solar, LLC, an indirect wholly owned subsidiary of NextEra Energy Resources, LLC"}]},{"direction":"revenue","counterparty":"아마존","counterparty_slug":"amazon","confidence":"mid","metric":{"type":"share","unit":"percent","as_of":"2026-04-09","basis":"아마존이 부담하는 신규 에너지 인프라·업그레이드 관련 비용 비중","value":100,"period":"Mississippi data-center campus service agreements","basis_en":"Share of associated new energy infrastructure and upgrade costs paid by Amazon","qualifier":null},"note":"엔터지 미시시피는 아마존웹서비스가 투자하는 미시시피 데이터센터 캠퍼스에 전력을 공급한다. 아마존은 해당 캠퍼스의 신규 전력 인프라와 업그레이드 비용 전액을 부담한다고 밝혔다.","note_en":"Entergy Mississippi supplies Amazon Web Services data-center campuses in Mississippi. Amazon says it covers all costs associated with new power infrastructure and upgrades for those campuses.","sources":[{"stance":"confirms","publisher":"아마존","publisher_en":"Amazon","kind":"ir","lang":"en","published_at":"2026-04-09","url":"https://www.aboutamazon.com/news/company-news/amazon-25-billion-mississippi-data-centers","title":"아마존, 미시시피 데이터센터에 250억달러 투자 계획","title_en":"Amazon plans to invest $25 billion in Mississippi data centers, create 2,000 jobs","excerpt":"아마존은 엔터지 미시시피와 협력해 신규 데이터센터 캠퍼스와 관련된 비용 100%를 부담한다고 밝혔다.","excerpt_en":"Amazon has worked with Entergy Mississippi to ensure we pay 100% of the costs associated with our new data center campuses."}]},{"direction":"cost","counterparty":"D. E. Shaw Renewable Investments","counterparty_slug":null,"confidence":"mid","metric":{"type":"capacity","unit":"MW","as_of":"2024-11-26","basis":"DESRI의 Sunlight Road Solar와 맺은 PPA 대상 설비용량","value":50,"period":"20-year Sunlight Road Solar PPA","basis_en":"Capacity covered by the PPA with DESRI's Sunlight Road Solar","qualifier":null},"note":"엔터지 루이지애나는 DESRI가 개발·건설한 Sunlight Road Solar의 전력을 20년 PPA로 구매한다. 50MW 설비는 2024년 11월 상업운전을 시작했다.","note_en":"Entergy Louisiana purchases power from DESRI's Sunlight Road Solar under a 20-year PPA. The 50 MW facility began commercial operations in November 2024.","sources":[{"stance":"confirms","publisher":"엔터지","publisher_en":"Entergy","kind":"ir","lang":"en","published_at":"2024-11-26","url":"https://www.entergy.com/news/entergy-louisiana-desri-announce-start-commercial-operations-at-sunlight-road-solar","title":"엔터지 루이지애나와 DESRI, Sunlight Road Solar 상업운전 개시 발표","title_en":"Entergy Louisiana and DESRI announce start of commercial operations at Sunlight Road Solar","excerpt":"DESRI가 개발·건설한 50MW 태양광 설비는 20년 전력구매계약으로 엔터지 루이지애나 전력망에 전력을 공급한다.","excerpt_en":"The 50-megawatt solar facility ... will supply power to Entergy Louisiana's grid through a 20-year power-purchase agreement."}]}]}