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Summary: Entergy Louisiana LLC Jul 06
Standard & Poors, July 2006
The ratings on Entergy Louisiana LLC, which accounts for 18% of Entergy Corp.'s earnings, are based on the parent's consolidated credit profile, which incorporates the regulated U.S. electric utility operations, nonregulated nuclear operations, and nonregulated independent power development business. As of March 31, 2006, New Orleans, La.-based Entergy had about $8.9 billion of debt outstanding. The ratings on Entergy recognize the increased probability that Entergy will recover a substantial portion of hurricane-related storm costs incurred in 2005. Still, uncertainty exists regarding the ultimate level and timing of the recovery and increasing pressure on the consolidated company's business profile from regulatory challenges in several jurisdictions. Furthermore, the company has a larger portion of its assets involved in nonregulated ventures, such as...
Companies mentioned in this report are: Entergy Louisiana LLC
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Entergy Louisiana LLC