Entergy 2005 Annual Report Download - page 19

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*
15
customers in the most devastated areas in and
around New Orleans remained unable to accept
electric or gas service.
Meanwhile, near the Florida Keys, Tropical
Storm Rita reached hurricane strength and moved
westward into the Gulf of Mexico.
SEPTEMBER 21
Wind speeds of 175 mph made Hurricane Rita
the second Category 5 storm of the 2005 U.S.
hurricane season – the first time that has happened
in recorded history. Exhausted workers – both
support teams and linemen – began preparations
for Rita. Eventually, more than 4,000 people were
recruited and committed for response and plans
made for locating command centers and staging sites.
SEPTEMBER 23
Entergy New Orleans, Inc. filed a voluntary petition
for reorganization under Chapter 11 of the U.S.
Bankruptcy Code. To ensure the restoration of New
Orleans continued uninterrupted, a simultaneous
motion was filed for approval of debtor-in-
possession financing to be provided by Entergy
Corporation to Entergy New Orleans to support
its restoration and continuing operations. Entergy
Corporation has been authorized by the court to
make debtor-in-possession loans up to $200 million
to Entergy New Orleans for these purposes and it
has to date loaned $100 million.
In a letter of support, the City Council of
New Orleans stated that any long-term solution
that provides for a financially viable utility at
Entergy New Orleans and protects customers
from the massive restoration costs they can ill
afford to pay, must involve a substantial federal
financial commitment.
Continued on page 18
=
Determination
On September 2, a mounting fuel crisis prompted a high-
priority mission to repair a transmission tie to a fuel depot in
Collins, Mississippi. Located in Louisiana marshlands, repairs
to the transmission facilities required cutting a two-mile road
through dense forest and using a Chinook helicopter provided
by the Mississippi National Guard to airlift three existing
transmission structures from dry ground into the marsh. A
team of 120 Entergy employees and contractors completed
restoration on September 10 – resolving a fuel supply crisis
that was hampering restoration efforts throughout Mississippi.
a glimmer of encouragement in the vista of despair.”
– The New Orleans Times-Picayune