Entergy 2015 Annual Report Download - page 4

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Clear vision, clear progress.
2015 Integrated Report
4
Letter to Stakeholders
4
To Our Stakeholders
At Entergy, we take a lot of pride in what we do. Powering life for our customers, owners, employees and
communities is important work that holds tremendous opportunity. We are on a journey to capture that
opportunity and create value for our stakeholders. Two years ago, we set a clear vision for our company:
We Power Life; and a clear mission: create sustainable value for our customers, owners, employees and
communities. In 2015, we made clear progress on numerous operational and regulatory priorities that are
critical to creating sustainable value. Employees across our company pulled together as one team to achieve
an aggressive to-do list and respond to multiple challenges. It was a terrific effort that demonstrates our
commitment to aim high and act in the long-term interests of all our stakeholders.
Much of our work in 2015 was focused on building a foundation to become more predictable and deliver
stable utility, parent and other earnings growth. Our ability to operate successfully as a company is
predicated on delivering steady earnings and dividend growth and reducing risk. It is how we will continue
to power life and create sustainable value for our stakeholders. We have developed strategies that will
help us achieve this objective.
Our utility strategy includes aggressive investment plans to modernize our infrastructure and enhance
reliability. We made significant progress in 2015 to meet our customers’ long-term need for clean, reliable
power at reasonable rates. In generation, we pursued approvals for the acquisition of Union Power Station
and selected the self-build option for a new combined-cycle gas turbine unit in Louisiana. The Union Power
Station acquisition successfully closed in early March 2016. We launched utility-scale solar projects to provide
access to renewable energy sources to customers in Arkansas, Mississippi and New Orleans. In transmission
and distribution, we invested in projects to improve reliability and resiliency, connect new customers and
better handle flow patterns made possible by our move to the Midcontinent Independent System Operator,
Inc., or MISO. We initiated one of the largest transmission projects in our history and are moving forward with
steps toward the installation of smart meters to benefit our customers and lay the foundation for the next
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