Entergy Grants Now Available to Support Environmentally Beneficial Projects

Rhea-AI Summary

Entergy Corporation announces the continuation of its Environmental Initiatives Fund (EIF), providing $1 million annually in grants to support environmentally beneficial projects in Arkansas, Louisiana, Mississippi, and Texas. Celebrating its 22nd year, the EIF has awarded nearly $42 million in total since its inception in 2001. The funding prioritizes projects that create significant environmental benefits, particularly those within Entergy's utility service area. Grants will be evaluated based on various criteria, including project quality and potential impacts. Proposals for funding must be submitted by May 31, 2023.

Positive

• Entergy's Environmental Initiatives Fund provides $1 million annually for environmental projects.
• The EIF has awarded nearly $42 million since 2001, demonstrating long-term commitment.
• Funding prioritization for projects within Entergy's utility service area could enhance local engagement.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / April 20, 2023 / Entergy Corporation

As we celebrate Earth Month, Entergy remains steadfast in our commitment to creating a cleaner, more resilient energy future for our customers and communities. Now in its 22nd year, Entergy's Environmental Initiatives Fund, or EIF, is a component of our business strategy. The EIF provides $1 million in shareholder-funded grants each year to support environmental projects and solutions that benefit our region.

"Since 2001, our fund has awarded nearly $42 million in Entergy shareholder contributions to support environmentally beneficial projects and programs across our service area of Arkansas, Louisiana, Mississippi and Texas," said Kelli Dowell, director of environmental policy. "We're proud to partner with community organizations to reduce environmental risk and ensure a cleaner, brighter tomorrow for our communities."

Do you have a project idea that promotes conservation, energy efficiency or delivers environmental benefits? Submit your proposal for funding consideration through this 2023 request for proposal. All proposals must be received by midnight Central time, May 31, 2023.

Our Sustainability and Environmental Policy organization manages the EIF, evaluates project proposals, solicits approval from company leaders and awards funding to the most impactful project ideas.

Funding will be granted to proposed projects based on:

• Potential to create environmental benefits.
• Projects within the utility service area will be given preference.
• Project quality.
• Proponent's standing, reputation and co-party risk.
• The likelihood that a project will not move forward without EIF funding.
• Cost.
• Marketing and public relations opportunities.
• Project-specific terms and conditions.
• Uniqueness, innovative quality or opportunity to expand into self-funding projects.

View our 2022 awarded grant recipients here. For more information on Entergy's Environmental Initiatives Fund, email EIF@entergy.com.

View additional multimedia and more ESG storytelling from Entergy Corporation on 3blmedia.com.

Contact Info:
Spokesperson: Entergy Corporation
Website: https://www.3blmedia.com/profiles/entergy-corporation
Email: info@3blmedia.com

SOURCE: Entergy Corporation

View source version on accesswire.com:
https://www.accesswire.com/750408/Entergy-Grants-Now-Available-to-Support-Environmentally-Beneficial-Projects

FAQ

What is Entergy Corporation's Environmental Initiatives Fund?

The Environmental Initiatives Fund is a program by Entergy Corporation providing $1 million annually in grants for environmentally beneficial projects.

How much funding has Entergy provided through the EIF since its inception?

Since 2001, Entergy's EIF has awarded nearly $42 million to support environmental projects.

When is the deadline to submit proposals for the EIF funding?

Proposals for funding through the Environmental Initiatives Fund must be submitted by midnight Central time on May 31, 2023.

Where does Entergy prioritize its EIF funding?

Entergy prioritizes funding for projects that create environmental benefits within its utility service area.

How can I find more information about Entergy's EIF grant recipients?

You can view Entergy's 2022 awarded grant recipients by visiting their official website.