Entergy Texas, Inc., together with other parties, filed a motion with the Public Utility Commission of Texas to dismiss the company's application requesting a Certificate of Convenience and Necessity for one of the four 495 MW generating units at the Union Power Station near El Dorado, Arkansas.

"We have heard the positions of the other parties, including those representing some of our major customer groups, and do not see a viable path forward for the acquisition of this unit," said Sallie Rainer, president and CEO of Entergy Texas. "We are requesting that the Commission dismiss the CCN filing. We look forward to working with the PUCT and stakeholders as we continue to develop strategies to meet the generation resource needs in Texas."

If the PUCT grants the parties' motion to dismiss, Entergy Texas' quest to purchase the unit would end and the unit will be acquired by Entergy New Orleans, Inc. at an unadjusted purchase price of $237.0 million, subject to the approval of the New Orleans City Council and the satisfaction of other conditions to close the transaction.

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