Final Results for the Summer 2009 RFP - Revised

ESI has concluded its review and evaluation of the proposals submitted in response to the Summer 2009 RFP and has reported the results of the review and evaluation to the Operating Committee.  ESI has received Entergy Operating Committee approval to move forward with five resources:

·         four acquisition proposals totaling approximately 2,800 MW, including the Ninemile self build option identified in the RFP; and

·         one PPA proposal totaling approximately 500 MW.

Subsequent to the RFP selections, one of the acquisition proposals that had been selected for award was withdrawn by the bidder.  Nonetheless, even with the withdrawal of this acquisition proposal, the 1,550 MW of resource needs identified when the RFP was issued have been filled.

The Independent Monitor for ESI’s Summer 2009 Long-Term RFP, Potomac Economics, has certified that the evaluation and analysis of the RFP proposals were fair and impartial, did not unfairly favor any proposal, including the self-build proposal, and were free from affiliate abuse.  In addition, the IM has certified that the various processes established under the RFP to ensure protection of confidential information were followed accordingly.  Further, the Independent Monitor has affirmed that the Operating Committee’s resource selection is consistent with the RFP evaluation results.

ESI, on behalf of the Entergy Operating Companies, will be entering into discussions for the execution of definitive agreements associated with the selected proposals.  All transactions will be contingent upon obtaining necessary regulatory approvals, including full cost recovery.