Entergy Shares Rise 1.43% as CEO Outlines Data Center Cost Recovery Plan Amid Subsidy Concerns
Entergy Corp. shares closed up 1.43% on Tuesday. CEO Drew Marsh outlined the company's 'Fair Share Plus' framework at its 2026 Investor Day in New York City.
insidermonkey.comEntergy Corp. 62 in after-hours trading. CEO Drew Marsh spoke to CNBC's Jim Cramer on Tuesday and addressed concerns that data centers could become a burden on residential communities.
Marsh described Entergy's "Fair Share Plus" framework, which requires data center operators to cover all incremental infrastructure costs during the life of their contracts. "The plus part is that they are also covering some of the fixed costs," Marsh said.
" At the company's 2026 Investor Day in New York City, Marsh said the provisions are expected to generate roughly $7 billion in savings for existing customers over the 15 to 20-year life of the contracts.
Benzinga reported that the surge in AI-related power demand has sparked concerns among policymakers and homeowners that residential customers could end up subsidizing data center growth. Marsh pushed back against that view.
