Entergy CEO weathers a year of market transformation
Leo Denault took over the helm of Entergy Corp. on Feb. 1, 2013. The year was marked by large ambitions. Denault successfully guided the integration of the Entergy utilities' transmission system into the Midcontinent Independent System Operator, but he saw a high-profile merger with ITC Holdings falter when Mississippi regulators turned it down. And the company cited market forces in its decision to shut its Vermont Yankee nuclear plant later this year. Looking ahead, Denault anticipates growth opportunities, spurred by the move into MISO and an industrial renaissance in the South spurred by low natural gas prices. Denault spoke last week with EnergyWire on these issues.