System Energy Resources Inc. Resources | BNET
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System Energy Resources Inc. (SYER P) is in the Energy Industry

Revenue
Dec 31 2007
$553.1M
Profit
Dec 31 2007
$136.0M
Market Cap
Mar 06 1987
$6.2B

Latest News and Analysis

  • Plans for New Power Generation in Mississippi Could Increase Capacity by 15.3%, an Industrial Info News Alert

    Researched by Industrial Info Resources(Sugar Land, Texas) -- Developers are proposing more than 2,500 megawattsMW of new generation in Mississippi. If these projects are constructed,the state's generation capacity could increase by more than 15.3%, bringingits capacity up from about 16,600 MW to about 19,200 MW. Nuclear generationleads the planned generation...

    Articles 2008-03-19

  • Fitch Rates System Energy Resources' First Mortgage Bonds 'BBB-'

    CHICAGO -- Fitch Ratings assigns a 'BBB-' rating to System Energy Resources, Inc.'s SERI $70 million issuance of 6.20% first mortgage bonds due 2012. The Rating Outlook is Stable. The proceeds will be used to redeem $70 million of first mortgage bonds maturing on Oct. 1, 2007. SERI's...

    Articles 2007-09-27

  • Early Site Permit Issued for Nuclear Plant in Mississippi

    WASHINGTON, DC ENS — -->The Nuclear Regulatory Commission, NRC, today unanimously authorized its Office of New Reactors to issue an Early Site Permit to System Energy Resources Inc. for the Grand Gulf site near Port Gibson, Mississippi. System Energy Resources is a wholly owned subsidiary of the Entergy...

    Articles 2007-03-27

  • Bolivia; public policy options for the well-being of all

    Bolivia; public policy options for the well-being of all. Ed. by Vicente Fretes-Cibils et al. The World Bank 2006 538 pages $50.00 Paperback HC182 The editors all of the World Bank present a report...

    Articles 2007-02-01

  • Fitch Revises Outlook on Entergy Corp. & Subsidiaries to Stable; Ratings Affirmed

    NEW YORK -- Fitch revises the Rating Outlook of Entergy Corp. (NYSE:ETR) and its subsidiaries Entergy Arkansas, Inc. EAI, Entergy Gulf States, Inc. EGSI, Entergy Louisiana, LLC ELL, Entergy Mississippi, Inc. EMI and System Energy Resources, Inc. SERI to Stable from Negative. Fitch also affirms the ratings for each of...

    Articles 2006-10-12

  • Fitch Revises Rating Outlooks of Entergy Subsidiaries to Negative

    NEW YORK -- Fitch Ratings affirms the ratings of Entergy Arkansas, Inc. EAI, Entergy Gulf States, Inc. EGSI, Entergy Louisiana, Inc. ELA, Entergy Mississippi, Inc. EMI, System Energy Resources, Inc. SERI, and revises the Rating Outlook for each of these companies to Negative from Stable. A complete list of ratings...

    Articles 2005-10-06

  • Fitch Lowers Entergy New Orleans to 'CCC', Affiliate Ratings Affirmed

    NEW YORK -- Fitch Ratings downgraded the senior secured rating of Entergy New Orleans, Inc. ENOI to 'CCC' from 'BBB' and placed the ratings on Rating Watch Negative. The affiliates' ratings are affirmed for Entergy Arkansas, Inc., Entergy Gulf States, Inc., Entergy Mississippi, Inc., and System Energy Resources, Inc. This...

    Articles 2005-09-20

  • Cavanaugh, William III 1939–

    William Cavanaugh III 1939– Former chairman, chief executive officer, and president, Progress Energy Nationality: American. Born: 1939, in New Orleans, Louisiana. Education: Tulane University, BS, 1961. Career: U.S. Navy, 1961–1969, rose to the rank of lieutenant commander of the navy's nuclear program; Entergy Corporation, 1969–1986, several management capacities...

    Articles 2005-01-01

  • Hintz Elected to Entergy's Board of Directors

    Entergy Corporation announced today that Donald C. Hintz was elected to the Entergy Board of Directors by Entergy's shareholders. After his election to the board by shareholders, board members elected Hintz as chairman of the nuclear committee. "Don is one of the most knowledgeable and accomplished...

    Articles 2004-05-14

  • Fitch Rates System Energy Resources' Secured Lease Obligation Bonds 'BBB-'

    Business Editors NEW YORK--BUSINESS WIRE--April 27, 2004 Fitch Ratings has assigned a 'BBB-' rating to System Energy Resources, Inc.'s SERI $284.8 million issuance through GG1C Funding Corporation (GG1C) of secured lease obligation bonds SLOBs, 5.129% series due 2014. The Rating Outlook is Stable. The...

    Articles 2004-04-27

  • STATIONARY: ERL Reveals Power Systems.(Energy and Resources Laboratories)(Brief Article)

    Energy and Resources Laboratories ERL of ITRI 195 Chung Hsing Rd., Sec.4 Chu Tung, Hsin Chu, Taiwan 310, R.O.C. Tel: +886-3-582- 0100 Fax: +886-3-582-0045) has completed a kilowatt-scale PEMFC prototype heat and power CHP system. The system may be used as an auxiliary power source for...

    Articles 2003-10-01

  • Fitch Rates System Energy's $70MM FMBs 'BBB-'

    Business Editors NEW YORK--BUSINESS WIRE--Sept. 23, 2002 Fitch Ratings has assigned a 'BBB-' rating to System Energy Resources, Inc.'s SERI $70 million issuance of first mortgage bonds FMBs due 2007. The Rating Outlook is Stable. Proceeds from the issuance will be used to repay outstanding first...

    Articles 2002-09-23

  • Fitch IBCA Establishes Rtgs For Entergy Corp Operating Subs

    Business Editors NEW YORK--BUSINESS WIRE--Jan. 25, 2000 Fitch IBCA, Inc. has established new ratings for the outstanding debt and preferred securities of Entergy Corporation's Entergy six operating subsidiaries. The newly assigned senior secured debt ratings of each entity are as follows: Entergy Arkansas Inc. EAI, Entergy...

    Articles 2000-01-25

  • Prudential Securities Completes Tender Offer for Entergy Corporation Subsidiary

    NEW YORK--BUSINESS WIRE--May 21, 1999-- -- Deal enjoys high success rate with 82% of bonds repurchased. -- Follows recent deal for Southern California Edison. Prudential Securities announced today that it has successfully completed a tender offer on behalf System Energy Resources, Inc., a wholly...

    Articles 1999-05-21

  • System Energy Resources, Inc. Receives Tenders for 88% of Bonds; Announces Extension and Anticipated Purchase Price for Tender Offer Invitation

    NEW ORLEANS--BUSINESS WIRE--May 6, 1999-- To Holders of Claiborne County, Mississippi 7.30% Pollution Control Revenue Refunding Bonds (System Energy Resources, Inc. Project) Series 1995 CUSIP No. 179423 AJ7 System Energy Resources, Inc. (the "Company"), a wholly-owned subsidiary of Entergy Corporation (NYSE:ETR), announced...

    Articles 1999-05-06

  • Meiners' replacement has long history with Entergy

    Carolyn Shanks bas been chosen by Entergy's president and CEO Wayne Leonard to head up Entergy Mississippi when Don Meiners retires, after a 39-year tenure, next summer. The announcement was made last week in Jackson. Shanks, 37, currently vice president of finance and administration of Entergy Nuclear, will assume...

    Articles 1998-12-21

  • Meiners' replacement has long history with Entergy

    Carolyn Shanks bas been chosen by Entergy's president and CEO Wayne Leonard to head up Entergy Mississippi when Don Meiners retires, after a 39-year tenure, next summer. The announcement was made last week in Jackson. Shanks, 37, currently vice president of finance and administration of Entergy Nuclear, will assume...

    Articles 1998-12-21

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System Energy Resources is engaged in the management, operation and maintenance of, and financing of its 90% ownership interest in, a two-unit nuclear generating station located near Port Gibson, Mississippi (Grand Gulf Station). The Grand Gulf 1 Station is designed as two 1,250 megawatt nuclear generating units. Co. sells capacity and energy from Unit 1 of the Grand Gulf Station to Entergy Arkansas, Inc., Entergy Louisiana, Inc., Entergy Mississippi, Inc. and Entergy New Orleans, Inc.

Key Competitors

System Energy Resources Inc. Company Info

Board of Directors

Gary J. Taylor

Chmn.

Donald C. Hintz

Leo Denault

Richard J. Smith

Contact Information

Echelon One

1340 Echelon Parkway

Jackson, MS

http://www.entergy.com

601 368-5000

NAICS Code

Nuclear Electric Power Generation: 221113