Entergy Just Landed A $4 Billion Deal In Arkansas— Thanks To Google’s New Mega Project!

Shares of Entergy have surged following a major announcement from Google, which revealed its plan to build a $4 billion data center in West Memphis, Arkansas. This marks Google’s first facility in the state and a significant strategic expansion in its U.S. infrastructure footprint. The data center will be powered entirely by Entergy Arkansas, a subsidiary of Entergy Corporation, which serves several states in the Deep South. The stock rose 2.8% on the news, continuing a 27% year-to-date rally as investors responded positively to the development. The partnership, part of a broader trend of hyperscale tech firms seeking reliable power providers for AI and cloud-driven growth, reinforces Entergy’s importance in the industrial power supply chain. The deal also includes a $25 million Google community fund and aligns with recent regulatory and legislative tailwinds in Arkansas that support faster utility approvals and capital recovery. Entergy now sits at the intersection of digital infrastructure and energy transformation.