Entergy makes economic development list

Entergy Corp. in New Orleans is among 10 companies named as Top Utilities in Economic Development by Site Selection magazine.

Site Selection did not rank the utilities, whose selection was based on a mix of objective and subjective criteria.

Others utilities on the list, in alphabetical order, are Alabama Power, Birmingham, Ala.; American Electric Power, Columbus, Ohio; CenterPoint Energy, Houston; Duke Energy, Charlotte, N.C.; FirstEnergy, Akron, Ohio; Florida Power & Light, Juno Beach, Fla.; Georgia Power, Atlanta; LG&E-KU, Louisville, Ky.; and Tennessee Valley Authority, Nashville, Tenn.

“Utilities play a key role as participants in the economic development efforts of cities, regions and all areas working to improve their local business climate,” said Mark Arend, editor in chief of Site Selection. “This year’s top utilities were particularly successful in this endeavor in 2012.”

Site Selection’s annual list was based on an analysis of corporate project activity in 2012 in each company’s territory based on the Conway Data New Plant Database and also submitted materials from utilities; website tools and data; programs and incentives for business, including energy efficiency and renewable energy programs; and the utility’s job-creating infrastructure and facility investment trends.

Site Selection magazine, published by Conway Data Inc. in Atlanta, distributes expansion planning information to 44,000 executives.