---
schema_version: "secwatch.filing_event.v1"
accession: "0000065984-22-000083"
form_type: "8-K"
ticker: "ELC"
cik: "0001348952"
company_name: "ENTERGY LOUISIANA, LLC"
filed_at: "2022-05-19T23:59:59+00:00"
generated_at: "2026-06-25T09:07:25.897948+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Entergy Louisiana closes $3.194B storm securitization, issues bonds to finance storm costs

## Summary
- $3,193,505,000 principal amount of bonds issued by Louisiana Local Government Environmental Facilities and Community Development Authority on May 19, 2022.
- Net proceeds used to purchase preferred membership interests in Entergy Finance, LLC, with a stated annual dividend rate of 7%.
- Annual dividends: 99% distributed to Entergy Louisiana, LLC, and 1% to Louisiana Utilities Restoration Corporation, after trust expenses.
- Securitization recovers costs from Hurricanes Laura, Delta, Zeta, Winter Storm Uri, and Hurricane Ida, approved by LPSC in March 2022.

## SEC filing metadata
- accession: 0000065984-22-000083
- form_type: 8-K
- ticker: ELC
- cik: 0001348952
- company_name: ENTERGY LOUISIANA, LLC
- filed_at: 2022-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1348952/000006598422000083/0000065984-22-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65984/000006598422000083/etr-20220519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000065984-22-000083
- JSON: https://secwatch.observer/filing/0000065984-22-000083.json
- Plain text: https://secwatch.observer/filing/0000065984-22-000083.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.