{"schema_version":"secwatch.filing_event.v1","accession":"0000065984-25-000189","form_type":"8-K","ticker":"ETI-P","cik":"0001427437","company_name":"ENTERGY TEXAS, INC.","filed_at":"2025-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.386407+00:00","generated_at":"2026-05-16T13:29:17.305907+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Entergy Texas enters $1.45B financing for 754-MW gas plant via lease with Bank of America","bullets":["Construction of Legend Power Station, a 754-MW combined-cycle gas plant in Jefferson County, TX, at cost not to exceed $1.450 billion.","Lease from BA Leasing BSC (Bank of America) expected to commence ~26 months from Dec 2025 for ~58 months; early purchase option available.","Entergy Texas covenants to maintain consolidated debt ratio ≤65% of total capitalization.","Construction advances funded by participants (Bank of America as lessor and rent assignees); obligations secured by facility and ground lease."],"urls":{"canonical":"https://secwatch.observer/filing/0000065984-25-000189","json":"https://secwatch.observer/filing/0000065984-25-000189.json","markdown":"https://secwatch.observer/filing/0000065984-25-000189.md","text":"https://secwatch.observer/filing/0000065984-25-000189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1427437/000006598425000189/0000065984-25-000189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65984/000006598425000189/etr-20251209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:29:17.305907+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1fe30218233ff4ac02a21305487ff95a5c2fb77c","claim":"ENTERGY TEXAS, INC. entered into Construction Agency Agreement with BA Leasing BSC, LLC (effective 2025-12-09).","evidence_excerpt":"On December 9, 2025, Entergy Texas, Inc. (“Entergy Texas”) entered into certain agreements related to the construction and leasing of a planned 754-megawatt combined cycle gas power plant, Legend Power Station, in Jefferson County, Texas (the “Facility” and, together with the ground site, the “Leased Property”). Among others, those agreements included (collectively, the “Transaction Documents”): • a Participation Agreement (the “Participation Agreement”) among Entergy Texas, as Lessee and Construction Agent, BA Leasing BSC, LLC (“BAL”), as Lessor, Bank of America, N.A., acting in the capacity as Administrative Agent, and the persons named on Schedule II thereto, as “Rent Assignees” (together with BAL, the “Participants”); • a Construction Agency Agreement (the “Construction Agency Agreement”) between Entergy Texas, as Construction Agent, and BAL, as Lessor;","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1427437/000006598425000189/0000065984-25-000189-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"BA Leasing BSC, LLC"},{"label":"Effective","value":"2025-12-09"}],"fact_type":"material_agreement"},{"claim_id":"4be93183e1d7a798f90fafeac5ec69bfcfba3f6c","claim":"ENTERGY TEXAS, INC. entered into Lease with BA Leasing BSC, LLC (effective 2025-12-09).","evidence_excerpt":"On December 9, 2025, Entergy Texas, Inc. (“Entergy Texas”) entered into certain agreements related to the construction and leasing of a planned 754-megawatt combined cycle gas power plant, Legend Power Station, in Jefferson County, Texas (the “Facility” and, together with the ground site, the “Leased Property”). Among others, those agreements included (collectively, the “Transaction Documents”): • a Participation Agreement (the “Participation Agreement”) among Entergy Texas, as Lessee and Construction Agent, BA Leasing BSC, LLC (“BAL”), as Lessor, Bank of America, N.A., acting in the capacity as Administrative Agent, and the persons named on Schedule II thereto, as “Rent Assignees” (together with BAL, the “Participants”); • a Construction Agency Agreement (the “Construction Agency Agreement”) between Entergy Texas, as Construction Agent, and BAL, as Lessor; and • a Lease, Deed of Trust and Security Agreement (the “Lease”) between Entergy Texas, as Lessee, and BAL, as Lessor.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1427437/000006598425000189/0000065984-25-000189-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"BA Leasing BSC, LLC"},{"label":"Effective","value":"2025-12-09"}],"fact_type":"material_agreement"},{"claim_id":"6b85095c5e4589f2aa36b07615b11c669687d6eb","claim":"ENTERGY TEXAS, INC. entered into Participation Agreement with BA Leasing BSC, LLC and Bank of America, N.A. valued at $1.450 billion (effective 2025-12-09).","evidence_excerpt":"On December 9, 2025, Entergy Texas, Inc. (“Entergy Texas”) entered into certain agreements related to the construction and leasing of a planned 754-megawatt combined cycle gas power plant, Legend Power Station, in Jefferson County, Texas (the “Facility” and, together with the ground site, the “Leased Property”). Among others, those agreements included (collectively, the “Transaction Documents”): • a Participation Agreement (the “Participation Agreement”) among Entergy Texas, as Lessee and Construction Agent, BA Leasing BSC, LLC (“BAL”), as Lessor, Bank of America, N.A., acting in the capacity as Administrative Agent, and the persons named on Schedule II thereto, as “Rent Assignees” (together with BAL, the “Participants”); • a Construction Agency Agreement (the “Construction Agency Agreement”) between Entergy Texas, as Construction Agent, and BAL, as Lessor; and • a Lease, Deed of Trust and Security Agreement (the “Lease”) between Entergy Texas, as Lessee, and BAL, as Lessor. Costs of c","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1427437/000006598425000189/0000065984-25-000189-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"BA Leasing BSC, LLC and Bank of America, N.A."},{"label":"Value","value":"$1.450 billion"},{"label":"Effective","value":"2025-12-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}