secwatch.observer — SEC 8-K summary
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Issuer:     ENTERGY TEXAS, INC. (ETI-P)
CIK:        0001427437
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0000065984-25-000189
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Entergy Texas enters $1.45B financing for 754-MW gas plant via lease with Bank of America
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1427437/000006598425000189/0000065984-25-000189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/65984/000006598425000189/etr-20251209.htm
  HTML page:      https://secwatch.observer/filing/0000065984-25-000189

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