Entergy Gulf States Louisiana signed a commercial and contractual agreement with Methanex USA to supply up to 30 MW of power to Methanex's new methanol facility in Geismar, Louisiana. The power contract between Entergy Gulf States Louisiana and Methanex is for an initial 10-year term and will continue thereafter on a year-to-year basis. Entergy Gulf States Louisiana plans to upgrade its electric transmission system to meet the increased demand the methanol production facility is anticipated to generate. Methanex's first plant is expected to be operational by the end of 2014, and the second plant is expected to be operational by early 2016.
