SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date earliest event reported) September 9, 1999
Commission Registrant, State of Incorporation, I.R.S. Employer
File Number Address and Telephone Number Identification No.
1-11299 ENTERGY CORPORATION 72-1229752
(a Delaware corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 529-5262
1-2703 ENTERGY GULF STATES, INC. 74-0662730
(a Texas corporation)
350 Pine Street
Beaumont, Texas 77701
Telephone (409) 838-6631
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Item 5. Other Events
Entergy Gulf States, Inc.
Reference is made to the Annual Reports on Form 10-K for the
year ended December 31, 1998, the Quarterly Reports on Form 10-Q
for the quarter ended June 30, 1999, and the Current Report on
Form 8-K, dated April 27, 1999, for Entergy Corporation
("Entergy") and Entergy Gulf States, Inc. ("Entergy Gulf States")
for discussions of Entergy Gulf States' rate proceedings filed in
1996 before the Public Utility Commission of Texas ("PUCT"),
Entergy Gulf States' litigation in the U.S. Bankruptcy Court for
the Eastern District of Louisiana relating to coal and coal
transportation contracts associated with the Big Cajun 3, Unit 2
coal-fuel generating plant, and the discovery of cladding
degradation on certain nuclear fuel assemblies in the nuclear
reactor at Entergy Gulf States' River Bend Station during a
recent refueling outage. Updates of these matters are set forth
below.
Texas Rate Case
On August 27, 1999, the PUCT entered an order denying a
Motion for Rehearing by the Office of Public Utility Counsel
("OPC") in Entergy Gulf States' rate case filed in November of
1998. The OPC's Motion for Rehearing asserted that the order
issued by the PUCT approving a non-unanimous settlement agreement
in the rate proceeding was not consistent with the terms of the
settlement agreement among the parties to the proceeding. It is
uncertain whether the OPC will appeal the PUCT's final order in
the rate proceeding.
Coal Supply and Coal Transportation Litigation
On August 26, 1999, the United States Bankruptcy Court for
the Middle District of Louisiana entered an order in the
bankruptcy proceeding of Cajun Electric Power Cooperative, Inc.
("Cajun"). The order approved a settlement agreement (the
"Settlement") among the parties to that proceeding relating to
the confirmation of a plan of reorganization (the "Creditors'
Plan") in bankruptcy for Cajun. Entergy Gulf States is a party
to the Settlement. The Creditors' Plan, as modified by the
Settlement, has the effect of ending pending litigation between
Entergy Gulf States and suppliers of coal and rail transportation
for coal to the Big Cajun 2, Unit 3 generating plant, in which
Entergy Gulf States owns an undivided interest.
River Bend Station Nuclear Fuel
The nuclear fuel assemblies that were found to be damaged
during the most recent refueling outage at the River Bend Station
have been replaced and the generating unit has been operating
normally since restart on July 8, 1999. The damaged assemblies
are being stored on site. It has been determined that the most
economic time to conduct tests to determine whether some or all
of the assemblies can be repaired and reused will be immediately
following the next refueling outage at the River Bend Station.
The next outage is currently scheduled for March 2000. Until
testing is completed, it is not known whether any or all of the
assemblies are reusable. Entergy Gulf States cannot at this time
predict whether the damage to the assemblies will have any
material adverse financial effect on the Company.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
1934, the registrants have duly caused this report to be signed
on their behalf by the undersigned hereunto duly authorized.
ENTERGY CORPORATION
ENTERGY GULF STATES, INC.
By: /s/ Nathan E. Langston
Nathan E. Langston
Vice President and Chief
Accounting Officer
Dated: September 9, 1999
