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Equity Method Investments
12 Months Ended
Dec. 31, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments

NOTE 14. EQUITY METHOD INVESTMENTS (Entergy Corporation)

 

            As of December 31, 2012, Entergy owns investments in the following companies that it accounts for under the equity method of accounting:

 

Investment

 

Ownership

 

Description

 

 

 

 

 

RS Cogen LLC

 

50% member interest

 

Co-generation project that produces power and steam on an industrial and merchant basis in the Lake Charles, Louisiana area.

 

 

 

 

 

Top Deer

 

50% member interest

 

Wind-powered electric generation joint venture.

 

Following is a reconciliation of Entergy's investments in equity affiliates:

       

 

 

2012

 

2011

 

2010

 

 

(In Thousands)

 

 

 

 

 

 

 

Beginning of year

 

$44,876 

 

$40,697 

 

$39,580 

Income (loss) from the investments

 

1,162 

 

(88)

 

(2,469)

Dispositions and other adjustments

 

700 

 

4,267 

 

3,586 

End of year

 

$46,738 

 

$44,876 

 

$40,697 

Transactions with equity method investees

 

Entergy Gulf States Louisiana purchased approximately $2.8 million, $41.1 million, and $50.8 million of electricity generated from Entergy's share of RS Cogen in 2012, 2011, and 2010, respectively. Entergy's operating transactions with its other equity method investees were not significant in 2012, 2011, or 2010.