Equity Method Investments

12 Months Ended

Dec. 31, 2011

Equity Method Investments [Abstract]

EQUITY METHOD INVESTMENTS

NOTE 14. EQUITY METHOD INVESTMENTS (Entergy Corporation)

As of December 31, 2011, Entergy owns investments in the following companies that it accounts for under the equity method of accounting:

Investment	Ownership	Description
Entergy-Koch	50% partnership interest	Entergy-Koch was in the energy commodity marketing and trading business and gas transportation and storage business until the fourth quarter 2004 when these businesses were sold.
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:

	2011			2010			2009
	(In Thousands)
Beginning of year	$	40,697		$	39,580		$	66,247
Loss from the investments		(88	)		(2,469	)		(7,793	)
Dispositions and other adjustments		4,267			3,586			(18,874	)
End of year	$	44,876		$	40,697		$	39,580

Transactions with equity method investees

Entergy Gulf States Louisiana purchased approximately $41.1 million, $50.8 million, and $49.3 million of electricity generated from Entergy’s share of RS Cogen in 2011, 2010, and 2009, respectively. Entergy’s operating transactions with its other equity method investees were not significant in 2011, 2010, or 2009.