President Donald Trump disclosed three purchases of Entergy ($ETR) securities in 2026, including two before the utility announced a major expansion of its power agreement with Meta Platforms ($META). The investments were executed through third-party discretionary accounts described as independently managed.
- Trump’s accounts purchased $15,001–$50,000 of Entergy on March 10 and $1,001–$15,000 on March 16.
- On March 27, Entergy announced seven additional gas plants totaling more than 5,200 megawatts and approximately 240 miles of transmission infrastructure supporting Meta’s Louisiana data center.
- Entergy shares have risen about 10% since the announcement. A third purchase worth $1,001–$15,000 occurred May 15.
- Entergy signed the White House Ratepayer Protection Pledge and modeled its Fair Share Plus program on the administration’s framework. The utility projects approximately $7 billion in customer benefits, including $2.6 billion tied to Meta’s project.
- Entergy and its outside firms reported approximately $2.05 million in federal lobbying during the first half of 2026, covering AI, transmission, permitting, data centers, grid buildout and ratepayer policy.
- Meta and its outside firms reported approximately $15.13 million during the same period. Meta’s filings named AI, energy permitting, the Ratepayer Protection Act and outreach to the White House, DOE and FERC.
- USAspending lists multiple Entergy utility contracts since 2025 involving DHS, DOJ, Interior and the Department of Defense.
Relevant Companies
- Entergy ($ETR) — Utility provider for Meta’s expanding Louisiana data-center campus.
- Meta Platforms ($META) — Developing the Hyperion AI data-center complex.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
