Raymond Gas Plant to Cost Over $2 Billion

Entergy Mississippi announced Thursday that it will construct a new natural gas power plant in Raymond.

Company leaders presented the project details during an open house meeting for area residents. Jeremy Vanderloo, the company's vice president of business operations and strategy, identified the facility as a Mitsubishi design. He described the technology as clean, safe, and highly efficient. The plant is intended to serve Entergy's existing customer base and provide reliable power to the community.

Vanderloo stated that the project represents the largest economic development initiative in the history of Hinds County. The expected investment totals more than $2 billion. This funding will cover the construction and setup of the new energy infrastructure.

Financial projections indicate the plant will generate substantial revenue for local government entities. Vanderloo estimated that the facility will produce over $1 billion in property taxes during its operational life. That revenue will be distributed to the City of Raymond, Hinds County, and the Hinds County School District.

The project has a defined construction timeline. Work is scheduled to begin in 2028. Vanderloo said the build-out will take roughly five years. The power plant is expected to become fully operational in the summer of 2031.