8-K

                  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) July 5, 2001


Commission   Registrant, State of Incorporation,     I.R.S. Employer
File Number  Address and Telephone Number            Identification No.
1-11299      ENTERGY CORPORATION                     13-5550175
             (a Delaware corporation)
             639 Loyola Avenue
             New Orleans, Louisiana  70113
             Telephone (504) 576-4000






Form 8-K

Item 5.   Other Events

     On July 5, 2001, Entergy Corporation ("Entergy") issued a public
announcement, which is attached as an exhibit hereto and incorporated
herein by reference.

Item 7.   Financial Statements, Pro Forma Financial Statements and
Exhibits

     (c) Exhibits.

   Exhibit                  Description
     No.
     99.1    Release, dated July 5, 2001, issued by
             Entergy.






                               SIGNATURE


     Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.


                                        Entergy Corporation


                                        By:  /s/ Nathan E. Langston
                                             Nathan E. Langston
                                             Vice President and
                                             Chief Accounting Officer



Dated: July 5, 2001

EX-99

[Logo of Entergy]                       Entergy Wholesale Operations
					10055 Grogan's Mill Road
					The Woodlands, Texas 77380


					Exhibit 99.1

						     NEWS
						     RELEASE

Date:        July 5, 2001

For Release: Immediately

Contact:     Larry Daspit                       Nancy Morovich
	     Energy Supply Communications       Investor Relations
	     (281) 297-3026                     (504) 576-5506
	     (888) 869-1420 (pager)             (888) 925-8406 (pager)
	     ldaspi1@entergy.com                nmorovi@entergy.com


		    Entergy sells UK power plant to Calpine


Houston - Entergy Corporation (NYSE: ETR) announced today that binding
agreements were signed to sell 100 percent of its 1,200-megawatt power
plant at Saltend near Hull, Yorkshire, England to Calpine Corporation
(NYSE: CPN).  The approximately $800 million transaction is subject to
the completion of certain conditions which are expected to be met in the
next few weeks.  With the execution of the binding agreements, Calpine will
assume market and regulatory risks associated with Saltend.  The Saltend
plant, which began commercial operations in November 2000, is one of the
largest natural gas-fired power plants in England.

"While Saltend is a state-of-the-art facility, selling it offered Entergy
a substantial opportunity to immediately harvest value and redeploy
capital," said J. Wayne Leonard, chief executive officer of Entergy
Corporation.  "Our decision to sell was based on a very disciplined
point-of-view-driven risk management process.  The sale of Saltend allows
us to reduce consolidated debt and maintain the desired balance and risk
in our portfolio."
				 more


Entergy News Release:  Entergy Sells UK Power Plant to Calpine
July 5, 2001
Page 2

Entergy affirms European strategy

Entergy will continue to own and operate the 800-megawatt gas fired plant
at Damhead Creek, approximately 30 miles from London, which began commercial
operations in February 2001.  The Damhead Creek plant is an important part
of the company's European strategy because it provides a valuable complement
to Axia Energy's marketing and trading activities in the England and Wales
market.  Axia Energy is the trading and marketing subsidiary of Entergy-Koch,
LP.

"The sale of the Saltend plant demonstrates Entergy's ongoing commitment to
manage risk and capture value as opportunities arise," said Geoff Roberts,
Entergy Wholesale Operations president and chief executive officer.  "We
continue to evaluate the European power and gas markets and are convinced
that we can successfully apply the market-driven disciplines, systems, skill
sets, and infrastructure we are using in North America to grow our European
portfolio," Roberts added.

Including Damhead Creek, Entergy's presence in Europe accounts for more than
4,400 megawatts of capacity in operation and development.  This total includes
two projects in Spain: the 1,200-megawatt Morata de Tajuna project near Madrid,
and the 800-megawatt Castelnou project in Aragon.  The company also has an
800-megawatt project, Cairo Montenotte, in northern Italy, and last month
finalized commercial agreements for rehabilitation of the 840-megawatt
Maritza East III project in Bulgaria.

Entergy's legal counsel for the transaction was Skadden, Arps, Slate, Meagher
and Flom's London office; Schroder Salomon Smith Barney UK provided investment
banking services.

About Entergy

Entergy Corporation is a global energy company with power production,
distribution operations, and related diversified services.  It owns, manages,
or invests in power plants generating more than 30,000 megawatts of electricity
domestically and internationally.  Entergy serves as the electric utility for
2.6 million customers in parts of Arkansas, Louisiana, Mississippi, and Texas.
Through Entergy-Koch, L.P., it is also a leading provider of wholesale energy
marketing and trading services.  Entergy Wholesale Operations,


				   more



Entergy News Release:  Entergy Sells UK Power Plant to Calpine
July 5, 2001
Page 3


headquartered in Houston, Texas, is Entergy's non-utility power development
business unit. EWO focuses on developing low cost power generation assets and
delivering value-added products to its wholesale customers such as innovative
tolling agreements, full-requirement contracts, and cogeneration.  EWO has
development and marketing offices in London, Madrid, Milan, and Sofia,
Bulgaria, and has approximately 10,000 megawatts of capacity in operation,
under construction, or in advanced development in North America and Western
Europe, in addition to its more than 10,000 megawatts under various stages of
preliminary development.












				  -30-

	       Entergy's on-line address is: www.entergy.com

The following constitutes a "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: Investors are cautioned that
forward-looking statements contained in the foregoing release with respect
to the revenues, earnings, performance, strategies, prospects and other
aspects of the business of Entergy Corporation may involve risks and
uncertainties. Actual events and results may, for a variety of reasons,
prove to be materially different from those indicated in these
forward-looking statements, estimates and projections.  Factors that
could influence actual future outcomes include regulatory decisions,
the effects of changes in law, the evolution of markets and competition,
changes in accounting, weather, the performance of generating units,
fuel prices and availability, financial markets, risks associated with
businesses conducted in foreign countries, changes in business plan, the
presence of competitors with greater financial resources and the impact of
competitive products and pricing; the effect of the Entergy Corporation's
policies, including the amount and rate of growth of Entergy Corporation's
expenses; the continued availability to Entergy Corporation of adequate
funding sources and changes in interest rates;  delays or difficulties in
the production, delivery or installation of products and the provision of
services; and various legal, regulatory and litigation risks. Entergy
Corporation undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.  For a more detailed discussion of some of
the foregoing risks and uncertainties, see Entergy Corporation's filings
with the Securities and Exchange Commission.