Entergy's Louisiana unit received the state's regulatory approval to move forward with infrastructure investments tied to Meta's new global data center in Richland Parish, the utility firm said on Wednesday.

Entergy (NYSE:ETR) said Wednesday the Louisiana Public Service Commission approved its plan to build three new combined cycle combustion turbine generation facilities to power Meta’s (NASDAQ:META) new data center in the rural northeast part of the state.

The Louisiana Public Service Commission, or LPSC, has approved a landmark agreement that paves the way for Entergy Louisiana to move forward with major infrastructure investments tied to Meta's new data center in Richland Parish.