UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)
[X]	~~ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES~~	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
	~~EXCHANGE ACT OF 1934~~	EXCHANGE ACT OF 1934
	For the fiscal year ended December 31, 2019
		For the fiscal year ended December 31, 2020
	Or	Or
[ ]	~~TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE~~	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
	~~SECURITIES EXCHANGE ACT OF 1934~~	SECURITIES EXCHANGE ACT OF 1934
	~~For the transition period from __________________________ to __________________________~~	For the transition period from __________________________ to __________________________
Commission File Number of issuing entity: 333-175117-01Central Index Key Number of issuing entity: 0001523519ENTERGY LOUISIANA INVESTMENT RECOVERY FUNDING I, L.L.C.(Exact name of issuing entity as specified in its charter)

ENTERGY LOUISIANA, LLC

(Exact name of depositor and sponsor as specified in its charter)

Commission File Number of depositor: 1-32718

Central Index Key Number of depositor: 0001348952

Louisiana	~~45-2494355~~	45-2494355
(State or other jurisdiction of incorporation or organization of issuing entity)	~~(I.R.S. Employer Identification No. of issuing entity)~~	(I.R.S. Employer Identification No. of issuing entity)
4809 JEFFERSON HIGHWAY JEFFERSON, LOUISIANA 70121
(Address of principal executive offices of issuing entity)
Registrant's telephone number, including area code: (504) 840-2608
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: NoneIndicate by check mark if the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. [ ] Yes [X] NoIndicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. [ ] Yes [X] No


Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. [ ] Yes [X] No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. [ ] Yes [X] No

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

[X] Yes [ ] No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes [ ] No [ ] Not applicable.

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [ ] Accelerated filer [ ] Non-accelerated filer [X] Smaller reporting company [ ]

Emerging growth company [ ]

If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the

registered public accounting firm that prepared or issued its audit report. Yes [ ] No [ ] Not applicable.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).

[ ] Yes [X] No

The registrant does not have any voting or non-voting common equity held by non-affiliates.

Documents incorporated by reference: None.

Part I

Item 1. Business.

Omitted pursuant to General Instruction J of Form 10-K.

Item 1A. Risk Factors.

Omitted pursuant to General Instruction J of Form 10-K.

Item 1B. Unresolved Staff Comments.

Not applicable.

Item 2. Properties.

Omitted pursuant to General Instruction J of Form 10-K.

Item 3. Legal Proceedings.

Omitted pursuant to General Instruction J of Form 10-K.

Item 4. Mine Safety Disclosures.

Not applicable.

Part II

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Omitted pursuant to General Instruction J of Form 10-K.

Item 6. Selected Financial Data.

Omitted pursuant to General Instruction J of Form 10-K.

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations.

Omitted pursuant to General Instruction J of Form 10-K.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk.

Omitted pursuant to General Instruction J of Form 10-K.

Item 8. Financial Statements and Supplementary Data.

Omitted pursuant to General Instruction J of Form 10-K.

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.

Omitted pursuant to General Instruction J of Form 10-K.

Item 9A. Controls and Procedures.

Omitted pursuant to General Instruction J of Form 10-K.

Item 9B. Other Information.

The Assertion of Compliance of Applicable Servicing Criteria of the trustee, The Bank of New York Mellon (the “Trustee”), identified ~~one~~ material ~~instance~~instances of non-compliance. The Trustee has advised Entergy Louisiana Investment Recovery Funding I, L.L.C. (the “Issuer”) that this ~~instance of~~ non-compliance did not affect the Issuer’s Senior Secured Investment Recovery Bonds (the “Bonds”). The Issuer requested that the Trustee provide further information about the non-compliance, specifically:

~~Issuer~~● ~~requested~~The ~~that~~asset type(s) included in the ~~Trustee~~sample ~~provide~~of ~~further~~transactions ~~information~~reviewed ~~about~~for purposes of assessing compliance with servicing criteria applicable to them, where the ~~instance~~identified instances of ~~non-compliance~~noncompliance were found to exist, ~~specifically:~~and whether the identified instances of noncompliance involved the subject transaction;

•● The ~~asset~~extent ~~type(s)~~or ~~included~~scope ~~in the sample~~ of ~~transactions~~any ~~reviewed~~material ~~for~~instance ~~purposes~~ of ~~assessing~~noncompliance, ~~compliance~~including ~~with~~any ~~servicing~~material ~~criteria~~impacts ~~applicable~~or toeffects ~~them,~~as ~~where~~a result of the ~~identified~~material instances of noncompliance ~~were~~that ~~found~~have toaffected ~~exist,~~payments ~~and~~or ~~whether~~expected ~~the~~payments ~~identified~~on ~~instances of noncompliance involved~~ the ~~subject~~asset-backed ~~transaction~~securities; and

• The extent or scope of any material instance of noncompliance, including any material impacts or effects as a result of the material instances of noncompliance that have affected payments or expected payments on the asset-backed securities; and4

•● The party’s current plans, if any, or actions already undertaken, for remediating the material instance of noncompliance or the impacts caused by the material instance of noncompliance.

The Issuer did not possess any information regarding any of the items above, but the Trustee provided the following information:

Non-compliance - ~~Item~~Items 1122(d)(32)(ivii)(A),(B),(C),(D). Certain ~~reports~~reconciliations ~~to investors~~ were not prepared inon ~~accordance~~a ~~with~~monthly ~~the~~basis ~~timeframes~~for ~~set~~all ~~forth~~asset-backed securities related bank accounts, including custodial accounts, in the ~~transaction~~international ~~agreements~~paper asset classes.

The Trustee advised that the BNY Mellon ABS platform was tested through a process of random sampling of the myriad asset classes that are present on said platform. The asset classes related to the identified non-compliance ~~related~~did not include the asset class relating to ~~credit~~the ~~card~~Issuer’s ~~receivables.~~bonds, ~~The~~and the identified instance of non-compliance did not involve the Issuer. ~~The reports involved in the non-compliance were in the nature of servicing/monthly reports posted to BNY Mellon Investor Reporting website and due to an administrative error~~Accordingly, ~~reports~~this ~~were not posted to BNY Mellon Investor Reporting website in the timeframe prescribed in the governing documents. This~~ non-compliance did not cause any missed payments or miscalculation of payments on the Issuer’s bonds.

The asset classes related to the identified non-compliance related to international paper. The reconciliations involved in the non-compliance were in the nature of certain reconciliations were not prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts, with respect to the international paper asset classes. This non-compliance did not cause any missed payments or miscalculation of payments. The Trustee advised that when its management became aware of such instance, controls designed to prevent such occurrences in the future were implemented. ~~Impacted investors received reports containing accurate information that were not previously distributed.~~ Reports were delivered to investors and timely filed on EDGAR on Form 10-D or Form 10-D/A, as required.

PART III

Item 10. Directors and Executive Officers of the Registrant.

Omitted pursuant to General Instruction J of Form 10-K.

Item 11. Executive Compensation.

Omitted pursuant to General Instruction J of Form 10-K.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

Omitted pursuant to General Instruction J to Form 10-K.

Item 13. Certain Relationships and Related Transactions, and Director Independence.

Omitted pursuant to General Instruction J to Form 10-K.

Item 14. Principal Accountant Fees and Services.

Omitted pursuant to General Instruction J to Form 10-K.

PART IV

Item 15. Exhibits and Financial Statement Schedules.

(a) Documents filed as a part of this report:

1. Financial Statements. Not applicable. 2. Financial Statement Schedules. Not applicable. 3. Exhibits required by Item 601 of Regulation S-K (exhibits marked with an asterisk are filed herewith and the others are incorporated by reference):


			1.			Financial Statements.
						Not applicable.

			2.			Financial Statement Schedules.
						Not applicable.

			3.			Exhibits required by Item 601 of Regulation S-K (exhibits marked with an asterisk are filed herewith and the others are incorporated by reference):

EXHIBIT INDEX

3.1 Articles of Organization and Initial Report of the Issuing Entity (incorporated by reference to exhibit 3.3 included as an exhibit to the Issuing Entity’s Form S-3/A dated August 30, 2011).

3.2 Limited Liability Company Operating Agreement of the Issuing Entity dated as of June 7, 2011 (incorporated by reference to exhibit 3.4 included as an exhibit to the Issuing Entity’s Form S-3/A dated August 30, 2011).

4.1 Indenture dated as of September 1, 2011 between the Issuing Entity and The Bank of New York Mellon providing for the issuance of Senior Secured Investment Recovery Bonds (incorporated by reference to the exhibit with the same numerical designation included as an exhibit to the Issuing Entity’s Report on Form 8-K dated September 22, 2011).

4.2 Form of Investment Recovery Bonds (included as Exhibit A to the Indenture filed as Exhibit 4.1) (incorporated by reference to exhibit 4.1 included as an exhibit to the Issuing Entity’s Report on Form 8-K dated September 22, 2011).

*31.1 Certification pursuant to Rule 13a-14(d)/15d-14(d).

*33.1 Report on assessment of compliance with servicing criteria for asset-backed securities for Entergy Louisiana, LLC.

*33.2 Assertion of compliance with applicable servicing criteria for The Bank of New York Mellon.

*34.1 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of Deloitte & Touche LLP on behalf of Entergy Louisiana, LLC.

*34.2 Attestation report on assessment of compliance with servicing criteria for asset-backed securities of KPMG LLP on behalf of The Bank of New York Mellon.

*35.1 Servicer compliance statement.

99.1 Investment Recovery Property Servicing Agreement dated as of September 1, 2011 between the Issuing Entity and Entergy Louisiana, LLC, as servicer (incorporated by reference to exhibit 99.1 included as an exhibit to the Issuing Entity's Report on Form 8-K dated August 30, 2011).

99.2 Investment Recovery Property Purchase and Sale Agreement dated as of September 1, 2011 between the Issuing Entity and Entergy Louisiana, LLC as seller (incorporated by reference to ~~exhibit99~~exhibit 99.2 included as an exhibit to the Issuing Entity’s Report on Form 8-K dated August 30, 2011).

99.3 Administration Agreement dated as of September 1, 2011 between the Issuing Entity and Entergy Louisiana, LLC, as administrator (incorporated by reference to exhibit 99.3 included as an exhibit to the Issuing Entity’s Report on Form 8-K dated August 30, 2011).

(b) See Item 15(a)(3).

Item 16. Form 10-K Summary.

None.

Substitute Information Provided in Accordance with General Instruction J to Form 10-K:

Item 1112(b). Significant Obligors of Pool Assets.

None.

Item 1114(b)(2). Credit Enhancement and Other Support, Except for Certain Derivatives Instruments.

None.

Item 1115(b). Certain Derivatives Instruments.

None.

Item 1117. Legal Proceedings.

None.

Item 1119. Affiliations and Certain Relationships and Related Transactions.

The Company is a wholly-owned subsidiary of Entergy Louisiana, LLC, which is the depositor, sponsor and servicer.

Item 1122. Compliance with Applicable Servicing Criteria.

See Item 9B above and Exhibits 33.1, 33.2, 34.1 and 34.2 under Item 15.

Item 1123 Servicer Compliance Statement.

See Exhibit 35.1 under Item 15.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, this 29th ~~27th~~ day of March, ~~2020~~2021.

ENTERGY LOUISIANA INVESTMENT RECOVERY

FUNDING I, L.L.C.

(Issuing Entity)

By: Entergy Louisiana, LLC, as servicer

By: /s/ Steven C. McNeal

Name: Steven C. McNeal

Title: Vice President and

Treasurer

(Senior officer in charge of the

servicing function of the servicer)

SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

No such annual report, proxy statement, form of proxy or other soliciting material has been sent to its Noteholders. The registrant will not be sending an annual report or proxy material to its Noteholders subsequent to filing this form.

Filing Compare · ENTERGY LOUISIANA INVESTMENT RECOVERY FUNDING I, L.L.C.