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Cleco Corporation (NYSE: CNL) is an energy services company based in Pineville, Louisiana. In business since 1935, the company has approximately 1,200 employees serving approximately 284,000 customers in Louisiana. We offer reasonable rates, reliable service and a customer-focused workforce.
We use multiple generating sources and multiple fuels to serve our customers. In addition to power generated by Cleco units, we have access to purchased power when it's needed and when it's more cost effective than our generation.
Our primary businesses/subsidiaries are:
Cleco Power LLC
Cleco Power LLC - is our electric utility that is regulated by the Louisiana Public Service Commission and the Federal Energy Regulatory Commission, and is the only investor-owned electric utility in the state that serves Louisiana exclusively. It houses the corporation's utility operations and assets, including 11,830 miles of distribution lines, 1,300 miles of transmission lines.
Cleco Power ranks among the best in restoring power after a storm and limiting outage numbers. Since 2002, the company has received five national awards for storm response.
- Edison Electric Institute Emergency Response Awards for restoration after 2002 Hurricane Lili, 2005 hurricanes Katrina and Rita and 2008 hurricanes Gustav and Ike.
- Edison Electric Institute Emergency Assistance Award for providing restoration assistance after 2003 Hurricane Isabel, 2004 hurricanes Charley, Frances, Ivan and Jeanne, 2011 Hurricane Irene and a late October snowstorm in the Northeast, and 2012 Hurricane Sandy and a windstorm in the Midwest and Mid-Atlantic.
Cleco Midstream Resources LLC
Cleco Midstream Resources LLC - is our wholesale energy business which houses the corporation's unregulated power generation facilities with approximately 775 megawatts of capacity in Louisiana.
Midstream evolved from Cleco's long history and vast experience in managing and operating power plants. We saw opportunities to build on our skills and experience in the power generation business and develop valuable assets to meet demands for power.
Since its inception in 1998, Midstream has brought three highly efficient, state-of-the art power plants online, two of which have been sold. It owns and operates one wholesale generating plant.
Cleco Support Group LLC
Cleco Support Group LLC is a shared-services subsidiary. Its function is to enhance the revenues and profitability of Cleco's subsidiaries through cost-effective support services. Some of the services provided include human resources, financial and accounting services, information technology services, procurement, audit services, internal and external communications, and safety and environmental services.