Cleco Corp.

Cleco Corp.

Sector: Electric Services Region: LA, United States

: | New York Stock Exchange: CNL

Similar to: Northland Power, Inc., Drax Group Plc, CenterPoint Energy, Inc.

Cleco Corp. is a regional energy company, which generates, transmits and distributes electric energy. The company owns a regulated electric utility company, Cleco Power LLC, which owns generating units and serves customers in Louisiana and Mississippi through retail business and wholesale power contracts. Cleco Power is an investor-owned electric utility, which houses the corporation's utility operations and assets. It also owns a wholesale energy business, Cleco Midstream Resources LLC, which owns natural gas-fired generating units and houses its unregulated power generation facilities. Cleco's other activities are conducted through its subsidiary, Cleco Support Group LLC, a shared-services company that offers human resources, financial and accounting services, information technology services, procurement, audit services, corporate and strategic communications, and safety and environmental services. Cleco was founded by Floyd Wilson Woodcock in 1934 and is headquartered in Pineville, LA.

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