| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
- |
| Revenues (TTM) (Millions $) |
334 |
| Net Income (TTM) (Millions $) |
-20 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
79 |
Business Description
Cleco Corporate Holdings LLC is a publicly traded holding company that owns Cleco Power LLC, a regulated electric utility company that serves more than 290,000 customers in Louisiana.
Cleco Power LLC is the largest regulated electric utility in Louisiana in terms of customers served. The company operates a diverse mix of generation resources, including coal, natural gas, and renewable energy sources like solar and wind. It also owns and operates a transmission system that includes over 3,300 miles of high-voltage transmission lines, as well as over 680 distribution substations and more than 12,500 miles of distribution lines.
Cleco Corporate Holdings LLC was founded in 1935 as Central Louisiana Electric Company and was later renamed to Cleco Corporation. In 2015, the company was acquired by an investment group led by Macquarie Infrastructure and Real Assets. Under the new ownership, Cleco Corporate Holdings LLC continues to operate as a fully integrated electric utility company and maintains its headquarters in Pineville, Louisiana.
Cleco Corporate Holdings LLC is also committed to giving back to the communities it serves by supporting local organizations and charities through its Cleco Foundation. The foundation supports a wide range of programs, including education, health and human services, economic development, and cultural activities.
In recent years, Cleco Corporate Holdings LLC has been recognized for its commitment to sustainability and innovation. The company has invested in renewable energy sources and has implemented energy efficiency programs to reduce the environmental impact of its operations. Cleco Corporate Holdings LLC is also dedicated to advancing technology and innovation in the energy industry, including investments in electric vehicle charging stations and other clean energy solutions.
Overall, Cleco Corporate Holdings LLC is an innovative and socially responsible electric utility company that is committed to delivering reliable and affordable energy to its customers while also investing in the communities it serves.
Company Address: 82 Richmond Street East Ontario 0 NY
Company Phone Number: 451-2727 Stock Exchange / Ticker: NYSEAMER CNL
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