When did Cleco sell out?

March 28, 2016
On March 28, 2016, the Louisiana Public Service Commission in a 4-1 vote approved the sale of Cleco for $4.9 billion to a foreign purchasing group led by Macquarie Infrastructure and Real Assets, British Columbia Investment Management Corporation, John Hancock Financial, and other infrastructure investors.

Who bought cleco?

Cleco announced on Oct. 20, 2014, that it agreed to be acquired by a North American-led investor group for $55.37 per share in cash, or approximately $3.4 billion.

Why is my cleco bill so high?

Cleco attributes the following factors as contributing to higher customer bills: 2020 hurricanes, increases in operating costs and new rate structure, extremely high temperatures and February ice storms, and rising fuel costs.

Who owns cleco electric?

Cleco Group LLC
Cleco Corporate Holdings LLC/Parent organizations

Where does Cleco power come from?

In 1993 the fuel sources for CLECO’s share of power generated by plants operated by the company were 47.8% natural gas, 32.7% lignite, and 19.5% coal. Lignite is the company’s least expensive fuel source.

Where does cleco get its power from?

Dolet Hills Power Station | Cleco. Dolet Hills Power Station sits on a 30,000-acre site and went into operation in 1986. It generates 650 megawatts of electricity using lignite, a type of coal mined in DeSoto and Red River parishes. It is the only plant in the state fueled by lignite.

How many employees does cleco have?

1,500 employees
Cleco Corporate Holdings LLC is a regional energy holding company that conducts its business operations through two subsidiaries, Cleco Power and Cleco Cajun. Headquartered in Pineville, Louisiana, and in business since 1935, the company has almost 1,500 employees.

What is cleco number?

1 (800) 622-6537
Cleco Corporate Holdings LLC/Customer service

Can you pay Cleco online?

KUBRA is a company Cleco has contracted with to allow customers to pay their bills by checking/savings account or credit/debit card, and available 24 hours a day. KUBRA takes Cleco payments online and by phone. For each payment, KUBRA charges a $2.50 processing fee.

Does cleco work all night?

If you contact Cleco’s call center after regular business hours, which are 7 a.m. to 7 p.m. Monday through Friday, you will get our automated phone system. However, staff is available 24 hours a day, seven days a week to take reports of power outages and other electric emergencies.

How does cleco make electricity?

It generates 650 megawatts of electricity using lignite, a type of coal mined in DeSoto and Red River parishes. It is the only plant in the state fueled by lignite. Cleco Power operates the plant and owns half, 325 megawatts, of the plant’s generating capacity.

How do I talk to a person at Cleco?

You can report an emergency, such as a downed power line or a fire, report a power outage, request an extension or obtain account information through Cleco’s customer call center at 1-800-622-6537.