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Cleco Corporate Holdings LLC

What Do They Do?

Generates, transmits, distributes, and sells electricity to Louisiana retail customers and supplies wholesale power to electric cooperatives and municipalities.

How Do They Make Money?

Retail customers are billed monthly for electricity as it is delivered, with payment generally due within 20 days. Electric cooperatives and municipalities pay for delivered power and for capacity each month; transmission customers pay as service is provided.

revenue

Who Are Their Customers?

Serves residential, commercial, and industrial electricity customers in Louisiana, and sells wholesale power to electric cooperatives and municipalities.

Do Revenues Turn Into Profits?

Yes. It kept 15 cents of every revenue dollar as net income in .

Operating income,
27% of revenue
▲ +57% vs ($227.5M, 20%)
Net income,
15% of revenue
▲ +77% vs ($110.4M, 10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +6%
vs $321.8M in Q2 FY2025
Net income
▲ +4%
vs $47.9M in Q2 FY2025
  • Apr 27, 2026 Cleco Partners agreed to sell Cleco Group to Stonepeak- and Bernhard Capital-backed buyers The deal requires regulatory approvals and other closing conditions.

Shrinking. Revenue fell 24% in 4 years, from $1.7B in to $1.3B in , about 7% a year.

Cleco Cajun exit Cleco's described portfolio shifted from Cleco Power and Cleco Cajun to Cleco Power as its principal operating business; the Cleco Cajun divestiture closed.

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