Cleco Corporate Holdings LLC - Company Profile
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Cleco Corporate Holdings LLC (Cleco Holdings), a subsidiary of Cleco Group LLC is an energy holding company. Through its subsidiaries, primarily through Cleco Power, the company generates, transmits, distributes, and sells electricity. It produces electricity using coal, natural gas, petroleum coke and lignite sources with steam, combined cycle, and combustion technologies; and holds interests in lignite mines. Cleco Holdings also provides commercial lighting services, customer assistance programs, and promotes energy efficiency and use of electric vehicles. The company retails electricity to industrial, commercial, residential and other customers in Louisiana and sells electric energy to customers in Louisiana and Mississippi on wholesale basis. Cleco Holdings is headquartered in Pineville, Louisiana, the US.
Headquarters
United States of America
Address
P.O. Box 5000, 2030 Donahue Ferry Road, Pineville, Louisiana, 71361
Website
www.cleco.com
Telephone
1 318 4847400
No of Employees
1,330
Industry
Power
Revenue (2022)
$2.2B
Cleco Corporate Holdings LLC premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Transmission |
| Electricity Distribution | |
| Energy Efficiency Programs |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company's direct and indirect subsidiaries entered into a purchase and sale agreement with certain affiliates of Atlas Capital Resources IV LP to sell their unregulated electric utility business. |
| 2022 | Contracts/Agreements | In August, the company's subsidiary Cleco Power entered into an agreement with D.E. Shaw Renewable Investments for Dolet Hills Solar Project includes a 240 MWac facility to be constructed at Dolet Hills lignite-fired power plant in DeSoto Parish, Louisiana, the US. |
| 2019 | Contracts/Agreements | In April, the company along with Entergy Louisiana completed the 36-mile transmission line operated at 230 kV, to reinforce service reliability across southeast Louisiana. |
Competitor Comparison
| Key Parameters | Cleco Corporate Holdings LLC | OGE Energy Corp | Black Hills Corp | ALLETE Inc | Avista Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Pineville | Oklahoma City | Rapid City | Duluth | Spokane |
| State/Province | Louisiana | Oklahoma | South Dakota | Minnesota | Washington |
| No. of Employees | 1,330 | 2,329 | 2,874 | 1,513 | 1,858 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peggy B. Scott | Chairman | Executive Board | 2017 | 71 |
| William G. Fontenot | Director; President; Chief Executive Officer | Executive Board | 2018 | 60 |
| Kristin Guillory | Chief Financial Officer | Senior Management | 2021 | 40 |
| F. Tonita Laprarie | Controller; Chief Accounting Officer | Senior Management | 2016 | 56 |
| Normanique G. Preston | Chief Human Resources & Diversity Officer | Senior Management | 2019 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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