Cleco Corp.: Cleco begins serving Dixie Electric Membership Electric Corporation

     Cleco Corp.: Cleco begins serving Dixie Electric Membership Electric                                  Corporation  Contract increases utility's load by approximately 20 percent  PINEVILLE, LA., April 1, 2014 - Cleco Power LLC, the regulated utility subsidiary of Cleco Corporation (NYSE:CNL), today announced that it is now serving wholesale power to Dixie Electric Membership Corporation (DEMCO). The 10-year full-requirements contract provides DEMCO with capacity, energy and services, and ensures the cooperative has reliable power at a competitive price to serve its growing customer base. The addition of this agreement will increase Cleco Power's load by approximately 20 percent.  "We are happy to begin serving DEMCO and its suburban Baton Rouge customers," said Bruce Williamson, president and CEO of Cleco Corporation. "Our generation fleet, fueled by multiple fuel types, will insulate DEMCO from risks related to generation tied to a single fuel source or individual power plant. Our entire fleet is well-positioned to support DEMCO's growing power needs, and we look forward to a productive relationship as we work together to expand and strengthen both of our companies."  In addition to the power services agreement, Cleco and DEMCO will work together on economic development efforts and other aspects of a utility's core business.  The DEMCO agreement received state regulatory approval October 2012 and was associated with Cleco Power's resource plan that was a catalyst for the utility's 2012 long-term request for proposal seeking generation supply. In December 2013, Cleco Corporation received state regulatory approval to transfer Coughlin Power Station (Coughlin), the winner of the proposal, to its regulated utility from its unregulated subsidiary, Cleco Midstream. Coughlin is a combined-cycle natural gas-fired generator located in St. Landry.  "We recently strengthened our plants' diversity when we transferred Coughlin to our regulated fleet, providing further protection to DEMCO as well as our traditional retail customers from commodity price swings and environmental regulations," said Williamson. "The plant also supports our utility's future retail and wholesale expansion with its attractive heat rate that provides efficient operation and economical power."  DEMCO services approximately 103,000 customers in a seven-parish area and currently has a peak load of approximately 600 megawatts.    Please note: This news release contains forward-looking statements about future results and circumstances. There are many risks and uncertainties with respect to such forward-looking statements, including the weather and other natural phenomena, state and federal legislative and regulatory initiatives, the timing and extent of changes in commodity prices and interest rates, the operating performance of Cleco Power's facilities, the impact of the global economic environment, and other risks and uncertainties more fully described in the company's latest Annual Report on Form 10-K. Actual results may differ materially from those indicated in such forward-looking statements.    Cleco Corporation is a regional energy company headquartered in Pineville, La.Cleco owns a regulated electric utility company, Cleco Power LLC, which owns 11 generating units with a total nameplate capacity of 3,340 megawatts. The utility serves approximately 284,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi. For more information about Cleco, visit www.cleco.com.          ###    Media Contact:  Robbyn Cooper robbyn.cooper@cleco.com 318-484-7136  ------------------------------------------------------------------------------  This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Cleco Corp. via Globenewswire HUG#1773455