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June 02, 2015 2:47 PM ET

Electric Utilities

Company Overview of Cleco Power LLC

Company Overview

Cleco Power LLC, an electric utility company, generates, transmits, distributes, and sells electricity in Louisiana. As of December 31, 2013, it owned or had an ownership interest in 3 steam electric generating stations, 2 gas turbines, and 2 combined cycle units with a combined nameplate capacity of 3,340 MW and a combined electric net generating capacity of 3,233 MW; and owned 81 active transmission substations and 221 active distribution substations. The company also had transmission systems consisting of approximately 67 circuit miles of 500-kiloVolt (kV) lines; 534 circuit miles of 230-kV lines; 671 circuit miles of 138 kV lines; and 28 circuit miles of 69-kV lines, as well as a distrib...

2030 Donahue Ferry Road

Pineville, LA 71360

United States

1,001 Employees

Phone:

318-484-7400

Key Executives for Cleco Power LLC

Chief Executive Officer and Manager
Age: 55
President
Age: 43
Chief Financial Officer, Senior Vice President and Treasurer
Age: 53
Senior Vice President, Director of Regulatory Compliance and General Counsel
Age: 58
Senior Vice President of Corporate Services & Information Technology
Age: 56
Compensation as of Fiscal Year 2014.

Cleco Power LLC Key Developments

Cleco Power LLC Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Cleco Power LLC announced unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced diluted earnings per share of $0.53 compared to $0.44 for the same period a year ago. For the year, the company announced diluted earnings per share of $2.54 compared to $2.47 for the same period a year ago.

Cleco Power LLC Announces Earnings Results for the Nine Months of 2014

Cleco Power LLC announced earnings results for the nine months of 2014. The company reported nonfuel base revenue was up $0.17 per share from this time last year. Higher unbilled revenues also increased earnings by $0.05 per share.

Cleco Power LLC Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Cleco Power LLC reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s diluted EPS was $0.53 against $0.57 a year ago. For the six months, the company’s diluted EPS was $0.97 against $1.03 a year ago.

Similar Private Companies By Industry

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Recent Private Companies Transactions

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