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    Cleco Corporation (CNL)

    50.02 Up 0.08(0.16%) Nov 27, 1:03PM EST
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    Cleco Corporation
    2030 Donahue Ferry Road
    Pineville, LA 71360
    United States - Map
    Phone: 318-484-7400
    Website: http://www.cleco.com

    Index Membership:N/A
    Industry:Electric Utilities
    Full Time Employees:1,206

    Business Summary 

    Cleco Corporation operates as a public utility holding company primarily in Louisiana. The company, through its subsidiary, Cleco Power LLC, engages in the generation, transmission, distribution, and sale of electricity to approximately 286,000 customers in Louisiana through its retail business; and supplies wholesale power in Louisiana and Mississippi. As of December 31, 2014, it had ownership interests in 3 steam electric generating stations, 2 gas turbines, 2 combined cycle unit with a combined nameplate capacity of 3,340 megawatts, and a combined electric net generating capacity of 3,233 megawatts; and 81 active transmission substations and 221 active distribution substations. The company also owned transmission system consisted 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 distribution system consisted of approximately 3,649 circuit miles of 34.5-kV lines and 8,264 circuit miles of other lines. Cleco Corporation also owns and operates a 775 MW combined-cycle natural gas-fired power plant in St. Landry, Louisiana; and owns natural gas pipelines and 2 transmission interconnection facilities. The company was founded in 1934 and is headquartered in Pineville, Louisiana.

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    Corporate Governance 
    Cleco Corporation’s ISS Governance QuickScore as of Nov 1, 2015 is 3. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 7; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Bruce A. Williamson , 56
    Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee
    Mr. Thomas R. Miller , 54
    Chief Financial Officer, Sr. VP and Treasurer
    Ms. Judy P. Miller , 57
    Sr. VP of Corp. Services & Information Technology
    Mr. Wade A. Hoefling , 59
    Sr. VP, Director of Regulatory Compliance and Gen. Counsel
    Mr. William L. Marks , 71
    Mang. of Cleco Power, Director, Member of Exec. Committee, Member of Compensation Committee and Member of Fin. Committee
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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