Cleco Corp is an energy services company headquartered in Pineville, Louisiana. Its two main businesses are: (a) Cleco Power, a regulated electric public utility engaged in the generation, purchase, transmission, distribution and sale of electric power at retail and wholesale; and (b) Cleco Midstream, a wholesale energy business. Cleco Midstream has an indirect 50% ownership interest in Acadia, which is an exempt wholesale generator (EWG). Acadia owns and operates a 1,160-MW electric generating facility located in Eunice, Louisiana. Cleco Midstream also owns Exxxxxxxxx, an EWG that owns and operates a 775-MW combined-cycle natural gas-fired electric generation facility located in St. Lxxxxx, Louisiana. Exxxxxxxxx has entered into a Capacity Sale and Tolling Agreement with a third party pursuant to which, for 20 years, it will supply the natural gas needed to fuel the plant and has the right to own, dispatch and market the electricity produced by the facility. Cleco Power, Acadia and Exxxxxxxxx are power marketers and, as such, have market-based rate authority, which are conditioned upon compliance with their codes of conduct. Cleco Midstream also owned Perryville Energy Partners, L.L.C. (Perryville) until February 1, 2007, when Perryville became a direct subsidiary of Cleco Corp. Prior to June 30, 2005, Perryville was an EWG engaged in the generation and wholesale sale of electric energy from its 718-MW natural gas-fired generating facility located near Perryville, Louisiana (the Perryville Generating Facility). On June 30, 2004, Perryville sold the Perryville Generating Facility to Entergy Louisiana, Inc. (EXX) and, as of July 1, 2005, Perryville provides interconnection service to EXX pursuant to an agreement accepted by the Commission. Cleco Support is a subsidiary of Cleco Corp that performs various support services for Cleco’s other subsidiaries.
Cleco Corp shall maintain a “Hotline” telephone number so infractions, if any, of the Commission’s rules, can be reported anonymously to the CCO and make this number readily available to its employees. Cleco may combine this Hotline with its Ethics Helpline.
