Atlanta, GA (March 15, 2013) Cleco upgraded to the most recent version of the PowerPlan suite, 10.4 with Tax Repairs. This implementation will keep Cleco ahead of the curve with the latest functionality. The release includes PowerPlan’s new Tax Repairs module which has the potential for significant acceleration of tax benefits
About Cleco Corporation:
Cleco Corporation operates as a utility holding company primarily in Louisiana. The company, through its subsidiary, Cleco Power, engages in the generation, transmission, distribution, and sale of electricity to approximately 283,000 customers in Louisiana; and 10 communities in Louisiana and Mississippi. As of December 31, 2012, it had ownership interests in 3 steam electric generating stations, 2 gas turbines, 1 combined cycle unit with a combined nameplate capacity of 2,565 megawatts, and a combined electric net generating capacity of 2,436 megawatts; and 74 active transmission substations and 222 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 3,609 circuit miles of 34.5-kV lines and 8,221 circuit miles of other lines. Cleco Corporation, through its other subsidiary, Midstream, also owns and operates a combined-cycle natural gas-fired power plant; and owns a natural gas interconnection system. The company was founded in 1934 and is based in Pineville, Louisiana.
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