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Stock Market & Financial Investment News

News Breaks
December 4, 2012
16:37 EDTCNLCleco issues long-term CapEx view
The preliminary capital spending plan for 2013 is $241M, and 2013 through 2017 consists of about $734M, including approximately $597M of maintenance capital for Cleco Power and Cleco Midstream. An estimated $137M will be used to meet the environmental requirements of the Mercury and Air Toxics Rule and other environmental improvements and complete an advanced metering upgrade project.
News For CNL From The Last 14 Days
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July 27, 2015
16:37 EDTCNLCleco reports Q2 EPS 53c, consensus 51c
"We continue to feel the financial impact in 2015 as a result of the lower rates associated with our July 2014 formula rate plan extension and the loss of a wholesale customer late last year," said Bruce Williamson, chairman, president and CEO of Cleco Corporation. "We are maintaining our operational focus as we enter the second half of the year and continue our efforts to complete our strategic transaction to deliver exceptional value to our public shareholders during the fourth quarter."

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