News - Cleco Power LLC
SHREVEPORT, La., April 30 /PRNewswire/ -- AEP Southwestern Electric Power Co. (SWEPCO) and its subsidiary Dolet Hills Lignite Co.
Cleco Corp. (NYSE: CNL) reported today 2008 third-quarter net income applicable to common stock of $37.1 million, down $30.9 million from the $68.0 million recorded in the third quarter of 2007.
Cleco Corp. (NYSE: CNL) reported today 2008 second-quarter net income applicable to common stock of $29.4 million, up $14.3 million from the $15.1 million recorded in the second quarter of 2007, excluding the $48.1 million net gain from the settlement of claims against Calpine Energy Services L.P.
Cleco Corp. (NYSE: CNL) reported today 2008 first-quarter net income applicable to common stock of $22.1 million, up $13.9 million from the $8.2 million recorded in the first quarter of 2007.
Cleco Power LLC, a subsidiary of Cleco Corp. (NYSE: CNL), recently entered into a Cooperative Research and Development Agreement with the U.S. Army Corps of Engineers Engineer Research and Development Center (ERDC) to study the potential for geothermal energy in Louisiana.
