Cleco Power entered a cost reimbursement agreement in December 2025 and executed an electric service agreement on April 20, 2026 with a data center developer that is a related party through MAM. The service agreement includes additional credit support, including a substantial letter of credit. Amounts received are recorded as CIAC and fund project construction costs.
Cleco PowerMAM Source: Cleco Corporate Holdings LLC 10-Q, filed Nov 6, 2026