EnergyDeal
Cleco Power executes electric service agreement with a data center developer and has billed it $129.2 million
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.
- Size
- $129.2 mn
- Companies
- Cleco Power, MAM
- Source
- Cleco Corporate Holdings LLC 10-Q, filed Nov 6, 2026
- Published here
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