EX-25.1 5 a2182800zex-25_1.htm EXHIBIT 25.1
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 25.1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)

U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall    
Minneapolis, Minnesota   55402
(Address of principal executive offices)   (Zip Code)

Melissa A. Rosal
U.S. Bank National Association
209 S. LaSalle Street, Suite 300
Chicago, Illinois 60604
(312) 325-8904
(Name, address and telephone number of agent for service)

Cleco Katrina/Rita Hurricane Recovery Funding LLC
(Issuer with respect to the Securities)

Louisiana   26-1338431
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification No.)

2605 Hwy. 28 East
Office Number 12
 
 
Pineville, Louisiana   71360-5226
(Address of Principal Executive Offices)   (Zip Code)

2008 Senior Secured Storm Recovery Bonds
(Title of the Indenture Securities)

FORM T-1

Item 1.    GENERAL INFORMATION. Furnish the following information as to the Trustee.

    a)
    Name and address of each examining or supervising authority to which it is subject.

        Comptroller of the Currency
        Washington, D.C.

    b)
    Whether it is authorized to exercise corporate trust powers.

        Yes

Item 2.    AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.

        None

Items 3-15    Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.

Item 16.    LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

    1.
    A copy of the Articles of Association of the Trustee.*

    2.
    A copy of the certificate of authority of the Trustee to commence business.*

    3.
    A copy of the certificate of authority of the Trustee to exercise corporate trust powers.*

    4.
    A copy of the existing bylaws of the Trustee.**

    5.
    A copy of each Indenture referred to in Item 4. Not applicable.

    6.
    The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

    7.
    Report of Condition of the Trustee as of September 30, 2007 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
    *
    Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

    **
    Incorporated by reference to Exhibit 25.1 to registration statement on S-4, Registration Number 333-145601 filed on August 21, 2007.

2

SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago, State of Illinois on the 15th of February, 2008.

      By: /s/ Melissa A. Rosal
Melissa A. Rosal
Vice President

By:
/s/ Nancie J. Arvin
Nancie J. Arvin
Vice President
 
 
 

3

Exhibit 6

CONSENT

        In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: Februay 15, 2008

      By: /s/ Melissa A. Rosal
Melissa A. Rosal
Vice President

By:
/s/ Nancie J. Arvin
Nancie J. Arvin
Vice President
 
 
 

4

Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 9/30/2007

($000's)

 
   9/30/2007
Assets      
  Cash and Due From Depository Institutions   $ 6,710,248
  Securities     39,854,938
  Federal Funds     3,917,791
  Loans & Lease Financing Receivables     147,446,753
  Fixed Assets     2,385,656
  Intangible Assets     11,966,716
  Other Assets     13,693,927
   
  Total Assets   $ 225,976,029

Liabilities
 
 
 
  Deposits   $ 133,188,625
  Fed Funds     12,571,367
  Treasury Demand Notes     0
  Trading Liabilities     234,272
  Other Borrowed Money     41,979,138
  Acceptances     0
  Subordinated Notes and Debentures     7,697,466
  Other Liabilities     8,035,934
   
  Total Liabilities   $ 203,706,802

Equity
 
 
 
  Minority Interest in Subsidiaries   $ 1,542,042
  Common and Preferred Stock     18,200
  Surplus     12,057,531
  Undivided Profits     8,651,454
   
    Total Equity Capital   $ 22,269,227

Total Liabilities and Equity Capital
 
$
225,976,029

        To the best of the undersigned's determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

By:   /s/ Melissa A. Rosal
Vice President		        

Date: February 15, 2008

5



QuickLinks