0001089819-13-000059.txt : 20131219 0001089819-13-000059.hdr.sgml : 20131219 20131219071811 ACCESSION NUMBER: 0001089819-13-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20131219 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20131219 DATE AS OF CHANGE: 20131219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLECO CORP CENTRAL INDEX KEY: 0001089819 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 721445282 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15759 FILM NUMBER: 131286982 BUSINESS ADDRESS: STREET 1: 2030 DONAHUE FERRY ROAD CITY: PINEVILLE STATE: LA ZIP: 71360-5226 BUSINESS PHONE: 3184847400 MAIL ADDRESS: STREET 1: PO BOX 5000 CITY: PINEVILLE STATE: LA ZIP: 71361-5000 FORMER COMPANY: FORMER CONFORMED NAME: CLECO HOLDING CORP DATE OF NAME CHANGE: 19990630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLECO POWER LLC CENTRAL INDEX KEY: 0000018672 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 720244480 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05663 FILM NUMBER: 131286983 BUSINESS ADDRESS: STREET 1: 2030 DONAHUE FERRY ROAD CITY: PINEVILLE STATE: LA ZIP: 71360-5226 BUSINESS PHONE: 3184847400 MAIL ADDRESS: STREET 1: 2030 DONAHUE FERRY ROAD CITY: PINEVILLE STATE: LA ZIP: 71360-5226 FORMER COMPANY: FORMER CONFORMED NAME: CLECO UTILITY GROUP INC DATE OF NAME CHANGE: 19990708 FORMER COMPANY: FORMER CONFORMED NAME: CENTRAL LOUISIANA ELECTRIC CO INC DATE OF NAME CHANGE: 19920703 8-K 1 clecocorp8k_121913.htm 8-K clecocorp8k_121913


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): December 19, 2013
CLECO CORPORATION
(Exact name of registrant as specified in its charter)
Louisiana
1-15759
72-1445282
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
 
Identification No.)
2030 Donahue Ferry Road
 
Pineville, Louisiana
71360-5226
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (318) 484-7400
CLECO POWER LLC
(Exact name of registrant as specified in its charter)
Louisiana
1-05663
72-0244480
(State or other jurisdiction
(Commission File Number)
(IRS Employer
of incorporation)
 
Identification No.)
2030 Donahue Ferry Road
 
Pineville, Louisiana
71360-5226
(Address of principal executive offices)
(Zip Code)
 
 
Registrant's telephone number, including area code: (318) 484-7400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))








Item 7.01 Regulation FD Disclosure.
 
     As previously reported, Cleco Power LLC (“Cleco Power”), a wholly owned subsidiary of Cleco Corporation, has been taking steps since 2009 to join the Midcontinent Independent System Operator, Inc. (MISO), a multi-regional transmission organization, as a fully integrated transmission-owning member. On December 19, 2013, Cleco Power successfully integrated into the MISO market. MISO offers customers more reliable power through regional transmission planning and coordination. Cleco Power will retain ownership of its transmission system and maintain responsibility for local system reliability planning as a MISO member. A copy of the press release announcing the successful integration to MISO is furnished herewith as Exhibit 99.1.
 
Item 8.01 Other Events.
 
     Please see the disclosure set forth under “Item 7.01 Regulation FD Disclosure”, which is incorporated by reference into this Item 8.01.
 
     The information set forth in Exhibit 99.1 is being furnished, not filed, for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities under that section. Accordingly, the information in Exhibit 99.1 will not be incorporated by reference into any registration statement filed by Cleco Corporation or Cleco Power, under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this report is not intended to, and does not, constitute a determination or admission by Cleco Corporation or Cleco Power that the information in this report is material or complete, or that investors should consider this information before making an investment decision with respect to any security of Cleco Corporation or of any of its subsidiaries, including Cleco Power.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
The following exhibit is furnished herewith:
 
99.1 Press Release issued December 19, 2013, regarding Cleco Power's integration into MISO.
 







SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



 
CLECO CORPORATION
 
 
 
 
 
 
Date: December 19, 2013
By: /s/ Terry L. Taylor
 
Terry L. Taylor
 
Controller and Chief Accounting Officer



Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



 
CLECO POWER LLC
 
 
 
 
 
 
Date: December 19, 2013
By: /s/ Terry L. Taylor
 
Terry L. Taylor
 
Controller and Chief Accounting Officer










EXHIBIT INDEX

Exhibit Number
Exhibit Description
 
 
99.1
Press Release issued December 19, 2013, regarding Cleco Power's integration into MISO.




EX-99.1 2 exhibit991_121913.htm EXHIBIT 99.1 exhibit991_121913


EXHIBIT 99.1

Cleco completes successful integration into MISO
PINEVILLE, La., Dec. 19, 2013 - Today, Cleco Power LLC, Cleco Corporation’s (NYSE: CNL) regulated utility subsidiary, successfully integrated into the Midcontinent Independent System Operator, Inc. (MISO) market.
“Our success started with a concept in 2009 and required the focus of many employees led by a core Cleco team to make this day a reality,” said Darren Olagues, president of Cleco Power. “With MISO membership, we begin a new chapter in our utility’s history. MISO, as a multi-regional transmission organization, offers better use of resources through a coordinated effort. We are changing the way we deliver power, and this is a positive step for our customers and company.”
MISO offers Cleco customers more reliable power through regional transmission planning and coordination. The organization also has the ability to make dispatch decisions that produce highly competitive pricing throughout its large energy and ancillary services market.
“We look forward to working with our new members in the South Region to meet stakeholder needs and provide increased reliability and significant economic benefits,” said John Bear, president and CEO of Midcontinent Independent System Operator.

“As this new market operates and matures, we anticipate transmission investment opportunities and a broader wholesale energy market that could result in growth for our company,” said Olagues.
Cleco will retain ownership of its transmission system and maintain responsibility for local system reliability planning as a MISO member.
Cleco Corporation is a regional energy company headquartered in Pineville, La.  Cleco owns a regulated electric utility company, Cleco Power LLC, which owns nine generating units with a total nameplate capacity of 2,565 megawatts and serves approximately 283,000 customers in Louisiana through its retail business and 10 communities across Louisiana and Mississippi through wholesale power contracts. Cleco Power has received federal and state regulatory approval to acquire two gas-fired generating units with a total nameplate capacity of 775 megawatts from its unregulated affiliate, Cleco Midstream Resources LLC. For more information about Cleco, visit www.cleco.com.

In this press release, and from time to time, Cleco Corporation makes certain forward-looking statements about future results and circumstances, including, without limitation, statements regarding future earnings, capital expenditures, project completion dates and total shareholder return, with respect to which there are many risks and uncertainties.  Although Cleco believes that expectations reflected in such forward-looking statements are based on reasonable assumptions, Cleco can give no assurances that these expectations will prove to be correct or that other benefits anticipated in the forward-looking statements will be achieved.  For a discussion of risk factors and other factors that may cause the company’s actual results to differ materially from those contemplated in its forward-looking statements, please refer to the company’s filings with the Securities and Exchange Commission, including its 2012 Annual Report on Form 10-K and 2013 Quarterly Reports on Form 10-Q.
 


Analyst and Media Contact:
Robbyn Cooper
(318) 484-7136

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