Debt

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Debt

Note 7 — Debt

At March 31, 2021, Cleco Power had $135.0 million of borrowings outstanding under its $300.0 million revolving credit facility at an all-in interest rate of 1.35%. The borrowing costs under the agreement currently are equal to LIBOR plus 1.25% or ABR plus 0.25%, plus commitment fees of 0.15%.