Affiliate Transactions

6 Months Ended

Jun. 30, 2022


Note 14 — Affiliate Transactions

At June 30, 2022, Cleco Holdings had an affiliate receivable of $6.9 million, primarily for estimated income taxes and franchise taxes paid on behalf of Cleco Group. At December 31, 2021, Cleco Holdings had an affiliate receivable of $3.0 million primarily for franchise taxes paid on behalf of Cleco Group. At June 30, 2022, and December 31, 2021, Cleco Holdings had an affiliate payable of $10.6 million and $51.3 million, respectively, to Cleco Group primarily for settlement of taxes payable.

Cleco Power has balances that are payable to or due from its affiliates. The following table is a summary of those balances:


	AT JUNE 30, 2022				AT DEC. 31, 2021
(THOUSANDS)	ACCOUNTS RECEIVABLE		ACCOUNTS PAYABLE		ACCOUNTS RECEIVABLE		ACCOUNTS PAYABLE
Cleco Holdings	$	207	$	285	$	10,347	$	59,627
Support Group	1,702		10,006		2,473		10,038
Cleco Cajun	1,300		92		792		64
Total	$	3,209	$	10,383	$	13,612	$	69,729

Of the affiliate payable balance at December 31, 2021, Cleco Power had $59.4 million payable to Cleco Holdings for the settlement of income taxes.

Oxbow bills Cleco Power its proportionate share of incurred costs related to mineral rights and land leases. These costs are included in fuel inventory and are recoverable from Cleco Power customers through the LPSC-established FAC or related wholesale contract provisions. For more information on Cleco Power’s variable interest in Oxbow, see Note 12 — “Variable Interest Entities.”