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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets and Liabilities
The following table summarizes the balance of the securitized intangible asset subject to amortization included on Cleco’s and Cleco Power’s Consolidated Balance Sheets:

AT DEC. 31,
(THOUSANDS)20232022
Storm Recovery Property intangible asset$415,946 $415,946 
Accumulated amortization(17,288)(2,823)
Net intangible asset subject to amortization$398,658 $413,123 
The following table summarizes the balance of other intangible assets subject to amortization included in Cleco’s Consolidated Balance Sheets:

Cleco
AT DEC. 31,
(THOUSANDS)20232022
Power supply agreements intangible assets
$85,104 $85,104 
Accumulated amortization(74,471)(65,018)
Net intangible assets subject to amortization$10,633 $20,086 
Schedule of Amortization of Other Intangible Assets and Liabilities Amortization of capitalized computer software costs charged to expense in Cleco’s and Cleco Power’s Consolidated Statements of Income for the years ending December 31, 2023, 2022, and 2021 is shown in the following tables:
Cleco
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202320222021
Amortization
$11,092 $11,881 $11,561 
The following table presents amortization of other intangible assets in Cleco’s Consolidated Statements of Income:

Cleco
 FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202320222021
Intangible assets
Trade name$ $— $3,897 
Power supply agreements$9,454 $9,680 $9,680 
An impairment on the Trade name intangible asset was recognized in 2021. No other impairments for intangibles listed in the table above were recognized in 2023, 2022, or 2021.
Schedule of Amortization Expense Related to Other Assets and Liabilities
The following table summarizes the amortization expense related to other intangible assets expected to be recognized in Cleco’s Consolidated Statements of Income:

(THOUSANDS)INTANGIBLE ASSETS
For the year ending Dec. 31,
2024$2,881 
2025$744 
2026$744 
2027$744 
2028$744 
Thereafter$4,775 
Cleco Power  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets and Liabilities
The following table summarizes the balance of the securitized intangible asset subject to amortization included on Cleco’s and Cleco Power’s Consolidated Balance Sheets:

AT DEC. 31,
(THOUSANDS)20232022
Storm Recovery Property intangible asset$415,946 $415,946 
Accumulated amortization(17,288)(2,823)
Net intangible asset subject to amortization$398,658 $413,123 
Schedule of Amortization of Other Intangible Assets and Liabilities
Cleco Power
FOR THE YEAR ENDED DEC. 31,
(THOUSANDS)202320222021
Amortization
$10,650 $11,614 $11,268