XML 110 R92.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt - Total Indebtedness (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 14, 2023
Dec. 31, 2022
Debt Instrument [Line Items]      
Long-term debt due within one year $ (66,497)   $ (230,524)
Finance leases classified as long-term debt due within one year (925)   (836)
Unamortized debt issuance costs (2,776)   (3,877)
Fair value adjustment 97,345   104,748
Total long-term debt and finance leases, net 3,141,924   3,139,094
Deferred debt issuance costs eliminated as a result of the 2016 Merger $ 4,300   4,600
Senior notes, 3.250%, due 2025      
Debt Instrument [Line Items]      
Interest rate 3.25%    
Gross debt $ 165,000   165,000
Senior notes, 3.743%, due 2026      
Debt Instrument [Line Items]      
Interest rate 3.743%    
Gross debt $ 535,000   535,000
Senior notes, 3.375%, due 2029      
Debt Instrument [Line Items]      
Interest rate 3.375%    
Gross debt $ 300,000   300,000
Senior notes, 4.973%, due 2046      
Debt Instrument [Line Items]      
Interest rate 4.973%    
Gross debt $ 350,000   350,000
Bank term loan, variable rate, due 2024      
Debt Instrument [Line Items]      
Bank term loan, variable rate, due 2024 66,700   132,300
Cleco Power      
Debt Instrument [Line Items]      
Gross debt 1,765,426   1,775,000
Barge lease obligations 12,971   13,807
Gross amount of long-term debt and finance leases 1,903,397   1,913,807
Long-term debt due within one year (189,389)   (109,508)
Finance leases classified as long-term debt due within one year (925)   (836)
Unamortized debt discount (4,178)   (4,492)
Unamortized debt issuance costs (11,753)   (12,524)
Total long-term debt and finance leases, net $ 1,697,152   1,786,447
Cleco Power | Senior notes, 3.08%, due 2023      
Debt Instrument [Line Items]      
Interest rate 3.08%    
Gross debt $ 0   100,000
Cleco Power | Senior notes, 3.17%, due 2024      
Debt Instrument [Line Items]      
Interest rate 3.17%    
Gross debt $ 50,000   50,000
Cleco Power | Senior notes, 3.68%, due 2025      
Debt Instrument [Line Items]      
Interest rate 3.68%    
Gross debt $ 75,000   75,000
Cleco Power | Senior notes, 3.47%, due 2026      
Debt Instrument [Line Items]      
Interest rate 3.47%    
Gross debt $ 130,000   130,000
Cleco Power | Senior notes, 5.96%, due 2026      
Debt Instrument [Line Items]      
Interest rate 5.96% 5.96%  
Gross debt $ 100,000   0
Cleco Power | Senior notes, 4.33%, due 2027      
Debt Instrument [Line Items]      
Interest rate 4.33%    
Gross debt $ 50,000   50,000
Cleco Power | Senior notes, 3.57%, due 2028      
Debt Instrument [Line Items]      
Interest rate 3.57%    
Gross debt $ 200,000   200,000
Cleco Power | Senior notes, 6.50%, due 2035      
Debt Instrument [Line Items]      
Interest rate 6.50%    
Gross debt $ 295,000   295,000
Cleco Power | Senior notes, 6.00%, due 2040      
Debt Instrument [Line Items]      
Interest rate 6.00%    
Gross debt $ 250,000   250,000
Cleco Power | Senior notes, 5.12%, due 2041      
Debt Instrument [Line Items]      
Interest rate 5.12%    
Gross debt $ 100,000   100,000
Cleco Power | Series A GO Zone bonds, 2.50%, due 2038, mandatory tender in 2025      
Debt Instrument [Line Items]      
Interest rate 2.50%    
Gross debt $ 50,000   50,000
Cleco Power | Series B GO Zone bonds, 4.25%, due 2038      
Debt Instrument [Line Items]      
Interest rate 4.25%    
Gross debt $ 50,000   50,000
Cleco Power | Cleco Securitization I’s storm recovery bonds, 4.016%, due 2033      
Debt Instrument [Line Items]      
Interest rate 4.016%    
Gross debt $ 115,426   125,000
Cleco Power | Cleco Securitization I’s storm recovery bonds, 4.646%, due 2044      
Debt Instrument [Line Items]      
Interest rate 4.646%    
Gross debt $ 300,000   300,000
Cleco Power | Bank term loan, variable rate, due 2024      
Debt Instrument [Line Items]      
Bank term loan, variable rate, due 2024 125,000   125,000
Cleco Holdings      
Debt Instrument [Line Items]      
Unamortized debt issuance costs $ (7,000)   $ (8,500)