Cleco

Pineville, United States Founded: 1934 • Age: 92 yrs Listed Acquired By Stonepeak
Provider of electricity and related services

About Cleco

Cleco is a company based in Pineville (United States) founded in 1934, and was acquired by Stonepeak in April 2026. Provider of electricity and related services. The company has 1,277 employees. Its website cleco.com draws about 182 thousand monthly visits.

Company details

Cleco was founded in 1934 and operates in the utilities sector from Pineville, United States. Electricity is generated, transmitted, and distributed to residential, commercial, and industrial users. Services include billing, customer support, and outage handling. Programs for energy efficiency and renewable integration are offered, along with support for new electric service connections, vehicle charging, and community sustainability efforts.

  • Headquarters Pineville, United States
  • Employees 1,277
  • Stage Acquired
  • Website category Finance · Banking Credit and Lending
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cleco.com
  • Social LinkedIn X Facebook
  • Acquired by BCI (Oct 2014)
Key Metrics
  • Annual Revenue
    $1.27 B (USD)
    16
    as on Dec 31, 2014
  • Net Profit
    $154.74 M (USD)
    -4
    as on Dec 31, 2014
  • EBITDA
    $432.54 M (USD)
    -4
    as on Dec 31, 2014
  • Latest Funding Round
    $40M (USD), Grant

    May 2010

  • Investors
    BCI

    & 5 more

  • Employee Count
    1,277
  • Acquired by
    Stonepeak

    & 1 more

    (Apr 2026)

Funding Insights of Cleco

  • Total Rounds 1
  • Last Round Grant β€” $40M
  • First Round $40M

    (May 2010)

  • Investors Count 1

All 1 funding rounds of Cleco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2010$40MGrant––
Valuation history

5 investors in total: 5 institutional.

Investors in Cleco

Cleco has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include BCI, Stonepeak and Macquarie Infrastructure and Real Assets.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Asset management services focusing on infrastructure, real assets, and investments globally.
1969mirafunds.comMelbourne, Australia
Scientific and technical information is managed and disseminated by OSTI.GOV.
osti.govOak Ridge, United States
Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
1996johnhancock.comBoston, United States
Diversified investment management is provided across various assets in Canada.
1999bci.caVictoria, Canada
A leading alternative investment firm specializing in infrastructure and real assets
2011stonepeak.comNew York, United States
Premium access

Investor details for Cleco

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Cleco

3 people are tracked at Cleco (2 in leadership, 1 in team); the tracked headcount is 1,277.

NameRoleGroup
Jw Harman
PresidentLeadership
Bill Fontenot
President and Chief Executive OfficerLeadership
Jodi Harman
Human Resource MGRTeam
Premium access

Complete people profiles for Cleco

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Cleco

5 dated milestones of Cleco across 92 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cleco is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $40.0M.
  4. Exit Acquired by BCI.
  5. Exit Acquired by Stonepeak.

Web traffic of Cleco

The website of Cleco (cleco.com) receives about 181.8K visits a month and ranks #175,238 among all websites worldwide, #2,773 in Banking Credit and Lending.

  • Monthly visits
    181.8K

    ▼ 22% vs previous month

  • Unique visitors
    56.7K

    per month

  • Global rank
    #175,238

    among all websites

  • Category rank
    #2,773

    Finance · Banking Credit and Lending

Similar websites

Websites whose visitors overlap most with Cleco. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
wste.coop
wste.coop
100%
#3,221,384–
capitalone.com
94%
148.4M#178View details
search2.assurant.com
search2.assurant.com
55%
–
brand-utility.com
brand-utility.com
51%
–
tnpe.com
tnpe.com
36%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 7 similar websites and full traffic analytics for Cleco

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 7 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Cleco

Cleco was founded in 1934 and raised its 1st funding round 76 years after it was founded.

Cleco is headquartered in Pineville, United States.

Cleco has 1,277 employees.

Annual revenue of Cleco is $1.27B as on Dec 31, 2014.

Cleco was founded in 1934 and operates in the utilities sector from Pineville, United States. Electricity is generated, transmitted, and distributed to residential, commercial, and industrial users. Services include billing, customer support, and outage handling. Programs for energy efficiency and renewable integration are offered, along with support for new electric service connections, vehicle charging, and community sustainability efforts.

Cleco has 5 investors. Key investors include BCI, Stonepeak, Macquarie Infrastructure and Real Assets, OSTI.GOV, and John Hancock.

Yes. Cleco was acquired by BCI in October 2014.

The website of Cleco receives about 182 thousand visits a month and ranks #175,238 among all websites worldwide.

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