Cleco

Pineville, United States Founded: 1934 • Age: 92 yrs Acquired By Stonepeak
Provider of electricity and related services
Annual revenue $1.3B Latest available
Total funding - 1 rounds
Employees 1277 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Cleco

Cleco is a company based in Pineville (United States) founded in 1934 was acquired by Stonepeak in April 2026. The company has 1,277 employees as of December 31, 2022.

  • Headquarter Pineville, United States
  • Employees 1277 as on 31 Dec, 2022
  • Stage Public
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Not available
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
    $40 M (USD), Grant

    May 04, 2010

  • Investors
    BCI

    & 5 more

  • Employee Count
    1277

    as on Dec 31, 2022

  • Acquired by
    Stonepeak

    & 1 more

    (Apr 27, 2026)

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Funding Insights of Cleco

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
Investor Description Founded Year Domain Location
Asset management services focusing on infrastructure, real assets, and investments globally.
Locked Locked Locked
Scientific and technical information is managed and disseminated by OSTI.GOV.
Locked Locked Locked
Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
Locked Locked Locked
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Investor details for Cleco

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Investments & Acquisitions by Cleco

Investments
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Investment portfolio details for Cleco

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Financial Statements - Cleco

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Detailed financials for Cleco

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  • Profit trends
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Cleco Comparisons

Cleco Primary company
Description
Provider of electricity and related services
Location
Pineville, United States
Founded Year
1934
Annual Revenue
$1.27 B (USD)
Net Profit
$154.74 M (USD)
EBITDA
$432.54 M (USD)
Employees
1,277
As of 2022
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Peer comparison for Cleco

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Competitors of Cleco

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Detailed competitors of Cleco

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Latest news on Cleco

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Complete news archive for Cleco

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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.

As of Dec 31, 2022, the latest employee count at Cleco is 1,277.

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.

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