Cleco is a holding company for Cleco Power and Midstream. Cleco Power is a regulated electric utility that produces and distributes electricity to 276,000 customers in central and southeastern Louisiana. Midstream is an unregulated merchant energy company with operations in Louisiana and Texas. Midstream owns and operates merchant power plants, which produce and sell electricity in the wholesale market. Cleco Power has a generation capacity of 1,318 megawatts.