UNITED
STATES
|
SECURITIES
AND EXCHANGE COMMISSION
|
Washington,
D.C. 20549
|
FORM
8-K
|
CURRENT
REPORT
|
Pursuant
to Section 13 or 15(d) of
|
the
Securities Exchange Act of 1934
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Date
of Report (Date of earliest event reported): June 11,
2009
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CLECO
CORPORATION
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(Exact
name of registrant as specified in its
charter)
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Louisiana
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1-15759
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72-1445282
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(State
or other jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
incorporation)
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Identification
No.)
|
2030
Donahue Ferry Road
|
|
Pineville,
Louisiana
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71360-5226
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(Address
of principal executive offices)
|
(Zip
Code)
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Registrant’s
telephone number, including area code: (318)
484-7400
|
CLECO
POWER LLC
|
(Exact
name of registrant as specified in its
charter)
|
Louisiana
|
1-05663
|
72-0244480
|
(State
or other jurisdiction
|
(Commission
File Number)
|
(IRS
Employer
|
of
incorporation)
|
Identification
No.)
|
2030
Donahue Ferry Road
|
|
Pineville,
Louisiana
|
71360-5226
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (318)
484-7400
|
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
|
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
8.01 Other
Events.
In July 2008, Cleco Power LLC
(“Cleco Power”), a wholly owned subsidiary of Cleco Corporation (the
“Company”), filed a request for a new rate plan with the Louisiana Public
Service Commission (the “LPSC”) to increase Cleco Power’s base rates for
electricity. Cleco Power is seeking recovery of revenues
sufficient to cover the addition of Rodemacher Power Station Unit 3 to its
existing expense and rate base levels. The discovery phase of
the rate case is substantially complete. As disclosed in the
press release issued by the Company on May 6, 2009, and filed as an
exhibit to the Company’s Current Report on Form 8-K, filed with the
Securities and Exchange Commission on May 6, 2009, Cleco Power has reached
a settlement with the LPSC Staff and is now in discussions with
intervenors to reach a global settlement. Cleco Power currently
anticipates a stipulated settlement with all parties to be completed in
July 2009, and for the LPSC Staff to complete testimony supporting the
settlement in August, with the settlement rate plan being presented to the
LPSC for its approval at its September 16, 2009, Business and Executive
Session. If approved by the LPSC, the settlement rates are
expected to be effective upon the commercial operation date of Rodemacher
Power Station Unit 3.
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CLECO
CORPORATION
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Date:
June 11, 2009
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By:
/s/ R. Russell
Davis
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R.
Russell Davis
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Vice
President of Investor Relations and Chief Accounting
Officer
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CLECO
POWER LLC
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Date: June
11, 2009
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By:
/s/ R. Russell
Davis
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R.
Russell Davis
|
|
Vice
President of Investor Relations and Chief Accounting
Officer
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