Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2025

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table presents the amounts that were reclassified from continuing operations and included in discontinued operations within Cleco’s Condensed

Consolidated Statements of Income for the three months ended March 31, 2024:

(THOUSANDS)	FOR THE THREE MONTHS ENDED MAR. 31, 2024
Operating revenue, net
Electric operations	$	128,828
Other operations	31,534
Operating revenue, net	160,362
Operating expenses
Fuel used for electric generation	15,196
Purchased power	61,940
Other operations and maintenance	23,291
Depreciation and amortization	356
Total operating expenses	100,783
Operating income	59,579
Other income, net	126
Interest, net	(80)
Loss on classification as held for sale	(17,000)
Income from discontinued operations before income taxes	42,625
Federal and state income tax expense	10,663
Income from discontinued operations, net of income taxes	$	31,962

The following table presents the cash flows from discontinued operations related to the Cleco Cajun Sale Group for the three months ended March 31, 2024:

(THOUSANDS)	FOR THE THREE MONTHS ENDED MAR. 31, 2024
Net cash used in operating activities - discontinued operations	$	(4,780)
Net cash provided by investing activities - discontinued operations	$	4,953