Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2024:

(THOUSANDS)	FOR THE THREE MONTHS ENDED JUNE 30, 2024		FOR THE SIX MONTHS ENDED JUNE 30, 2024
Operating revenue, net
Electric operations	$	78,727	$	207,555
Other operations	19,458		50,992
Operating revenue, net	98,185		258,547
Operating expenses
Fuel used for electric generation	5,860		21,056
Purchased power	31,095		93,035
Other operations and maintenance	14,300		37,591
Depreciation and amortization	3,915		4,271
Total operating expenses	55,170		155,953
Operating income	43,015		102,594
Other income, net	113		239
Interest, net	662		582
Loss - Cleco Cajun Divestiture(1)	(27,951)		(44,951)
Income from discontinued operations before income taxes	15,839		58,464
Federal and state income tax expense	3,129		13,792
Income from discontinued operations, net of income taxes	$	12,710	$	44,672

(1) This line item represents the loss on the classification as held for sale until the closing of the Cleco Cajun Divestiture. After the closing of the Cleco Cajun Divestiture, this line item represents the loss on the sale of the Cleco Cajun Sale Group.

The following table presents the cash flows from discontinued

operations related to the Cleco Cajun Sale Group for the six months ended June 30, 2024:

(THOUSANDS)	FOR THE SIX MONTHS ENDED JUNE 30, 2024
Net cash used in operating activities - discontinued operations	$	(982)
Net cash used in investing activities - discontinued operations	$	(3,118)