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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Finite-Lived Intangible Assets [Line Items]  
Amortization Expense
The following table presents the amortization expense recognized during the three and six months ended June 30, 2025, and 2024:

 
FOR THE THREE MONTHS ENDED JUNE 30,
FOR THE SIX MONTHS
 ENDED JUNE 30,
(THOUSANDS)2025202420252024
Amortization expense
Storm Recovery Property$3,081 $3,020 $6,420 $6,347 
Energy Transition Property
$3,265 $— $3,265 $— 
The following table presents the amortization expense recognized during the three and six months ended June 30, 2025, and 2024:

 
FOR THE THREE MONTHS ENDED JUNE 30,
FOR THE SIX MONTHS
 ENDED JUNE 30,
(THOUSANDS)2025202420252024
Amortization expense
Power supply agreements
$186 $186 $372 $2,509 
Schedule of Intangible Assets Subject to Amortization
The following table summarizes the balance of other intangible assets subject to amortization included in Cleco’s Condensed Consolidated Balance Sheets:

Cleco
(THOUSANDS)AT JUNE 30, 2025AT DEC. 31, 2024
Power supply agreements$14,238 $14,238 
Accumulated amortization(6,858)(6,487)
Net other intangible assets subject to amortization
$7,380 $7,751 
CLECO POWER  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Intangible Assets Subject to Amortization
The following table summarizes the balance of the securitized intangible assets subject to amortization included on Cleco’s and Cleco Power’s Condensed Consolidated Balance Sheets:

(THOUSANDS)AT JUNE 30, 2025AT DEC. 31, 2024
Storm Recovery Property intangible asset$415,946 $415,946 
Energy Transition Property intangible asset
$299,338 $— 
Total securitized intangible assets carrying value
$715,284 $415,946 
Accumulated amortization(40,723)(31,038)
Net securitized intangible assets subject to amortization
$674,561 $384,908