Cleco Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 171,056	$ 30,472
Restricted cash and cash equivalents	33,865	15,918
Other accounts receivable	67,920	23,979
Unbilled revenue	47,453	44,687
Fuel inventory, at average cost	84,951	95,810
Materials and supplies, at average cost	183,085	158,976
Energy risk management assets	7,965	11,294
Accumulated deferred fuel	22,910	457
Cash surrender value of company/trust-owned life insurance policies	65,393	61,891
Prepayments	66,400	27,685
Regulatory assets	45,452	295,125
Other current assets	1,088	0
Total current assets	959,804	849,273
Property, plant, and equipment
Property, plant, and equipment	5,269,550	4,991,574
Accumulated depreciation	(1,212,093)	(1,050,376)
Net property, plant, and equipment	4,057,457	3,941,198
Construction work in progress	180,798	138,040
Total property, plant, and equipment, net	4,238,255	4,079,238
Equity investment in investee	1,916	1,916
Goodwill	1,490,797	1,490,797
Prepayments	18,334	1,250
Operating lease right of use assets	12,858	14,905
Restricted cash and cash equivalents	138,369	116,493
Regulatory assets - deferred taxes, net	35,311	2,008
Regulatory assets	302,713	308,833
Intangible assets	661,230	384,908
Intangible assets - other	7,008	7,751
Receivable - Cleco Cajun Divestiture	0	98,153
Other deferred charges	8,569	14,081
Total assets	7,875,164	7,369,606
Current liabilities
Short-term debt	0	120,000
Long-term debt due within one year	614,826	264,934
Customer deposits	58,787	58,002
Provision for customer refund	20,900	20,510
Taxes payable	19,059	59,629
Interest accrued	22,019	19,919
Energy risk management liabilities	11,835	256
Regulatory liabilities	10,199	8,327
Deferred compensation	19,377	17,013
Postretirement benefit obligations	27,506	26,439
Energy transition reserve	10,730	0
Other current liabilities	36,953	29,565
Total current liabilities	1,033,996	771,445
Long-term liabilities and deferred credits
Accumulated deferred federal and state income taxes, net	808,647	748,246
Postretirement benefit obligations	145,215	166,702
Regulatory liabilities	1,500	1,500
Energy transition reserve	27,630	0
Storm reserve	69,440	76,178
Asset retirement obligations	11,544	13,450
Operating lease liabilities	10,788	12,788
Provision for customer refund	0	19,896
Customer advances for construction	33,116	27,440
Credit deposits	4,400	14,750
Other deferred credits	32,218	31,154
Total long-term liabilities and deferred credits	1,144,498	1,112,104
Long-term debt, net	2,667,244	2,645,043
Total liabilities	4,845,738	4,528,592
Commitments and contingencies (Note 16)
Member’s equity	3,029,426	2,841,014
Total liabilities and member’s equity	7,875,164	7,369,606
Cleco Power
Current assets
Cash and cash equivalents	162,660	23,714
Restricted cash and cash equivalents	33,865	15,918
Other accounts receivable	67,449	23,233
Unbilled revenue	47,453	44,687
Fuel inventory, at average cost	84,951	95,810
Materials and supplies, at average cost	183,085	158,976
Energy risk management assets	7,965	11,294
Accumulated deferred fuel	22,910	457
Cash surrender value of company/trust-owned life insurance policies	7,813	10,123
Prepayments	60,702	23,524
Regulatory assets	37,923	287,390
Other current assets	353	0
Total current assets	770,191	743,820
Property, plant, and equipment
Property, plant, and equipment	6,386,051	6,113,217
Accumulated depreciation	(2,497,667)	(2,348,169)
Net property, plant, and equipment	3,888,384	3,765,048
Construction work in progress	179,825	136,217
Total property, plant, and equipment, net	4,068,209	3,901,265
Equity investment in investee	1,916	1,916
Prepayments	16,935	1,212
Operating lease right of use assets	12,858	14,905
Restricted cash and cash equivalents	138,344	116,469
Regulatory assets - deferred taxes, net	35,311	2,008
Regulatory assets	212,762	209,028
Intangible assets	661,230	384,908
Other deferred charges	7,916	13,238
Total assets	5,925,672	5,388,769
Current liabilities
Short-term debt	0	110,000
Long-term debt due within one year	254,943	264,934
Customer deposits	58,787	58,002
Provision for customer refund	20,900	20,510
Taxes payable	28,454	13,422
Interest accrued	13,891	11,781
Energy risk management liabilities	11,835	256
Regulatory liabilities	10,199	8,327
Postretirement benefit obligations	22,530	21,701
Energy transition reserve	10,730	0
Other current liabilities	25,414	17,131
Total current liabilities	605,771	647,814
Long-term liabilities and deferred credits
Accumulated deferred federal and state income taxes, net	849,724	788,016
Postretirement benefit obligations	87,090	109,464
Regulatory liabilities	1,500	1,500
Energy transition reserve	27,630	0
Storm reserve	69,440	76,178
Asset retirement obligations	11,172	13,450
Operating lease liabilities	10,788	12,788
Provision for customer refund	0	19,896
Customer advances for construction	33,116	27,440
Credit deposits	4,400	14,750
Other deferred credits	26,798	23,442
Total long-term liabilities and deferred credits	1,121,658	1,086,924
Long-term debt, net	1,935,516	1,546,624
Commitments and contingencies (Note 16)
Member’s equity	2,262,727	2,107,407
Total liabilities and member’s equity	5,925,672	5,388,769
Storm Recovery Property
Property, plant, and equipment
Intangible assets	370,329	384,908
Storm Recovery Property | Cleco Power
Property, plant, and equipment
Intangible assets	370,329	384,908
Energy Transition Property
Property, plant, and equipment
Intangible assets	290,901	0
Energy Transition Property | Cleco Power
Property, plant, and equipment
Intangible assets	290,901	0
Nonrelated Party
Current assets
Accounts receivable	53,053	47,520
Current liabilities
Accounts payable	145,639	125,483
Nonrelated Party | Cleco Power
Current assets
Accounts receivable	53,053	47,520
Current liabilities
Accounts payable	135,050	110,361
Affiliate
Current assets
Accounts receivable	768	35,459
Current liabilities
Accounts payable	36,166	21,368
Affiliate | Cleco Power
Current assets
Accounts receivable	9	1,174
Current liabilities
Accounts payable	13,038	11,389
Cleco Cajun
Current assets
Accounts receivable	$ 108,445	$ 0