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Started By
Message
re: Rumor: META to acquire CLECO
Posted on 11/16/25 at 6:42 am to Jim Rockford
Posted on 11/16/25 at 6:42 am to Jim Rockford
I might move.
0
Posted on 11/16/25 at 8:58 am to MikeD
quote:
CLECO is now only the gas assets I believe.
What about Rodemacher? 2 of three units are coal arent they?
Posted on 11/16/25 at 9:37 am to S
Guess it’s time to fire Teche back up.
Posted on 11/16/25 at 9:46 am to Tarps99
quote:
Just because they are a regulated monopolies doesn’t mean they are not cash cows and have the PSC in their back pockets to write the rules in their favor.
Change of control is a different animal than a rate case. If a company like meta did this it would be one of the most corrupt moments in the countries history. Even by Louisiana standard.
quote:Yeah that’s how it works. Consistent returns. They’re basically bond stocks.
They are relatively safe investments and can pretty much make a profit in any market conditions.
Posted on 11/16/25 at 10:04 am to Gravitiger
CLECO used to be a publicly traded company, but management sold the company to Macquarie Investment group several years ago. Macquarie has stated they have no intention of holding this investment over the long term, so yes - its entirely reasonable to think that META could acquire CLECO.
Posted on 11/16/25 at 10:51 am to Kracka
(no message)
This post was edited on 11/16/25 at 11:43 am
Posted on 11/16/25 at 2:14 pm to Strannix
quote:
What about Rodemacher? 2 of three units are coal arent they?
Nesbitt 1 - natural gas
Rodemacher 2 - powder river basin coal
Madison 3 - petroleum coke/coal
Posted on 11/16/25 at 2:52 pm to Jim Rockford
Can he buy all the water companies as well?
Posted on 11/16/25 at 3:58 pm to Jim Rockford
Meta is not buying CLECO.
It will be another private equity or Entergy.
It will be another private equity or Entergy.
Posted on 11/16/25 at 4:02 pm to Jim Rockford
When I lived in Lafayette, I had SLEMCO and LUS. LUS wasn't bad but SLEMCO should be a model for the rest of the country on how to run a utility COOP.
Posted on 11/16/25 at 4:04 pm to S
quote:
Absolute scenes when Zuck gets the tour of the St. Landry plant.
Going to look something like this
Posted on 11/16/25 at 6:44 pm to Jim Rockford
In th last 3-5 years the federal government has either directly incentivized CLECO to shut down power generators permanently, or has directly subsidized “green” competitors to CLECO to take wholesale business away from them forcing them to permanently shut down generators. The result? Significantly higher energy costs AND lower reliability. A purchase is inevitable and, if to the right company, may help the situation, but the fact remains that our government has screwed us in energy costs and reliability
Posted on 11/16/25 at 6:47 pm to Havoc
quote:
The company that’s fricked up all kinds of ways and often been sued successfully for it?
Are you on crack or just stupid?
I know way more about how META operates then you or probably anyone else on this board
Posted on 11/16/25 at 8:16 pm to Cosmo
Sweet Gatsby reference.
Posted on 11/16/25 at 8:22 pm to Roy Curado
LPSC will not allow Meta to buy Cleco. It will be Nextera or a private equity firm. I don’t think LPSC will allow Entergy or AEP to buy Cleco either.
Posted on 11/16/25 at 9:22 pm to Jim Rockford
I just still don’t understand how Meta is what it is. It was a couple of virgins in a dorm room trying to get laid. This kind of thing just shouldn’t happen.
Posted on 11/17/25 at 10:51 am to Jim Rockford
Should have never the left the COOP model. Selling out to private equity never goes well for consumers.
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