Diligence memo · auto-generated · as of July 2, 2026
Cleco Power Llc
Cleco Power Llc looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Cleco Power Llc operates in Electric Utilities, based in PINEVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cleco Power Llc has raised $100M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $100M on 2011-12-16.
Most recent recorded round closed around 2011-12-16.
Valuation (modeled)modeled
Provath models Cleco Power Llc at approximately $957M (range $406M–$2.5B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.72× the median modeled value of Series C Electric Utilities companies in 2010–2012 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 14.5 yr ago; this sector typically re-raises about every 10 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 84% of Electric Utilities peers (133 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: BANGOR HYDRO ELECTRIC Co, Wde Partners Spv B, L.P., Agl Energy Ltd, Wde Partners Spv A, L.P., East Rock Wde Partners, L.P..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.