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Violation Tracker Individual Record

Company: Cleco Power
Current Parent Company: Macquarie
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $18,000,000
Year: 2004
Date: July 22, 2004
Offense Group: miscellaneous offenses
Primary Offense: utility administrative violation
Violation Description: The settlement involved a fuel audit of Cleco Power LLC and issues resulting from approximately $23 million in improper trading admitted by Cleco. The company first reported the illegal trading in November 2002.
Level of Government: state
Action Type: agency action
Agency: Louisiana Public Service Commission
Civil or Criminal Case: civil
Facility State: Louisiana
HQ Country of Current Parent: Australia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: financial services
Source of Data: Cleco customers in Louisiana to get rebates of about $25, Daily Advertiser, July 22, 2004 (via Nexis).
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.