Contact Information: Investor Contacts: Cleco Corporation: Keith Crump (318) 484-7719 Ryan Gunter (318) 484-7724 Shareholder Services: Rodney Hamilton (318) 484-7593 Analyst Inquiries: Dresner Companies Kristine Walczak (312) 780-7205 Media Contact: Cleco Corporation Michael Burns (318) 484-7663
Cleco Corp. Names Wade A. Hoefling Senior Vice President, General Counsel
| Source: Cleco Corp.
PINEVILLE, LA -- (MARKET WIRE) -- January 29, 2007 --Cleco Corp. (NYSE : CNL ) has named Wade A.
Hoefling senior vice president and general counsel.
The board of directors approved Hoefling's appointment at its Jan. 26
meeting. In addition to senior vice president and general counsel, Hoefling
will serve as director of regulatory compliance. He also will oversee
Cleco's ethics and compliance functions.
Hoefling, 51, comes to Cleco with more than 25 years of legal experience in
the energy business. He most recently served as general counsel for
Northeast Utilities Enterprises Inc., a subsidiary housing the energy
marketing, merchant generation and energy services businesses of parent
company Northeast Utilities.
Prior to that, he served as vice president and general counsel, energy
trading at Reliant Resources, Inc. and as senior vice president and general
counsel at Duke Energy Trading and Marketing, L.L.C.
Hoefling holds a bachelor's degree from Harvard College and a juris
doctorate from Harvard Law School, Cambridge, Mass. He is a member of the
Texas Bar Association and the Oklahoma Bar Association.
"We're pleased a person with Wade's knowledge and experience is joining
Cleco. His expertise will serve us well during a time of growing regulatory
demands," Cleco President and CEO Michael Madison said. "Cleco also has an
abundance of opportunities ahead, and a person with Wade's background can
offer us valuable insight."
Cleco Corp. is a regional energy services company headquartered in
Pineville, La. It operates a regulated electric utility company that
serves 268,000 customers across Louisiana. Cleco also operates a wholesale
energy business that has approximately 1,350 megawatts of generating
capacity. For more information about Cleco, visit www.cleco.com.