Cleco Corp. and Calpine's Acadia Power Plant Project Begins Operation.Business Editors PINEVILLE, La.--(BUSINESS WIRE)--Aug. 5, 2002 Acadia Power Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a 50/50 joint venture between subsidiaries of Cleco Corp. (NYSE NYSE See: New York Stock Exchange , PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. : CNL CNL CityNightLine (German Rail) CNL Cancel CNL Clinical Nurse Leader Cnl Colonel CNL Center for Naval Leadership CNL Compensated Neutron Log (oil industry) ) and Calpine Corp. (NYSE: CPN CPN Communist Party of Nepal CPN Commercial Property News CPN Civic Practices Network CPN Calling Party Number CPN Community Psychiatric Nurse (UK) CPN Cisco Powered Network CPN Connaitre et Proteger la Nature ), today announced that the 1,160-megawatt Acadia Power Project near Eunice has begun operations. "This is the third unregulated plant Cleco has brought on-line in the last four years," said Darrell Dubroc, executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Cleco Midstream Resources LLC, Cleco's wholesale energy subsidiary. "We have completed a disciplined growth schedule, producing three solid assets that are available to serve the future electricity needs of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. and the region." Construction of the plant began in July 2000 and was completed in time to meet peak summertime demand. Dubroc added, "This generation facility is considered state of the art with regard to both energy efficiency and environmental protection, and we believe it will provide some of the cleanest, most-reliable power available." The Acadia Power Project will operate natural gas-fired combustion turbines and heat recovery steam generators. This combined-cycle facility is up to 40 percent more efficient than older technology gas-fired plants. Combined-cycle technology recycles heat from combustion turbines to turn steam turbines, increasing the amount of power produced while reducing the amount of fuel burned. The plant's total capacity has been sold through two long-term power sales agreements. Cleco Corp. is a regional energy services company headquartered in Pineville, La. It operates a nonregulated, midstream energy business that has approximately 2,100 megawatts of unregulated generating capacity in operation. Cleco also operates a regulated electric utility company that serves approximately 250,000 customers across Louisiana. For more information, visit www.cleco.com. In addition to historical financial information, this news release contains forward-looking statements about future results and circumstances with respect to which there are many risks and uncertainties, including the weather and other natural phenomena, state and federal legislative and regulatory initiatives, the timing and extent of changes in commodity prices and interest rates, the operating performance of Cleco's facilities, and other risks and uncertainties more fully described in the company's latest Annual Reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . Actual results may differ materially from those indicated in such forward-looking statements. Cleco and expressly disclaim any obligation to update any information presented in this release. |
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