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Cleco Holdings
Cleco Corporate Holdings LLC (formerly the Central Louisiana Electric Company) is an electric power company headquartered in the Central Louisiana city Pineville. It operates a regulated electric utility company, Cleco Power, that serves approximately 290,000 retail customers in Louisiana. Cleco also operates an unregulated wholesale electricity business, Cleco Midstream, with approximately 775 megawatts of generating capacity. History Cleco's roots go back to the 1906 installation of a 25 kWh Corliss steam-driven generating plant in Bunkie, Louisiana. In 1914, a 50 kWh diesel engine was added to the plant to produce ice and light; and in 1935, the Bunkie plant, called Louisiana Ice & Utilities, reorganized into Louisiana Ice & Electric Company. Because ice was necessary long before electricity, ice manufacturing fostered the early development of the South's electric industry. Small steam or internal combustion electric motors powered the machinery that ran ice plants. Ice c ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Rapides Parish, Louisiana
Rapides Parish () (french: Paroisse des Rapides) is a parish located in the U.S. state of Louisiana. As of the 2010 census, the population was 131,613. The parish seat is Alexandria, which developed along the Red River of the South. ''Rapides'' is the French word for " rapids". The parish was created in 1807 after the United States acquired this territory in the Louisiana Purchase. Rapides Parish is included in the Alexandria metropolitan area, Louisiana. History In 1763, the land that is now Rapides Parish became the new home of the Apalachee tribe, who were settled there with the permission of Governor Kerlerec. Some Native Americans had come after fleeing the British and their Creek Indian allies from what is now Leon County, Florida. Many of their descendants remain in Natchitoches Parish. The first French settler was Vincent Porei, who was granted a small tract of land in July 1764 by the Civil and Military Commander of Natchitoches. Nicolas Etienne Marafret Layssard ...
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Public Utility
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ...
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Central Louisiana
Central Louisiana (Cenla), also known as the Crossroads, is a region of the U.S. state of Louisiana. The largest communities in the region as of the 2010 Census were Alexandria (47,893), Natchitoches (18,323) and Pineville (14,555). Central Louisiana is a land of physical and cultural diversity. Extensive prairies, piney hill region known as the Louisiana Central Hill Country, minor swamplands and deciduous forests make up its geography. It also has clear streams with sandy bottoms and large rivers that carry waterborne freight. Metro/Micropolitan areas There is one Combined Statistical Area, one Metropolitan Statistical Area, and four Micropolitan Statistical Areas that include Central Louisiana parishes. * Alexandria Metropolitan Statistical Area (Rapides and Grant parishes) * Fort Polk South-DeRidder Combined Statistical Area **Fort Polk South Micropolitan Statistical Area (Vernon Parish) **DeRidder Micropolitan Statistical Area (Beauregard Parish) * Natchez, Mississip ...
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Electric Power Industry
The electric power industry covers the generation, transmission, distribution and sale of electric power to the general public and industry. The commodity sold is actually energy, not power, e.g. consumers pay for kilowatt-hours, power multiplied by time, which is energy. The commercial distribution of electricity started in 1882 when electricity was produced for electric lighting. In the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. What was once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become an essential aspect for normal operation of all elements of developed economies. By the middle of the 20th century, electricity was seen as a "natural monopoly", only efficient if a restricted number of organizations participated in the market; in some areas, vertically-integrated companies provide all stages from generation to retail, and only governmental supervision regul ...
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John Hancock Financial
John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent American Patriot. In 2004, John Hancock was acquired by the Canadian multinational life insurance company Manulife Financial. It operates as an independent subsidiary. The company and the majority of Manulife's U.S. assets continue to operate under the John Hancock name. History On April 21, 1862, the charter of the John Hancock Mutual Life Insurance Company was approved by John A. Andrew, governor of Massachusetts. There was not always a standardization for how the company name has been referenced. For example, a John Hancock advertisement from 1912 refers to the company as "John Hancock Mutual Life Insurance Company," but some John Hancock advertisements and newspaper articles from the 1930s refer to it as the "John Hancock Life Insurance Company." However, 1940s sources again refer to the company as the "John Hancock ...
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Macquarie Infrastructure And Real Assets
Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$737 billion in assets under management. History 1969–1979 Macquarie was founded on 10 December 1969 as Hill Samuel Australia Limited, a subsidiary of the UK's Hill Samuel & Co. Limited. Australian businessman Stan Owens compiled a proposal for Hill Samuel & Co. to establish an Australian subsidiary. After presenting his report in London, Mr Owens was offered the role of implementing it. He became Executive Chairman of Hill Samuel Australia (HSA) and founded the company from offices at Gold Fields House in Sydney's Circular Quay. The company's first three employees were Stan Owens, Blair Hesketh and Geoff Hobson. Later Chris Castleman (on loan from the British parent) and B ...
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Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United Stat ...
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Electric Power Industry
The electric power industry covers the generation, transmission, distribution and sale of electric power to the general public and industry. The commodity sold is actually energy, not power, e.g. consumers pay for kilowatt-hours, power multiplied by time, which is energy. The commercial distribution of electricity started in 1882 when electricity was produced for electric lighting. In the 1880s and 1890s, growing economic and safety concerns lead to the regulation of the industry. What was once an expensive novelty limited to the most densely populated areas, reliable and economical electric power has become an essential aspect for normal operation of all elements of developed economies. By the middle of the 20th century, electricity was seen as a "natural monopoly", only efficient if a restricted number of organizations participated in the market; in some areas, vertically-integrated companies provide all stages from generation to retail, and only governmental supervision regul ...
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Washington Parish, Louisiana
Washington Parish ( French: ''Paroisse de Washington'') is a parish located in the interior southeast corner of the U.S. state of Louisiana, one of the Florida Parishes. As of the 2010 census, the population was 47,168. Its parish seat is Franklinton. Its largest city is Bogalusa. The parish was founded in 1819. Washington Parish comprises the Bogalusa, LA Micropolitan Statistical Area, which is included in the New Orleans- Metairie- Hammond, LA- MS Combined Statistical Area. History Washington Parish was formed in 1819 by splitting off from St. Tammany Parish. Franklinton was designated as the parish seat on February 10, 1821. Washington Parish is the most northeasterly of what are called the ''Florida Parishes''. Great Britain took over control of this French territory east of the Mississippi River in 1763 after defeating France in the Seven Years' War. But France had also ceded some territory to Spain. This area was under contention, and English and American settlers ...
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Vernon Parish, Louisiana
Vernon Parish (French: ''Paroisse de Vernon'') is a parish located in the U.S. state of Louisiana. As of the 2010 census, the population was 52,334. The parish seat is Leesville. Bordered on the west by the Sabine River, the parish was founded in 1871 during the Reconstruction era. It was long a center of the timber industry, which harvested pine in the hills and bottomland hardwoods. Construction of a railway to the area in 1897 stimulated marketing of lumber and businesses in the area. Since World War II, Fort Polk has been most important to the parish economy. The population of the Leesville area rapidly increased fivefold after the fort was opened. Vernon Parish is part of the Fort Polk South, LA Micropolitan Statistical Area, which is also included in the DeRidder-Fort Polk South, LA Combined Statistical Area. History The area comprising Vernon was a part of a tract of land whose control was disputed in the late 18th century between the United States and Spain. The ...
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Vermillion Parish, Louisiana
Vermilion Parish (french: Paroisse de Vermillion) is a parish located in the U.S. state of Louisiana, created in 1844. The parish seat is Abbeville. Vermilion Parish is part of the Lafayette metropolitan statistical area, and located in southern Acadiana. At the 2010 U.S. census, the population was 57,999; the 2019 American Community Survey estimated its population was 59,865. In the past several decades, much of the southern portion of the parish has been swept away by water erosion, especially after Hurricane Katrina and Hurricane Rita in 2005. History Indigenous peoples lived in the area for thousands of years, from different cultures. By historic times, the Chitimacha and Atakapa inhabited the area and were the American Indians encountered by Spanish and French explorers and settlers. The tribes' numbers were drastically reduced as a result of exposure to European diseases. French, Spanish, enslaved Africans, and French-Canadians from Acadia expelled after the Se ...
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