Cleco (formerly the Central Louisiana Electric Company) is an energy services company founded in January 1935 in Pineville in Rapides Parish in Central Louisiana. It operates a regulated electric utility company, Cleco Power, that serves approximately 281,000 customers across Louisiana. Cleco also operates an unregulated wholesale energy business, Cleco Midstream, with approximately 775 megawatts of generating capacity. Clecos existing power generation operations utilize a mix of fuels including; western coal, lignite, petroleum coke, and natural gas. Its electricity is transmitted and provided to customers in 23 of Louisianas 64 parishes. In 2010, Cleco placed into service its $1 billion new power generation facility Madison Unit 3 north of Alexandria, Louisiana. The new facility will utilize solid fuels including waste refinery coke which is available in Louisiana because of the many refinery operations in the state.