Investor Presentaiton

Cleco Cajun Fleet Summary Big Cajun II Big Cajun I Unit 1 Unit 2 Unit 3 Steam Peaking Bayou Cove Leased to NRG Energy Through May 2025 Cottonwood Location New Roads, LA New Roads, LA New Roads, LA Jarreau, LA Jarreau, LA Jennings, LA Deweyville, TX COD 1981 1982 1983 1972 2001 2002 2003 Ownership 100% 100% 58% 100% 100% 100% 100% Net Capacity 537 579 323 (1) 185 (MW) 178 219 (2) 1,165 Primary Fuel Туре PRB Coal Natural Gas PRB Coal Natural Gas Natural Gas Natural Gas Natural Gas Technology (3) ST ST ST ST CT CT CCGT Heat Rate 10,115 10,226 9,949 10,953 11,380 11,690 7,450 2014-2016 Avg. Capacity Factor 52.1% 46.1% 60.6% 1.0% 1.8% 4.8% 51.8% Portfolio Attributes All units can dispatch into MISO-South with guaranteed transmission to Cleco Cajun contract load Environmentally compliant with current regulations Scheduled Asset Retirements Big Cajun II Unit 1 subject to conversion or retirement in 2025 CLECO Connecting Louisiana's future. Source: Cleco public filings (1) Represents Cleco Cajun's 58% ownership interest in Big Cajun II Unit 3 ~ 588 MW of rated capacity (2) Represents Cleco Cajun's 225 MW ownership interest in the capacity of Bayou Cove, a ~300 MW generating unit (3) ST Steam Turbine, CT - Combustion Turbine, CCGT - Combined cycle gas turbine COD: Commercial operation date 199 19

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