House Concurrent Resolution No. by Representative Mike Johnson urges the Louisiana Public Service Commission (PSC) and Cleco Power to approve the sale of the regulated utility only under specific conditions. Cleco Power, a significant employer in central Louisiana with a history dating back to 1935, is reportedly considering offers for sale. The resolution emphasizes the importance of protecting jobs for local employees, particularly the more than 450 nonservice jobs and all service jobs currently based at Cleco's headquarters in Pineville, Louisiana.
The resolution calls for the PSC to ensure that any sale, trade, or transaction transferring ownership of Cleco Power includes guarantees that preserve existing jobs and maintain employment levels for central Louisiana residents. It highlights the potential negative impact on the local economy and workforce if jobs are lost as a result of the sale. The resolution reflects the legislature's commitment to safeguarding the interests of the community and the employees of Cleco Power.