UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One) : [ ] Form 10-K [ ] Form 20-F [X] Form 11-K [ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: December 31, 1999 SEC FILE NUMBER
[ ] Transition Report on Form 10-K 1-15759
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K CUSIP NUMBER
[ ] Transition Report on Form 10-Q N/A
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates: N/A
Part I - Registrant Information
Full Name of Registrant: 401(k) Savings and Investment Plan of
Cleco Corporation
Former Name if Applicable: N/A
Address of Principal Executive Office (Street and Number):
Cleco Corporation
2030 Donahue Ferry Road
Pineville, LA 71360-5226
Part II - Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable
effort or expense and registrant seeks relief pursuant to Rule 12b-25(b),
the following should be completed. (Check box if appropriate)
[ ] (a) The reasons described in reasonable detail in
Part III of this form could not be eliminated without
unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report,
transition report on Form 10-K, Form 20-F, 11-K, Form N-SAR
or, portion thereof, will be filed on or before the
fifteenth calendar day following the prescribed due date;
or the subject quarterly report or transition report on
Form 10-Q, or portion thereof, will be filed on or before
the fifth calendar day following the prescribed due date;
and
[ ] (c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if applicable.
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Part III - Narrative
State below in reasonable detail the reasons why Form 10-K, 11-K, 10-Q,
N-SAR or the transition report or portion thereof, could not be filed within
the prescribed time period.
401(k) Savings and Investment Plan of Cleco Corporation was
not able to obtain an independent accountant's report for the
year ended December 31, 1999, prior to the June 28, 2000 filing
due date. The third party trustee was not able to provide
required information to Cleco Corporation personnel ("Plan
Administrator") in a timely fashion. This delay caused a
corresponding delay in the Plan Administrator providing
information required by the Independent accountant. Accordingly,
the preparation of audited financial statements for the Plan were
not commenced until recently and it would have required
unreasonable effort and expense to complete this work prior to
the filing deadline. Please refer to the attached statement from
the Plan's independent accountant required by Rule 12b-25(c).
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification:
Stacy Stubbs 318 484-7530
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30
of the Investment Company Act of 1940 during the preceding
12 months or for such shorter period that the registrant
was required to file such report(s) been filed? If answer is no,
identify report(s).
[X] Yes[ ] No
(3) Is it anticipated that any significant change in results
of operations from the corresponding period for the last
fiscal year will be reflected by the earnings statements to
be included in the subject report or portion thereof?
[ ] Yes[X] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of the results cannot
be made.
401(k) Savings and Investment Plan of Cleco Corporation
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
By: Cleco Corporation
as Plan Administrator
Dated: June 28, 2000 By: /s/ Catherine C.Powell
Name/Title: Catherine C. Powell,
Sr. Vice President of Employee
and Corporate Services