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re: Rumor: META to acquire CLECO

Posted on 11/15/25 at 8:40 pm to
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
49724 posts
Posted on 11/15/25 at 8:40 pm to
AI gets power. People are fricked
Posted by fareplay
Member since Nov 2012
6238 posts
Posted on 11/15/25 at 8:42 pm to
Cool hope I can visit
Posted by Gravitiger
Member since Jun 2011
12142 posts
Posted on 11/15/25 at 8:46 pm to
quote:

Any company can’t just go in and buy a public utility.
But if any company could, it is this one.
Posted by Chef Curry
Member since Mar 2019
2820 posts
Posted on 11/15/25 at 8:47 pm to
quote:

We need way more nuclear power plants. Cheap and safe.


There’s nothing cheap about building/operating nuclear plants.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
29904 posts
Posted on 11/15/25 at 9:16 pm to
quote:

There’s nothing cheap about building/operating nuclear plants.


I think the breakover point for cost per kWh from nuclear to combined cycle gas is about 20 years, including the time for construction but not permitting.

There are three closed nuclear power plants set to reopen specifically for powering AI data centers, one each in Iowa, Michigan, and Pennsylvania (3 Mile Island). This obviously shortens time and cost, I think all of them are supposed to be back online in the next 4 years.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
70207 posts
Posted on 11/15/25 at 9:17 pm to
CLECOvision?!
Posted by DiamondDog
Louisiana
Member since Nov 2019
12661 posts
Posted on 11/15/25 at 9:26 pm to
Hope you ole boys like smores. You gonna be cooking over a camp fire soon
Posted by billjamin
Houston
Member since Jun 2019
16281 posts
Posted on 11/15/25 at 9:29 pm to
lol. Would be a good idea for meta and Louisianastan is too stupid to stop it.
Posted by Kracka
Lafayette, Louisiana
Member since Aug 2004
42030 posts
Posted on 11/15/25 at 9:30 pm to
I work for CLECO, and I haven't heard a peep about us being bought by Meta. We have monthly meetings with all upper mgmt including the CEO, and there has been no mention of Meta other than us possibly being involved in data centers.

ETA: from what i remember of our last meeting, was that we were getting purchased by another VC company, and it will be completed soon.
This post was edited on 11/15/25 at 9:34 pm
Posted by billjamin
Houston
Member since Jun 2019
16281 posts
Posted on 11/15/25 at 9:31 pm to
quote:

I think the breakover point for cost per kWh from nuclear to combined cycle gas is about 20 years, including the time for construction but not permitting.

Depends on your cost of capital. Nuke LCOE gets hammered on that and it really makes it an almost impossible financial model to overcome.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11297 posts
Posted on 11/15/25 at 9:59 pm to
quote:

CLECO, NextEra, Entergy, AEP, Bernhard.


I am pretty sure META has enough cash on hand to buy up all the assets of all 5 companies and form META Power and Light.

Maybe they can get rid of some of those META glasses as gifts to new customers like how banks used to give out umbrellas and toasters.


This post was edited on 11/15/25 at 10:05 pm
Posted by billjamin
Houston
Member since Jun 2019
16281 posts
Posted on 11/15/25 at 10:11 pm to
quote:

I am pretty sure META has enough cash on hand to buy up all the assets of all 5 companies and form META Power and Light.

They can have 10x the cash and it wouldn’t matter because these are regulated monopolies.
This post was edited on 11/15/25 at 10:21 pm
Posted by Kayakndan74
NE AL
Member since Nov 2021
449 posts
Posted on 11/16/25 at 1:21 am to
Wonder if Zuck would build a nuke plant on the Red. And would Louisiana let him?
Posted by NBR_Exile
Houston via Baton Rouge
Member since Jul 2012
1710 posts
Posted on 11/16/25 at 1:31 am to
Isn’t CLECO a cooperative? Even when I lived in LA I’ve never lived in one. But who owns the business? I guess the state has the power to stop this.
This post was edited on 11/16/25 at 1:53 am
Posted by gizmothepug
Louisiana
Member since Apr 2015
8477 posts
Posted on 11/16/25 at 3:36 am to
quote:

Isn’t CLECO a cooperative?


No.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11297 posts
Posted on 11/16/25 at 4:22 am to
quote:

They can have 10x the cash and it wouldn’t matter because these are regulated monopolies.


Just because they are a regulated monopolies doesn’t mean they are not cash cows and have the PSC in their back pockets to write the rules in their favor. They are relatively safe investments and can pretty much make a profit in any market conditions.

See Entergy and its long line of profitability and passing on costs on to its consumers.The only time they got into trouble was when they started investing in out of area power stations and nuclear sites.

But speaking of CO-OP’s, couldn’t Facebook create its own and purchase directly from MISO so it can get the best wholesale rates. Now they probably would still get fricked by Entergy since they own the high voltage transmission lines to get the power to them.

As far as CO-OP’s, SLECA is one and Washington and St. Tammany Electric is the other one I know. The neat thing about the COOP’s that as a utility customer, you own a piece of the company and are eligible for FEMA grant assistance after a storm unlike a private company like Entergy.

You also have independent municipal power providers like Lafayette Utilities System, Houma Municipal Power, Morgan City Municipal Power, etc. That fall under LEPA
This post was edited on 11/16/25 at 6:30 am
Posted by Gotabyte
Slidell
Member since Feb 2020
265 posts
Posted on 11/16/25 at 5:23 am to
With the self-admitted political bias at Meta, guess who gets their power rates increased first? Guarantee it's not
Dumbocrat run areas.
Posted by DaTruth7
Member since Apr 2020
4043 posts
Posted on 11/16/25 at 6:30 am to
Haha, I’d put my money on Entergy.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60243 posts
Posted on 11/16/25 at 6:36 am to
quote:

It's time to relegate Louisiana down to a lower status, like a United States territory.
It would be great if we swap our state status for Puerto Rico’s territorial status.
Posted by Havoc
Member since Nov 2015
37156 posts
Posted on 11/16/25 at 6:37 am to
quote:

Bet Meta can run it better.

The company that’s fricked up all kinds of ways and often been sued successfully for it?
Are you on crack or just stupid?
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