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**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**

**Washington,          D.C.  20549**

**FORM        10-Q/A**

**Amendment        No. 1**

**For        the quarterly period ended March 31, 2007**

**Or**

**Commission        file number 1-15759**

**CLECO        CORPORATION**

*(Exact        name of registrant as specified in its charter)*

|                                                                                                                                |                                                                        |
|-------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------|
|  **Louisiana***(State                  or other jurisdiction of incorporation or                  organization)*               |  **72-1445282***(I.R.S.                  Employer Identification No.)* |
|                                                                                                                                |                                                                        |
|  **2030                  Donahue Ferry Road, Pineville, Louisiana***(Address                  of principal executive offices)* |  **71360-5226***(Zip                  Code)*                           |
|                                                                                                                                |                                                                        |
| **Registrant’s                  telephone number, including area code:  (318)                  484-7400**           |
|                                                                                                                                |

**Commission        file number 1-05663**

**CLECO        POWER LLC**

*(Exact        name of registrant as specified in its charter)*

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                                                        |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------|
|  **Louisiana***(State                  or other jurisdiction of incorporation or                  organization)*                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |  **72-0244480***(I.R.S.                  Employer Identification No.)* |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                                                        |
|  **2030                  Donahue Ferry Road, Pineville, Louisiana***(Address                  of principal executive offices)*                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |  **71360-5226***(Zip                  Code)*                           |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                                                        |
| **Registrant’s                  telephone number, including area code:  (318)                  484-7400**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Indicate                  by check mark whether the Registrants: (1) have filed all reports                  required                  to be filed by Section 13 or 15(d) of the Securities Exchange Act                  of 1934                  during the preceding 12 months (or for such shorter period that                  the                  Registrants were required to file such reports) and (2) have been                  subject                  to such filing requirements for the past 90 days.Yes                    x     No                  __                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Indicate                  by check mark whether Cleco Corporation is a large accelerated                  filer, an                  accelerated filer, or a non-accelerated filer.  See definition                  of “accelerated filer and largeaccelerated                  filer” in Rule 12b-2 of the Exchange Act.  (Check                  one):Large                  accelerated filer   x                                               Accelerated                  filer                                                        Non-accelerated                  filer                                |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Indicate                  by check mark whether Cleco Power LLC is a large accelerated filer,                  an                  accelerated filer, or a non-accelerated filer.  See definition                  of “accelerated filer and largeaccelerated                  filer” in Rule 12b-2 of the Exchange Act.  (Check                  one):Large                  accelerated filer                                                                     Accelerated                  filer                                                        Non-accelerated                  filer    x      |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Indicate                  by check mark whether the Registrants are shell companies (as defined                  in                  Rule 12b-2 of the Exchange Act)  Yes                            No                    x                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

| Registrant                         | Description                  of Class          | Shares                  Outstanding at April 30, 2007 |
|------------------------------------|------------------------------------------------|-------------------------------------------------------|
|                               |                                           |                                                  |
| Cleco                  Corporation | Common                  Stock, $1.00 Par Value | 59,684,966                                            |

**Cleco        Power LLC, a wholly owned subsidiary of Cleco Corporation, meets the conditions        set forth in General Instructions H(1)(a) and (b) of Form 10-Q and is therefore        filing this Form 10-Q with the reduced disclosure format.**

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| Cleco                        CorporationCleco                        Power |  2007                        1ST QUARTER FROM                        10-Q/A |
|----------------------------------------------------------------------------|----------------------------------------------------------------------------------|

|   |   |
|--------|--------|

**EXPLANATORY        NOTE**

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| Cleco                          CorporationCleco                          Power |  2007                          1ST QUARTER FROM                          10-Q/A |
|--------------------------------------------------------------------------------|--------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

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**ITEM          6****.  **EXHIBITS          

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| **CLECO                  CORPORATION** |                                                                                                                                                                                                                                                                                     |
|----------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| *10(a)                                 | Executive                  Employment Agreement between Cleco Corporation and William G. Fontenot                  effective as of July 28, 2000                                                                                                                                    |
| *12(a)                                 | Computation                  of Ratios of Earnings to Fixed Charges and of Earnings to Combined                  Fixed                  Charges and Preferred Stock Dividends for the three- and twelve-month                  periods ended March 31, 2007, for Cleco Corporation  |
| *31(a)                                 | CEO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002CFO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002          |
| **31.1                                 | CEO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002                                                                                                                                               |
| **31.2                                 | CFO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002                                                                                                                                               |
| *32(a)                                 | CEO                  and CFO Certification pursuant to section 906 of the Sarbanes-Oxley                  Act of                  2002                                                                                                                                              |
| **32.1                                 | CEO                  Certification pursuant to section 906 of the Sarbanes-Oxley Act                  of                  2002                                                                                                                                                      |
| **32.2                                 | CFO                  Certification pursuant to section 906 of the Sarbanes-Oxley Act                  of                  2002                                                                                                                                                      |
|                                   |                                                                                                                                                                                                                                                                                     |
| **CLECO                  POWER**       |                                                                                                                                                                                                                                                                                     |
| *10(b)                                 | 401(k)                  Savings and Investment Plan, Stock Trust Agreement, Amendment No.                  3,                  Effective January 1, 2007                                                                                                                            |
| *12(b)                                 | Computation                  of Ratios of Earnings to Fixed Charges for the three- and                  twelve-month periods ended March 31, 2007, for Cleco Power                                                                                                             |
| *31(b)                                 | CEO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002CFO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002          |
| **31.3                                 | CEO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002                                                                                                                                               |
| **31.4                                 | CFO                  Certification in accordance with section 302 of the Sarbanes-Oxley                  Act of                  2002                                                                                                                                               |
| *32(b)                                 | CEO                  and CFO Certification pursuant to section 906 of the Sarbanes-Oxley                  Act of                  2002                                                                                                                                              |
| **32.3                                 | CEO                  Certification pursuant to section 906 of the Sarbanes-Oxley Act                  of                  2002                                                                                                                                                      |
| **32.4                                 | CFO                  Certification pursuant to section 906 of the Sarbanes-Oxley Act                  of                  2002                                                                                                                                                      |
|                                   |                                                                                                                                                                                                                                                                                     |

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| Cleco                        CorporationCleco                        Power |  2007                        1ST QUARTER FROM                        10-Q/A |
|----------------------------------------------------------------------------|----------------------------------------------------------------------------------|

|   |   |
|--------|--------|

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|   | **CLECO                  CORPORATION**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | (Registrant)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|   | By:  /s/                  R. Russell                  Davis                                                                                                       |
|   | R.                  Russell                  Davis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | Vice                  President and Chief                  Accounting Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

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| Cleco                        CorporationCleco                        Power |  2007                        1ST QUARTER FROM                        10-Q/A |
|----------------------------------------------------------------------------|----------------------------------------------------------------------------------|

|   |   |
|--------|--------|

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|   | **CLECO                  POWER LLC**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | (Registrant)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   | By:  /s/                  R. Russell                  Davis                                                                                                                            |
|   | R.                  Russell                  Davis                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | Vice                  President and Chief                  Accounting Officer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |

June        26, 2007

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