Ownership Shift: Cleco Utility Acquired for ~$6 Billion

Stonepeak and Bernhard Capital Partners are buying Cleco Group LLC for about $6 billion. This affects 298,000 customers in Louisiana. Learn what happens next.

#ClecoAcquisition, #LouisianaEnergy, #Stonepeak, #BernhardCapital, #UtilityNews

https://newsletter.tf/stonepeak-bernhard-buy-cleco-utility-for-6-billion/

Two investment firms, Stonepeak and Bernhard Capital Partners, are buying Cleco Group LLC for between $5.75 billion and $6 billion. This is a major deal for the Louisiana utility.

#ClecoAcquisition, #LouisianaEnergy, #Stonepeak, #BernhardCapital, #UtilityNews
https://newsletter.tf/stonepeak-bernhard-buy-cleco-utility-for-6-billion/