PINEVILLE. La. (KLFY) — Cleco, an electric utility serving approximately 298,000 customers in 24 Louisiana parishes, is being acquired by an international investment group. Stonepeak and Bernhard ...

Cleco Group LLC is being sold to Stonepeak and Bernhard Capital Partners for a reported value of nearly $6 billion. The agreement stipulates that Cleco will remain locally managed in Pineville and ...

Louisiana's second-largest electricity provider, Cleco, has agreed to be sold to Stonepeak Energy and Bernhard Capital Partners. The new owners have pledged to keep Cleco's headquarters in Pineville, ...

The state’s second-largest electric utility, Cleco, is set to change hands after two private equity firms announced an agreement Monday to acquire the company. It's a deal that Louisiana Public ...

Stonepeak and Bernhard Capital Partners agreed to buy Cleco Group LLC from a consortium comprised of Macquarie Asset Management, British Columbia Investment Management and Manulife Investment ...

Follows a decade of resilience-focused grid modernization under the ownership of Macquarie Asset Management, BCI and Manulife Investment Management NEW YORK and BATON ROUGE, La. and PINEVILLE, La. and ...

PINEVILLE, La. -- Cleco is undergoing an ownership change. Stonepeak and Bernhard Capital Partners on Monday announced it's buying the power company from a consortium comprised of Macquarie Asset ...

The owners of Cleco Power have reached an agreement to sell the electric utility to Stonepeak Energy and Bernhard Capital Partners in a deal that will keep the firm headquartered in central Louisiana.

Stonepeak will hold the majority stake in Cleco following the closing Currently, Cleco serves approximately 298,000 residential, commercial and industrial customers in 24 Louisiana parishes Cleco will ...