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Investor group pays $3.4B for power company Cleco

2014-10-20 16:08:12| Energy - Topix.net

An investment group led by Macquarie Infrastructure and Real Assets will buy the Louisiana power company Cleco for $3.4 billion. The group will pay $55.37 in cash for each share of Cleco, which owns the regulated electric utility Cleco Power.

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