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Tag: cleco
Louisiana regulators approve Cleco Corporation sale
2016-03-29 15:30:26| Energy - Topix.net
A 4-1 vote late Monday by the Public Service Commission allows the sale to a group of investors.
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Cleco seeks another hearing on investors' bid to buy utility
2016-03-09 12:49:21| Energy - Topix.net
Cleco Corp. has asked state regulators to revisit a decision that prevented investors from buying the utility for $4.9 billion.
Cleco: The Closing Of A Stable Growth Story
2015-11-15 21:41:37| Energy - Topix.net
Even if the deal falls through, this well-run company can still deliver more upside over a longer time frame. As investors know, small cap companies provide investors with overall better-than-expected returns than mid caps or large caps, and as a whole, they definitely provide a better return than the S&P 500.
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closing
Cleco to Be Acquired in $4.7 Billion Deal
2014-10-22 17:58:00| Transmission & Distribution World
Cleco Corp. has entered into a definitive agreement to be acquired by a group of North American long-term infrastructure investors led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corp. read more
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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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