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Stonepeak and Bernhard Clinch $6 Billion Deal to Buy Cleco Power
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Stonepeak and Bernhard Clinch $6 Billion Deal to Buy Cleco Power

Bloomberg Markets · Apr 27, 2026, 4:13 PM · Also reported by 2 other sources

A consortium including Macquarie Group Ltd. has agreed to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners, the companies said in a statement Monday, underscoring surging investor demand for electricity and grid assets.

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