Stonepeak and Bernhard Capital Partners to Acquire Cleco

PINEVILLE–Stonepeak and Bernhard Capital Partners (“Bernhard”) announced Monday an agreement to acquire Cleco from a consortium comprised of Macquarie Asset Management, British Columbia Investment Management Corporation (“BCI”) and Manulife Investment Management (“the Consortium”). Headquartered in Pineville, Louisiana, Cleco is a regulated electric utility with 1,200 dedicated employees serving …