News: Cleco Corp (CNL.N)

CNL.N on New York Stock Exchange

53.27USD
23 Oct 2014
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$0.13 (+0.24%)
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Mon, Oct 20 2014

Macquarie-led group to buy Louisiana utility Cleco

- An investor group led by Macquarie Infrastructure and Real Assets has agreed to buy Louisiana electricity supplier Cleco Corp in a deal valued at about $4.7 billion, including about $1.3 billion of assumed debt.

Macquarie-led group to buy Louisiana utility Cleco Corp

Oct 20 - An investor group led by Macquarie Infrastructure and Real Assets has agreed to buy Louisiana electricity supplier Cleco Corp in a deal valued at about $4.7 billion, including about $1.3 billion of assumed debt.

Exclusive: Iberdrola hires JPMorgan for asset sales to fund U.S. buy

MADRID/FRANKFURT - Spanish power firm Iberdrola has hired JPMorgan Chase & Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said.

Exclusive: Iberdrola hires JPMorgan for asset sales to fund U.S. buy

MADRID/FRANKFURT - Spanish power firm Iberdrola has hired JPMorgan Chase & Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said.

Utility Cleco's sale falters as Macquarie backs out - Bloomberg

Sept 25 - Louisiana's electricity supplier Cleco Corp's effort to find a suitor is faltering as the most likely buyer Macquarie Group Ltd struggles to find investor backing for the deal, Bloomberg reported.

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