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La. Regulators OK Revised $4.7B Cleco Sale To Investor Bloc

By Keith Goldberg (March 29, 2016, 1:22 PM EDT) -- Louisiana utility regulators on Monday approved the $4.7 billion purchase of Cleco Corp. by a group of investors led by Macquarie Infrastructure & Real Assets Inc., reversing last month's rejection of the deal after the company agreed to additional regulatory commitments including increased rate credits for customers....

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