La. Utility Regulators Nix $4.7B Cleco Sale To Investor Bloc

By Keith Goldberg (February 25, 2016, 2:43 PM EST) -- Louisiana utility regulators on Wednesday rejected the $4.7 billion purchase of Cleco Corp. by a group of investors led by Macquarie Infrastructure & Real Assets Inc., a week after an administrative law judge said the deal wasn't in the public interest....

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