Stonepeak and Bernhard Capital Partners to Acquire Cleco
Stonepeak and Bernhard Capital Partners to Acquire Cleco
Follows a decade of resilience-focused grid modernization under the ownership of M**acquarie Asset Management, BCI and Manulife Investment Management
NEW YORK and BATON ROUGE, La. and PINEVILLE, La. and VICTORIA, BC, April 27, 2026 — Stonepeak and Bernhard Capital Partners ("Bernhard") today announced an agreement to acquire Cleco Group LLC ("Cleco" or the "Company"), from a consortium comprised of Macquarie Asset Management, British Columbia Investment Management Corporation ("BCI") and Manulife Investment Management ("the Consortium").
Macquarie
BCI
Bernhard
Stonepeak
Summary
Follows a decade of resilience-focused grid modernization under the ownership of Macquarie Asset Management, BCI and Manulife Investment Management NEW YORK and BATON ROUGE, La. and PINEVILLE, La. and VICTORIA, BC, April 27, 2026 /PRNewswire/ -- Stonepeak and Bernhard Capital Partners...