Robbie LaBorde, Chief Operations and Sustainability Officer of Cleco Corp. Holdings, parent company of Cleco Power, met with KALB at the company’s headquarters in Pineville, Louisiana on March ...

Under the terms of the agreement, the new owners will acquire all outstanding shares of Cleco Corporation for $55.37 per share in cash. The price represents approximately a 15 percent premium to ...

The Alliance for Affordable Energy, a leading consumer advocacy group in Louisiana, was a vocal opponent of the deal, which it argued would saddle Cleco with enormous debt and raise customer rates ...