Finance

Stonepeak and Bernhard Clinch $6 Billion Deal to Buy Cleco Power

A consortium including Macquarie Group Ltd. has agreed to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners, the companies said in a statement Monday, underscoring surging investor demand for electricity and grid assets.

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Bloomberg
April 27, 2026·1 min read
Stonepeak and Bernhard Clinch $6 Billion Deal to Buy Cleco Power

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A consortium including Macquarie Group Ltd. has agreed to sell Louisiana utility Cleco Power to Stonepeak Partners LP and Bernhard Capital Partners, the companies said in a statement Monday, underscoring surging investor demand for electricity and grid assets.

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Stonepeak and Bernhard Clinch $6 Billion Deal to Buy Cleco Power

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