The Alliance for Affordable Energy is urging credit ratings agencies to review the details of the sale and is urging the Public Service Commission to revisit its approval of the deal (the approval made on 03/28). For the full story follow the link listed below.
The Town Talk Letter to the Editor – Cleco sale not what is best for people of LA
During a Special Session held on March 28th, 2016 the Louisiana Public Service Commission approved the previously denied sale of Cleco Power to Macquarie Infrastructure and Real Assets. Please read the letter to the editor listed below. The Alliance for Affordable Energy and Chariman of the Louisiana Public Service Commission Clyde Holloway are not the […]
KALB TV – Cleco sale approved by LPSC
At a special session on March 28th, 2016 the Louisiana Public Service Commission approved the previously rejected Cleco/Macquarie sale. For the full story click on the link listed below.
The Town Talk – Cleco sale approved
At a special session on March 28th, 2016 the Louisiana Public Service Commission approved the previously rejected Cleco/Macquarie sale. For the full story and to read the statement made by CEO of the Alliance for Affordable Energy, Casey DeMoss, click on the link listed below.
AP/ABC News – Cleco sale approved
At a special session on March 28th, 2016 the Louisiana Public Service Commission approved the previously rejected Cleco/Macquarie sale. For the full story and to read the statement made by CEO of the Alliance for Affordable Energy, Casey DeMoss, click on the link listed below.
Law360.com – Cleco sale denied
On February 24th the Louisiana Public Service Commission ruled that the Cleco sale was not in the public’s best interest. For Law360.com’s coverage of the Cleco sale rejection click on the link listed below.
KADN – Cleco buyout rejected
On February 24th the Louisiana Public Service Commission ruled that the proposed Cleco sale was not in the public’s best interest. For KADN‘s coverage of the 02/24 LPSC meeting click on the link listed below.
Utility Dive – Cleco sale denied
On February 24th, 2016 the Louisiana Public Service Commission ruled that the Cleco sale was not in the public’s best interest. For the full Utility Dive insight about the denial of the Cleco sale click on the link listed below.
The Advocate – Cleco sale denied
On February 24th, 2016 Louisiana Public Service Commissioners ruled that the sale of Cleco Power to Macquarie Infrastructure and Real Assets is not in the public’s best interest. For The Advocate’s full coverage of the 02/24 Louisiana Public Service Commission meeting click on the link listed below.
New Orleans Sun Times – Cleco sale up for approval
New Orleans Sun Times discusses the upcoming vote by the Louisiana Public Service Commissioner to approve or not approve the proposed Cleco sale. For the full story click on the link listed below.
KALB TV – Chairman of LPSC opposes Cleco sale
The Chairman of the Louisiana Public Service Commission Clyde Holloway has stated publicly that he does not support the proposed Cleco sale. KALB TV reports on Chairman Holloway’s statement about the proposed Cleco sale. For the full story click on the link below
Equities.com discusses stock prices of Cleco Power
Local and national entities have taken notice of the proposed Cleco sale. Equities.com reports on stock prices of Cleco Power during the month of February. February 24th is the date of the Louisiana Public Service Commission B & E meeting where Commissioners will decide if the Cleco/Macquarie sale will be approved or not. For the […]
The Reading Eagle reports on proposed Cleco sale
The Reading Eagle of Reading, PA reports on the Administrative Law Judge ruling that the Cleco sale is not in the public’s best interest. To read the full story click on the link listed below. Background about proposed Cleco/Macquarie sale: Cleco Power, the oldest of Louisiana’s major electric utility companies, is the target of a private […]
WDSU reports on ALJ ruling that Cleco sale not in public’s best interest
WDSU TV New Orleans reports on Administrative Law Judge Valerie Seal Meiner’s ruling that the proposed Cleco sale is not in the public’s best interest. To view the full story click on the link listed below. Background about proposed Cleco/Macquarie sale: Cleco Power, the oldest of Louisiana’s major electric utility companies, is the target of a […]
KALB TV – ALJ rules Cleco Sale not in public’s best interest
KALB TV coverage of Administrative Law Judge Valerie Seal Meiner’s ruling that proposed Cleco sale is not in the public’s best interest. For KALB TV’s coverage of ALJ Meiner’s ruling on proposed Cleco sale click on the link below. Background: Cleco Power, the oldest of Louisiana’s major electric utility companies, is the target of a private […]
WWL ‘The Think Tank’ discusses proposed Cleco sale
WWL Radio’s ‘The Think Tank’ with Garland Robinette interviews CEO of the Alliance for Affordable Energy, Casey DeMoss and President of Cleco Power, Darren Olagues about the proposed Cleco sale. To hear the interviews click on the link below. Background about proposed Cleco/Macquarie sale: Cleco Power, the oldest of Louisiana’s major electric utility companies, is the […]
Bloomberg News paying attention to proposed Cleco sale
The proposed sale of Cleco to a group of foreign investors has caught the eye of Bloomberg News columnists. For Bloomberg News coverage about the proposed Cleco sale click on the link below. Background: Cleco Power, the oldest of Louisiana’s major electric utility companies, is the target of a private equity takeover bid by […]
The Daily Iberian – New Iberia Town Hall Meeting regarding proposed Cleco sale
On February 18th the Alliance for Affordable Energy hosted three Town Hall meetings to inform people about the risks involved in the proposed Cleco sale. Click on the link below for The Daily Iberian’s coverage of the New Iberia Town Hall meeting. Background : Cleco Power, the oldest of Louisiana’s major electric utility companies, is the […]
Letter to the Editor – Cleco sale not in public’s best interest
Officials, like Louisiana Public Service Commissoner Clyde Holloway and Administrative Law Judge Valerie Seals Meiner have agreed that the proposed Cleco sale is not in the public interest. Many Louisiana citizens also agree that this deal is not good for the people of Louisiana. Click on the link below to read a letter to the […]
Alliance for Affordable Energy holds Town Hall meetings about Cleco takeover
Cleco Power, the oldest of Louisiana’s major electric utilities, is the target of a private equity takeover by a foreign-owned investment group, Macquarie Infrastructure and Real Assets, based in Sydney, Australia. The Alliance for Affordable Energy (The Alliance) has continuously spoken out against this proposed sale. The Alliance will hold three Town Hall meetings on […]
Proposed Cleco takeover – ALJ recommends against sale
Cleco Power, the oldest of Louisiana’s major electric utilities, is the target of a private equity takeover by a foreign-owned investment group, Macquarie Infrastructure and Real Assets, based in Sydney, Australia. “Administrative Law Judge Valerie Seal Meiners joined commission staff in recommending against the sale as currently structured.” The Alliance for Affordable Energy has continuously spoken […]
Our take on the LA Commissioner’s approval of Cleco sale
Monday’s (March 28th) Louisiana Public Service Commission decision to allow the Cleco/Macquarie purchase to take place is a prime example in how not to create good public policy. Despite Macquarie’s new promises made, the fundamental flaws of the deal for the foreign investment firm to purchase Louisiana’s oldest utility are still present. The Alliance for […]
LA Commissioners allow sale of Cleco
After a special session on Monday, March 28th, the Louisiana Public Service Commission voted to approve the sale of Cleco to Macquarie Infrastructure and Real Assets for $ 4.9 billion. The Alliance for Affordable Energy has steadfastly opposed the sale. Click here to read what Alliance for Affordable Energy’s CEO, Casey DeMoss had to say […]
Cleco Power LLC Request to Initiate an IRP Processes – LPSC Docket I-33015
Synopsis: Cleco Power LLC Request to Initiate and IRP Processes Re LPSC Docket R-30021 and I-33015
