Cleco’s owners have agreed to sell the company

By: SAM KARLIN The Advocate The owners of Cleco Power have reached an agreement to sell the electric utility to Stonepeak Energy and Bernhard Capital Partners in a deal that will keep the firm headquartered in central Louisiana. Terms of the deal weren’t disclosed, but Stonepeak, a New York investment firm, will own the majority interest upon closing, the companies said in a press release Mon…