Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Cleco Corporation Stockholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against Cleco Corporation (“Cleco” or the “Company”) (NYSE:CNL) concerning the proposed acquisition of the Company by a group of North American long-term infrastructure investors led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation, together with John Hancock Financial and other infrastructure investors (collectively the “Investor Group”). Under the terms of the definitive merger agreement, Cleco stockholders will receive $55.37 in cash for each share of Cleco common stock they own, valuing the transaction at approximately $3.4 billion.