Cleco to Acquire NRG’s Power Plants Serving 9 Louisiana Coops

Cleco, an energy service company that operates Cleco Power, a Louisiana electric utility, plans to purchase five of NRG’s power generation plants for $1 billion before the end of 2018. These five power generation plants serve nine electric cooperatives throughout Louisiana and provide more than 3,500 megawatts of power. This proposed acquisition is subject to approval from federal and state regulators.

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