Cleco Corporate Holdings LLC
Extracted from this filing and checked against the source text.
Cleco Corporate Holdings LLC completed a disposition involving Big Pelican LLC and Pelican South Central LLC, affiliates of Atlas Capital Resources IV LP for approximately $600.0 million, with $500.0 million due at closing and $100.0 million payable 24 months after closing (closed 2024-06-01).
Cl eco Cajun LLC and South Central Generating LLC, subsidiaries of Cleco Corporate Holdings LLC, completed the previously announced sale of its unregulated electric utility business pursuant to the Purchase and Sale Agreement, dated November 22, 2023 (the “Purchase Agreement”), with Big Pelican LLC and Pelican South Central LLC, affiliates of Atlas Capital Resources IV LP, for approximately $600.0 million, with $500.0 million due at closing and $100.0 million payable 24 months after closing and subject to the closing purchase price adjustment as set forth in the Purchase Agreement, including adjustments based on net working capital.View on SEC.gov
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