M&A Deal Summary

Cleco Power Acquires Acadia-580MW Power Station

On February 24, 2010, Cleco Power acquired utilities company Acadia-580MW Power Station from Acadia Power Partners for 304M USD

Acquisition Highlights

This is Cleco Power’s 1st transaction in the Utilities sector.
This is Cleco Power’s largest (disclosed) transaction.
This is Cleco Power’s 1st transaction in the United States.

M&A Deal Summary
Date	2010-02-24
Target	Acadia-580MW Power Station
Sector	Utilities
Buyer(s)	Cleco Power
Sellers(s)	Acadia Power Partners
Deal Type	Divestiture
Deal Value	304M USD

Target

Acadia-580MW Power Station

United States

Acadia is a 580-megawatt natural gas generating unit.

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Buyer(S) 1

Buyer

Cleco Power

Pineville, Louisiana, United States

Category	Company
Sector	Utilities
Employees	963

DESCRIPTION

Cleco Power LLC is a electric utility company.

DEAL STATS	#
Overall	1 of 1
Sector (Utilities)	1 of 1
Type (Divestiture)	1 of 1
Country (United States)	1 of 1
Year (2010)	1 of 1
Size (of disclosed)	1 of 1

Seller(S) 1

SELLER

Acadia Power Partners

Pineville, Louisiana, United States

Category	Company
Founded	1999
Sector	Utilities

DESCRIPTION

Acadia Power Partners LLC is a distributor of electricity.

DEAL STATS	#
Overall	1 of 1
Sector (Utilities)	1 of 1
Type (Divestiture)	1 of 1
Country (United States)	1 of 1
Year (2010)	1 of 1
Size (of disclosed)	1 of 1