The Town Talk – Cleco sale approved

​At a special session on March 28th, 2016 the Louisiana Public Service Commission approved the previously rejected Cleco/Macquarie sale.

Casey DeMoss, CEO of the Alliance for Affordable Energy, called the result “a gold mine for Macquarie, a land mine for ratepayers and the commission.”

DeMoss told the commission, “Nothing has fundamentally changed about the risks you didn’t like a month ago. So many questions about this deal have not been answered. They have rearranged some furniture in the house, but the foundation is still cracked.”

For the full story from Jeff Matthews click on the link below.

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