Cleco holders overwhelmingly support merger with N. American-led investor group Cleco announced its shareholders approved the adoption of the previously announced merger agreement pursuant to which Cleco will be acquired by a North American investor group led by Macquarie Infrastructure and Real Assets and by British Columbia Investment Corporation. During a special meeting of shareholders, investors voted on merger- related proposals, which included the merger transaction and a non-binding advisory vote on merger compensation. The merger proposal passed with a vote of more than 94% of votes cast, which is equal to approximately 77% of all shares outstanding. The advisory merger compensation proposal passed with a vote of more than 82% of votes cast. The transaction is expected to close in the second half of the year.