An investment fund of Macquarie Group Ltd. (ASX: MQG) is leading a consortium of investors in a $4.7 billion acquisition of utility supplier Cleco Corp. (NYSE: CNL).

The investor group includes Macquarie Infrastructure and Real Assets, as well as British Columbia Investment Management Corp. (BCIM) and John Hancock Financial, a division of Canadian insurance company and financial services provider Manulife Financial Corp. (NYSE: MFC).

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