[October 20, 2014]

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Cleco Corporation Stockholders

Kirby McInerney LLP is investigating potential claims against Cleco Corporation ("Cleco" or the "Company") (NYSE:CNL) concerning the proposed acquisition of the Company by a group of North American long-term infrastructure investors led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corporation, together with John Hancock Financial and other infrastructure investors (collectively the "Investor Group"). Under the terms of the definitive merger agreement, Cleco stockholders will receive $55.37 in cash for each share of Cleco common stock they own, valuing the transaction at approximately $3.4 billion.

The investigation concerns whether the Cleco Board of Directors violated its fiduciry duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company's common stock.

If you are a Cleco stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at [email protected], or telephone at (212) 699-1145, Melissa Fortunato, Esq. by email at [email protected], or telephone at (212) 699-1141, or toll free at (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.

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