Category archive: News

The Carlyle Group to Acquire Power Generation Portfolio from IFM Investors

Purchase to Bring Carlyle’s Power Generation Assets to 5,800 Net MW   Washington, DC and New York – Global alternative asset manager The Carlyle Group (NASDAQ: CG) and global fund manager IFM Investors are pleased to announce that Carlyle has agreed to acquire Essential Power, a 1,767 net MW power generation portfolio with headquarters in…

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The Carlyle Group to Acquire Rhode Island State Energy Center

Washington, DC – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire 100% of the interests in the Rhode Island State Energy Center (RISEC), a 583 MW natural-gas fired power plant located in Johnston, Rhode Island, from subsidiaries of Entergy Corp. (NYSE: ETR). Carlyle agreed to pay $490…

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Customized Energy Solutions Executes Agreement with Cogentrix for PJM Generation Scheduling Services

PHILADELPHIA–(BUSINESS WIRE)–Customized Energy Solutions (CES) has entered into agreements with companies managed by Cogentrix Energy Power Management, LLC (“Cogentrix”) to provide operations and dispatch support, and market scheduling and settlement services for two generation facilities in Virginia. This relationship will help enable Cogentrix to continue to expand its participation in energy markets throughout North America….

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The Carlyle Group Bolsters Power Generation Portfolio in California with Acquisition of Malaga Peaking Plant

Washington, DC – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire the Malaga Peaking Plant located in Fresno, California. The 96 MW acquisition is being done in conjunction with Carlyle portfolio company Cogentrix Energy Power Management, LLC and increases Carlyle’s power generation assets to more than 4,400…

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The Carlyle Group Completes Acquisition of Power Generation Portfolio in Georgia

The Carlyle Group Completes Acquisition of Power Generation Portfolio in Georgia Carlyle’s Power Management Team Closes on Majority Stake in 2,815 Megawatts Washington, DC – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has completed the acquisition of 75.05% of the outstanding interests of Southeast PowerGen, a portfolio of six natural…

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