News :: Cogentrix Energy Power Management

Cogentrix Recognizes 2022 as Safest Year on Record

1.2023 - We are proud to proclaim 2022 as the safest year on record company-wide, with only one recordable injury in 729,527 total hours worked.

Cogentrix Portfolio Expands With Cogentrix Odyssey Holdings Acquisition

8.20.2021 - Global alternative asset manager, The Carlyle Group and its affiliated independent power producer and power generation asset manager, Cogentrix Energy Power Management, LLC, closed on the acquisition of a 100% interest in the Altura Cogen facility and a 50% interest in the Cedar Bayou 4 facility, both of which are located in Texas within the ERCOT market.

Carlyle and Cogentrix Sell Effingham County Power Facility

8.3.2021 - Carlyle and Cogentrix closed on Project Bronco, completing the sale of the Effingham County Power Facility to Oglethorpe Power Corporation (OPC). Effingham is a 511 MW operating combined-cycle generating and transmission facility located in the city of Rincon, Georgia.

Cogentrix Embraces The Sealed Deal

6.28.2021 - The venture began nearly one year ago today when Carlyle acquired the Hamilton portfolio from Panda. What originated as a 50-50 joint venture with EIG, a global energy investment fund, has now evolved to Carlyle becoming the sole owner of the Liberty and Patriot plants.

Cogentrix Takes on Three Facilities in New England

12.13.2018 - Emera Inc. (TSX:EMA) has agreed to sell its three natural gas-fired generation facilities in New England, known as Bridgeport Energy, Tiverton Power and Rumford Power, to an affiliate of The Carlyle Group for US$590 million (C$780 million).

Wind Added to Cogentrix Repertoire

9.6.2018 - Washington, DC and New York – Global alternative asset manager The Carlyle Group (NASDAQ: CG) and wind energy company Noble Environmental Power today announced that Carlyle, through its newly-established affiliate Zephyr Wind Energy, will acquire from Noble Environmental Power

Three Illinois Peakers Added to Cogentrix Fleet

7.5.2017 - Global alternative asset manager, The Carlyle Group (NASDAQ: CG) and its affiliated independent power producer and power generation asset manager, Cogentrix Energy Power Management, LLC

Cogentrix Adds Energy Marketing Function

1.29.2017 - The integration of Essential Power into the power generation portfolio of The Carlyle Group (NASDAQ: CG) has been successfully concluded.

Cogentrix Owner Raises $1.5B for Power Generation Deals

4.12.2016 - Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that it has completed fundraising for Carlyle Power Partners II (CPP II) with more than $1.5 billion in commitments from a diverse group of investors globally.

Carlyle to Acquire Major Northeast Power Portfolio

2.2.2016 - 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

Carlyle Closes Stake in 2.8GW Georgia Portfolio

12.3.2015 - 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

Cogentrix to Manage 583MW Rhode Island Plant

10.8.2015 - 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,

Cogentrix Expands California Portfolio

1.15.2015 - Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire the Malaga Peaking Plant located in Fresno, California.