Private equity firm Carlyle Group is exploring the sale of Cogentrix Energy, one of the largest privately held owners and developers of electric power plants in the United States. Cogentrix, which is now on the auction block, operates a diverse portfolio of gas, coal, and renewable energy projects across the country. This move comes as generation facilities become increasingly valuable assets due to the anticipated rise in electricity demand driven by advancements in artificial intelligence.
Carlyle explores sale of electric power producer Cogentrix, FT reports https://t.co/xLvT3czdNu https://t.co/OqEPQ7bQpX
Carlyle explores sale of electric power producer Cogentrix Energy https://t.co/HLGnDGQbdm
🔌SCOOP🔌: One of the largest privately held owners of power plants in the US is on the auction block. ⚡ Private equity firm Carlyle is exploring a sale of Cogentrix Energy, which operates natural gas projects across the US. Latest for the @FT w/ @AntoineGara & @JFK_America https://t.co/iC8nKpBR0r
Carlyle explores sale of electric power producer Cogentrix Generation facilities are suddenly hot assets as AI is expected to drive strong new demand for electricity supply via @HeeterMaria @AntoineGara @JFK_America @FT #PrivateEquity https://t.co/waXVsbrIvp
Scoop: One of the largest developers of power plants in the US is on the auction block. Private equity firm Carlyle is exploring a sale of Cogentrix Energy, which operates gas, coal and renewable projects across the US. W/ @AntoineGara & @JFK_America https://t.co/F5P2J1Sns9
Carlyle explores sale of electric power producer Cogentrix https://t.co/Jgpy6HwbnP