Carlyle Group considers selling Cogentrix, a $3B-$4B power producer, with advisers Lazard and Latham & Watkins.
Carlyle Group, a private equity firm, is exploring the potential sale of electric power producer Cogentrix, valued between $3B-$4B, with advisers Lazard and Latham & Watkins. Cogentrix, acquired in 2012, has 70+ gas, coal, solar, and renewable assets. Carlyle is also selling other power assets under separate processes due to growing tech advancements like AI and data centers boosting power demand.
June 14, 2024
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