The Carlyle Group to Acquire Six Power Plants in California, New Jersey
Submitted by aburr on Mon, 2013-09-23 13:18The Carlyle Group agreed to acquire the Red Oak power generation facility in Sayreville, New Jersey, and has separately closed on the purchase of five power plants in California. The acquisitions were executed in conjunction with Carlyle’s power affiliate Cogentrix. Red Oak, which is being acquired from Energy Capital Partners, is an 823-MW natural gas-fired combined-cycle power plant located in Sayreville, New Jersey.