The Carlyle Group has agreed to sell Cogentrix Energy, a premier U.S. independent power producer, to Quantum Capital Group for $3.0 billion. The transaction, announced Aug. 5, is expected to close between the fourth quarter of 2024 and the first quarter of 2025. Carlyle and Cogentrix were represented by a Latham & Watkins team including partners David Allinson and Daniel Williams. Houston-based Quantum was advised by King & Spalding and Vinson & Elkins.
Investment Firms
August 06, 2024, 1:10 PM