Quantum Capital to buy Cogentrix Energy for $3 billion
POWER & RENEWABLE ENERGY

Quantum Capital to buy Cogentrix Energy for $3 billion

Quantum Capital is set to acquire Cogentrix Energy, a US power producer, for $3 billion. Cogentrix, which was purchased by Carlyle from Goldman Sachs in 2012, manages over 70 assets across gas, coal, solar, and other renewable energy sources. The transaction is anticipated to be finalised between the fourth quarter of 2024 and the first quarter of 2025. (Reuters, Quantum Cap, Business Standard)

Quantum Capital is set to acquire Cogentrix Energy, a US power producer, for $3 billion. Cogentrix, which was purchased by Carlyle from Goldman Sachs in 2012, manages over 70 assets across gas, coal, solar, and other renewable energy sources. The transaction is anticipated to be finalised between the fourth quarter of 2024 and the first quarter of 2025. (Reuters, Quantum Cap, Business Standard)

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