tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Carlyle to sell Cogentrix Energy to Quantum Capital for $3B, FT reports

Carlyle is selling Cogentrix Energy, one of the largest portfolios of natural gas power plants in the U.S., to Quantum Capital Group for $3B and an announcement is expected Monday, Jamies Smyth, Maria Heeter, and James Fontanella-Khan of The Financial Times report. This comes amid a surge of investor interest in the energy sector linked to the increasing demand for electricity from digital networks.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1