Carlyle to Buy Six Power Plants in California, New Jersey
The Carlyle Group is buying the Red Oak power generation facility in Sayreville, N.J. from Energy Capital Partners. In a separate deal, Carlyle has also acquired five power plants in California. This includes the 122-MW Midway natural gas-fired plant in Firebaugh and the CalPeak portfolio of four natural gas-fired plants totaling 198 MW in Escondido, Firebaugh, San Diego and Vacaville, Calif. Starwood Energy Group Global is selling the Midway plant, while Blackstone's GSO Capital Partners, Starwood and Tyr Energy are selling the CalPeak portfolioio.
9 September 2013•3 mins read
