GIC and ArcLight Sell 6 Nat-Gas Plant Interests to Carlyle Group
The Carlyle Group has acquired 75.05% of the outstanding interests and operational control of Southeast PowerGen from Boston-based ArcLight Capital Partners and GIC Private Limited, one of Singapore’s sovereign wealth funds. Southeast PowerGen is a holding company of 6 natural gas-fired power plants in Georgia. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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