News / The Carlyle Group Raises $1.5 Billion for North American power generation assets

The Carlyle Group Raises $1.5 Billion for North American power generation assets

🕔 April 18, 2016
Orion Energy Partners' second fund closes at US$816 million

Global alternative asset manager The Carlyle Group has announced that it has completed fundraising for Carlyle Power Partners II (CPP II) with more than US$1.5 billion in commitments from a diverse group of investors globally. The fund targets power generation assets throughout North America and leverages the technical, engineering and management capabilities of Cogentrix Energy, a power operations platform based in Charlotte, NC.

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