Fundraising - APRIL 11, 2016

The Carlyle Group holds $1.5b final close

by Andrea Waitrovich

The Carlyle Group has announced a $1.5 billion final close for its Carlyle Power Partners II.

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, N.C.

CPP II has started to invest its capital with three transactions announced since its initial closing, each involving highly competitive gas-fired power plants. Following completion of the fund’s acquisition of Essential Power, announced in February 2016, the Carlyle Power Partners portfolio will include 28 facilities representing a total capacity of more than 5,800 megawatts.

Carlyle Power Partners I closed  in May 2013.



Fund data at your fingertips. Subscribe to the FundTracker database.


Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?