GIC and ArcLight Sell 6 Nat-Gas Plant Interests to Carlyle Group
Posted on 09/30/2014
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. Equity capital for the purchase was provided by two Carlyle […]