Announced
Completed
Synopsis
The Carlyle Group-backed Cogentrix Energy Power Management, an independent power producer and power generation asset manager, completed the acquisition of Altura Cogen, a 600 MW cogen facility that provides steam and electricity to Lyondell Chemical Company. Financial terms were not disclosed. "The acquisition is an excellent addition to the Cogentrix fleet, serving as a gateway to expand our footprint into the ERCOT market," John Ragan, Cogentrix CEO.
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