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Carlyle to sell power producer Cogentrix Energy in $3bn deal

Private equity group Quantum Capital will buy owner of natural gas power plants
Cogentrix owns 11 natural gas power plants in markets across the US

Carlyle is selling one of the largest portfolios of natural gas power plants in the US for $3bn, amid a surge of investor interest in the energy sector linked to the soaring demand for electricity from digital networks.

The US private equity firm will sell Cogentrix Energy to Quantum Capital Group, a Houston-based private equity group focused on energy investments. An announcement is expected on Monday.

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