Carlyle Collects $839M+ for Power Partners II Fund
August 18, 2015
The Carlyle Group has raised over $839 million for Carlyle Power Partners II, according to a recent SEC filing. The fund family invests in power generation and related assets, primarily in North America, and leverages Carlyle's power platform, Cogentrix Energy, which was acquired in December 2012. Power Partners II provided equity capital to support the firm's acquisition of power plant operator Southeast PowerGen last year.