Quantum Capital to Buy Cogentrix for $3 Bln in Bets on Rising U.S. Power Demand

By Reuters   Private equity firm Quantum Capital Group will buy U.S. independent power producer Cogentrix Energy for about $3 billion from funds managed by the Carlyle Group, the companies said on Monday. Utilities are attracting increased investor interest as technological innovations, including artificial intelligence and data centers, bolster power demand. In May, investment firms … Read more