Goldman unit sells power plant stakes

Cogentrix Energy, a unit of investment bank Goldman Sachs, has sold an 80% stake in 14 power plants to Energy Investors Funds (EIF), a buyout firm specialising in US energy and power assets.

Terms of the agreement were not disclosed, and reports say Goldman is aiming to structure the transaction as an all-cash sale to close by November 1, pending regulatory approvals.

EIF's United States Power Fund III LP is buying into 14 power projects totalling 2,336 net megawatts of generating capacity

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here