# Carlyle Group to acquire three Emera gas-fired power plants in New England for US$590M

Emera Inc. agreed to sell its three natural gas-fired generation facilities (Bridgeport Energy, Tiverton Power, Rumford Power) in New England to an affiliate of The Carlyle Group for US$590 million. The facilities have a combined capacity of approximately 1,100 MW.

- Type: Acquisition
- Announced: 2018-11-26
- Where: New England (Bridgeport, CT; Tiverton, RI; Rumford, ME), United States
- Value: $590.0M
- Status: announced
- Capacity: 1,100 MW
- Products: natural gas-fired electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Carlyle Group](https://endata.com/companies/458.md) (acquirer)
- [StandardAero](https://endata.com/companies/18163.md) (target)
- [Veritas Capital](https://endata.com/companies/28533.md) (partner)
- [Emera Inc.](https://endata.com/companies/35686.md) (target)

## Sources

- [carlyle.com](https://www.carlyle.com/media-room/news-release-archive/emera-sell-new-england-gas-fired-generation-facilities-carlyle), 2018-11-26: "Emera Inc. has agreed to sell its three natural gas-fired generation facilities in New England, known as Bridgeport Energy, Tiverton Power and Rumford Power, to an affiliate of The Carlyle Group for US$590 million."
- [ippjournal.com](https://ippjournal.com/news/ipptoday-327-carlyle-group-acquires-three-new-england-gas-fired-plants-for-u-590-million), 2018-12-10: "Emera has agreed to sell its three natural gas-fired generation facilities in New England...to an affiliate of The Carlyle Group for US$590 million"
- [carlyle.com](https://www.carlyle.com/media-room/news-release-archive/carlyle-group-acquire-leading-aircraft-engine-mro-provider), 2018-12-18: "We are excited to partner with The Carlyle Group, and we thank Veritas Capital for its support and partnership."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.