# Oglethorpe Power to acquire Effingham County Power from Carlyle Group

Oglethorpe Power Corporation has entered into a purchase and sale agreement to acquire the 511 MW Effingham County Power natural gas-fired combined-cycle facility in Rincon, Georgia from a Carlyle Group affiliate. The transaction is expected to close in Q2 2021.

- Type: Acquisition
- Announced: 2021-03-02
- Where: Rincon, GA, United States
- Status: announced
- Capacity: 511 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) (target)
- [Oglethorpe Power](https://endata.com/companies/16050.md) (acquirer)
- [Southeast PowerGen](https://endata.com/companies/53572.md) (target)

## Sources

- [opc.com](https://opc.com/2021/03/02/oglethorpe-power-corporation-seeks-to-acquire-natural-gas-fired-combined-cycle-generating-facility-from-the-carlyle-group/), 2021-03-02: "This acquisition of an existing, low-cost and proven facility in Georgia is a good strategic fit for our power supply portfolio."

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