Caryle Group

QUAIL BRUSH DEVELOPER SELLS TO THE CARLYLE GROUP

Gas-powered plant is pitched to provide backup for non-windy days at Ocotillo wind project—also owned by Carlyle

By Miriam Raftery

January 2, 2013 (San Diego’s East County ) –Cogentrix has sold a majority of its North American assets, including Quail Brush GENCO (applicant for the Quail Brush power plant near Mission Trails) to subsidiaries of Carlyle Entities, managed by the Carlyle Group.   View letter to  California Energy Commission with details.   

Cogentrix had argued that the Quail Brush gas-fired “peaker” power plant was necessary to meet energy needs when there is now enough wind or sunshine for large-scale wind and solar projects.

Carlyle's 2009 Annual Report confirms that Carlyle also founded Pattern Energy, developer of the Ocotillo Express Wind project, a site that has drawn criticism for minimal wind resources.  But now, if Quail Brush is built, Carlyle stands to profit whether the wind blows or not.