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About the company
Altus Power, Inc. is a commercial-scale provider of serving commercial, industrial, public sector and community solar customers with end-to-end solutions. The Company originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. It is a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic (PV) and energy storage systems, serving commercial and industrial, public sector and community solar customers. Its portfolio consists of 896 megawatts (MW) of solar PV. It has long-term power purchase agreements with approximately over 450 enterprise entities and contracts with over 20,000 residential customers which are serviced by over 240 MW of community solar projects in operation. Its community solar projects are serving customers in eight states. The Company also participates in numerous renewable energy credit (REC) programs throughout the country.
- Revenue in USD (TTM)172.39m
- Net income in USD23.21m
- Incorporated2020
- Employees93.00
- LocationAltus Power Inc2200 Atlantic Street, 6Th FloorSTAMFORD 06902United StatesUSA
- Phone+1 (203) 698-0090
- Fax+1 (302) 655-5049
- Websitehttps://www.altuspower.com/
Mergers & acquisitions
| Acquired company | AMPS:NYQ since announced | Transaction value |
|---|---|---|
| Vitol Netherlands Cooperatief UA-84 Megawatts Solar Arrays | -42.19% | 118.20m |
| Project Hyperion LLC | -51.78% | -- |
| Unico Solar Investors LLC-Core Business | -51.41% | -- |
| Holder | Shares | % Held |
|---|---|---|
| Blackstone Alternative Credit Advisors LPas of 30 Jun 2024 | 21.12m | 13.20% |
| BlackRock Fund Advisorsas of 30 Jun 2024 | 5.50m | 3.44% |
| Encompass Capital Advisors LLCas of 30 Jun 2024 | 4.63m | 2.89% |
| Robeco Schweiz AGas of 30 Sep 2024 | 4.00m | 2.50% |
| SSgA Funds Management, Inc.as of 30 Jun 2024 | 3.66m | 2.29% |
| The Vanguard Group, Inc.as of 30 Jun 2024 | 3.64m | 2.28% |
| Dimensional Fund Advisors LPas of 30 Sep 2024 | 3.17m | 1.98% |
| Invesco Capital Management LLCas of 30 Jun 2024 | 2.94m | 1.84% |
| Liberty Mutual Insurance Co. (Investment Portfolio)as of 30 Jun 2024 | 2.92m | 1.83% |
| Coeli Asset Management ABas of 30 Jun 2024 | 1.74m | 1.09% |
