AMPS Stock Discussion

Altus Power, Inc. Description

Based in Connecticut, US, and founded in 2009, Altus Power America, Inc. operates as a solar asset management company. The firm was co-founded by Lars Norell, Gregg Felton, and Tony Savino. Since its inception, Altus Power America has acquired over 200 distributed generation solar plants comprising over 270 megawatts. In January 2020, GSO Capital Partners recapitalized the company. Altus Power America, Inc. provides a clean electrification ecosystem for the public sector, commercial buildings, and community solar consumers utilizing energy storage, locally sited solar generation, and EV-charging stations. The company also operates as a private investor in clean energy projects and renewable energy certificates for commercial buildings and properties, schools, and municipal buildings. Upon CBRE Acquisition Holdings, Inc's acquisition, Altus Power America will bring its clean energy solutions and expertise to support its clients in reducing their carbon footprint and meeting their other sustainability goals.

Sector: Utilities
Industry: Utilities - Renewable
Keywords: Energy Storage Clean Energy Projects