Altus Power, Inc., a Market-Leading Clean Electrification Company, Acquires 79 MW of Operating Solar Power Generation Assets
GREENWICH, Conn.–(BUSINESS WIRE)–Altus Power, Inc. (“Altus Power” or the “Company”) today announced that it has acquired a 79 megawatt (MW) portfolio of solar projects operating across seven US states. The portfolio was acquired from private equity funds managed by True Green Capital Management, LLC. Following the acquisition, Altus Power’s portfolio of operating generation assets now totals over 340 MW. The acquisition follows the announcement of Altus Power’s planned business combination with CBRE Acquisition Holdings, Inc. (NYSE: CBAH), which is expected to result in Altus Power becoming a public company listed on the New York Stock Exchange.