Altus Power, Inc.
AMPS-WT
New York Stock Exchange2.89
USD
+0.03
- -
CIK
0001828723
Return %
Stock
S&P500
1Y
0.00
26.53
3Y
0.00
76.60
5Y
0.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- CIK
- 0001828723
- Similar Companies
- Business
- Altus Power, Inc. is a leading clean electrification company dedicated to developing, owning, and operating commercial-scale solar generation and energy storage assets across the United States. The company provides a full suite of clean energy solutions, including solar electricity delivered through long-term power purchase agreements (PPAs), net metering credit agreements, and electric vehicle charging infrastructure for various clients. Altus Power primarily serves commercial, industrial, public sector, and community solar customers, delivering reliable, locally generated clean power to businesses, schools, hospitals, and municipalities. Their revenue model is largely driven by these long-term contracts, supplemented by the sale of Solar Renewable Energy Certificates (SRECs) and various incentives. Altus Power distinguishes itself through a focus on the often underserved commercial and industrial solar market, providing predictable revenue streams and offering clean power at competitive rates. The company leverages strategic partnerships, including a collaboration with CBRE, and pursues growth through both organic development and the acquisition of solar portfolios. By 2024, Altus Power had surpassed one gigawatt of operating assets. In a significant recent development, Altus Power entered into and subsequently closed an agreement in April 2025 to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy in an all-cash transaction valued at approximately $2.2 billion, including outstanding debt. Upon the completion of this transaction, Altus Power transitioned to a privately-held company, with its Class A common stock no longer listed on the New York Stock Exchange. The company also introduced Altus IQ, an AI-powered SaaS platform designed to offer businesses insights into energy usage, carbon accounting, and strategies to achieve net-zero goals.