Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
Property Manager CBRE To Focus On Solar, Battery Storage Updated On Tue, Aug 16th, 2022 by Saurenergy Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […] Read more
Altus Power Signs $600 M Deal with Trammell Crow for Rooftop Solar Updated On Wed, Mar 30th, 2022 by Saurenergy Solar power developer Altus Power has signed a deal with commercial real-estate player Trammell Crow Co., under which Altus will install solar panels on 35 million square feet of industrial property in the United States. This is the biggest partnership forged by Altus since its inception in 2009, says the company. Lars Norell, Co-Chief Executive […] Read more
Altus Power Raises USD 850 Million to Expand Solar Portfolio Updated On Wed, Jan 15th, 2020 by Saurenergy Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […] Read more
Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States Updated On Thu, Apr 18th, 2019 by Saurenergy The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […] Read more
Altus Power Acquires 6 MW Solar Project in California Updated On Tue, Jun 20th, 2017 by Saurenergy Altus Power notes that the solar project generates approximately 11 million kilowatt hours (kWh) of electricity annually, enough energy to power the equivalent of 800 homes Altus Power America, Inc. has announced the acquisition of a 6 megawatt (MW) DC ground-mounted single-axis tracker solar installation in Rancho Cordova, California. The solar energy system sells clean, […] Read more
Altus Power Energizes 10 MW New Jersey Solar Farm Updated On Thu, May 18th, 2017 by Saurenergy Altus Power notes that commencement of construction of solar farm, known as Spartan solar project occurred in September 2016 and involved hundreds of local jobs. Altus Power has announced the completion of construction and grid interconnection of a 10 MW ground-mounted solar energy system, in North Hanover Township, New Jersey. Altus Power notes that commencement […] Read more
