Altus Power, In Partnership with Blackstone, Announces Significant Portfolio Growth
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GREENWICH, Conn., Dec. 23, 2020 /PRNewswire/
Altus Power America, Inc. ( Altus Power or the Company ), a leading clean electrification company serving commercial, municipal, utility and residential customers, announced today that it completed the acquisition of approximately 100 megawatts of distributed solar assets across California, Maryland, Massachusetts, Minnesota, New York and Vermont. The company expanded its long-standing partnership with Blackstone to finance the projects. Following the completion of these transactions, Altus Power is among the top 5 largest providers of distributed solar and community solar in the U.S., serving over 300 private and public entities and approximately 5,000 residential customers with output from more than 260 megawatts of distributed solar in operation, and a robust pipeline of solar and storage development opportun