Altus Power, Inc.

We're expanding our footprint in Maryland! Proud to announce the acquisition of a 3.4 MW Community Solar project from Chaberton Energy. In addition to the more than 380 households that will benefit from the clean electric power generated upon completion, the development also places three acres of land under forest conservation and a $2 million investment in grid upgrades, improving electricity reliability for the community. https://lnkd.in/e8m5DggS

Great insight in Altus Power's blog, The Pulse, from our Chief Legal and Sustainability Officer, Sophia Lee, CFA on how locally generated clean power is helping address the power demand of communities nationwide.

This afternoon, Altus Power announced its third quarter earnings, with a nationwide portfolio of 1GW in operating assets and more than 30,000 Community Solar subscribers, representing nearly 500% growth over the past two years. Commented CEO, Gregg Felton, "Our focus is on generating clean power directly where it’s needed, addressing energy demands and alleviating transmission strain by providing solutions close to where the power is being consumed.” Please join us for our earnings call at 4:30 ET or access the replay for more on our Q3 performance. https://lnkd.in/ecMu3YEU

Altus Power’s CEO, Gregg Felton, recently joined Wood Mackenzie's Interchange Recharged Podcast for a wide-ranging discussion on the role of commercial solar in America’s clean energy future. ?Highlights include: - Altus Power’s strategy of building solar projects near areas of power consumption to ease grid stress and meet the rising demand for electricity. - Growth of Community Solar - How commercial solar helps businesses achieve net zero goals - Benefits of Altus Power’s 1GW in operating assets and plans for future growth Download and listen to learn more: https://lnkd.in/e48XbZPM

Announcing three more projects in the Pine Tree State! Proud to announce the successful completion of our latest Community Solar projects in Maine, adding 19.1 MWs to our growing portfolio. By partnering with multiple developers, we’ve streamlined our operations and consolidated ownership, increasing efficiency and access to clean energy for Maine communities. According to Matt Marlow, co-Head of Investment and Structured Finance, “Our process of acquiring and developing solar assets from many different market participants allows us to build scale swiftly, enabling us to pass along the resulting economies of scale to our partners and the communities we serve.” Read more here: https://lnkd.in/eiqDr62H

Over the past few weeks, I've frequently been asked about the potential impact of the election on the Inflation Reduction Act. Ultimately, we don't anticipate a dramatic change in some of the more favorable aspects of the IRA, including domestic manufacturing and tax credits, regardless of who is in office. We continue to see increasing demand for commercial-scale solar solutions and are confident in our ability to continue to grow faster than the market. https://lnkd.in/e6SwYx7x

We’re excited to announce that Skylar Werde has joined Altus Power as our new Head of Community Solar, one of the most rapidly growing areas of our business. Skylar will oversee all aspects of our Community Solar program, including team management, strategy, revenue, customer acquisition and support and marketing. “Altus Power is a leader in the Community Solar market and I’m excited about the opportunity to expand our Community Solar initiatives,” commented Skylar. Welcome to the team, Skylar! Let’s continue to expand access to the benefits of clean electric power together. https://lnkd.in/eUbbRJt7

Thanks to the NYSE for recognizing our milestone of reaching 1GW!

We’re thrilled to announce that we’ve reached a significant milestone: over 1GW of solar operating assets! This achievement reflects our commitment to advancing renewable energy and powering a cleaner, brighter future. As part of our growth strategy, we’ve restructured our investment team to better position ourselves for the exciting opportunities ahead. We've also expanded our Community Solar program to our 9th state, making the benefits of clean electric power more accessible to households. Together, we’ve delivered more than 1.1 billion kilowatt-hours of clean energy from coast-to-coast. CEO, Gregg Felton, says it best:?“From our first operating asset in Bridgeport, Connecticut, to our most recent in Pueblo, Colorado, Altus Power has built a U.S. portfolio of scale, making us the leader in the transition to clean, electric power for enterprises and households nationwide.” Thank you to our incredible team, partners and customers who have made this journey possible. Here’s to a brighter, greener future! https://lnkd.in/eKgDUQZw

Our thoughts are with those affected by the recent hurricanes. We recognize the profound impact these disasters have on communities. We want to reassure our partners, customers and investors that our solar projects in the affected areas remain unimpacted. We encourage those who are able to consider supporting local relief efforts, donating to organizations that are providing assistance or volunteering in impacted communities. Together, we can help rebuild and create a more resilient future while continuing to power sustainable progress. ?