-

Altus Power Announces Completion of Solar Rooftop Array in Illinois

Benefits of clean electric power to be delivered to logistics company and local Community Solar subscribers

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the completion of a new 760kW solar system in Cherry Valley, Illinois, in conjunction with a real estate development partner. The benefits of the clean electric power generated by the array will be delivered under a long-term contract to the tenant, helping to decarbonize its operations at the site, as well as supporting the Illinois Shines program.

“This project showcases the power of our partnerships in the context of our early engagement strategy. Working alongside our real estate partner during the property's development phase allowed us to avoid retrofitting an existing building, resulting in significant time and cost savings.,” said Joe DeMarzo-Sanchez, Development Manager, Altus Power. “We’re proud to expand our roster of enterprise customers while also supporting Illinois’ solar initiative.”

Altus Power’s portfolio across 25 states serves enterprises committed to achieving carbon reduction goals. As a full service, end-to-end commercial solar provider, Altus Power generates clean electric power near the place of consumption, alleviating incremental transmission requirements.

About Altus Power

Altus Power, based in Stamford, Conn., is the largest commercial-scale provider of clean electric power serving commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.

Contacts

Altus Power, Inc.

NYSE:AMPS

Release Versions

Contacts

More News From Altus Power, Inc.

Altus Power Announces Acquisition of Community Solar Projects in Minnesota

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, a leading commercial scale power company, today announced the acquisition of a portfolio of operational community solar projects in Minnesota, reinforcing the company’s ability to transact effectively with a wide range of partners and deploy capital with discipline across diverse and evolving market environments. The acquisition underscores Altus Power’s ability to provide certainty and continuity in markets with dynamic regulatory, policy and poli...

Altus Power Acquires 105MW DC of In-Construction Solar Projects from Cordelio Power

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, a leading commercial-scale power company, today announced the acquisition of 105 megawatts of in-construction solar assets from Cordelio Power -- a strategic expansion that underscores Altus Power’s focus on scaling its portfolio through the purchase of high-quality, late-stage assets from development partners seeking to divest non-core assets or recycle capital into new investments. All four ground-mounted projects, located in New York State, rein...

Altus Power Acquires 12 MW of Commercial-Scale Solar Assets Across Four States

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, a leading commercial-scale power company, today announced the acquisition of a 12 MW solar operating portfolio from Hecate Energy across Florida, Georgia, Maryland and Rhode Island. The transaction expands the company’s footprint in key Mid-Atlantic and Southeast markets that have seen a surge in power demand. “This portfolio underscores the power of our differentiated platform--disciplined investment, efficient execution, and long-term customer pa...
Back to Newsroom