Altus Power (NYSE:AMPS), the largest commercial-scale provider of clean electric power, today announced the completion of a 1.7 MW rooftop solar project at 700 Crocker Drive in Vacaville, CA, an 839,000 square foot distribution center. The solar array, part of California's Net Energy Metering 2.0 program, is designed to meet nearly 80% of the distribution center's annual energy consumption, providing the power it generates at a discounted rate. It is also expected to reduce emissions by 1,000 metric tons of CO2 annually and 35,000 metric tons over its useful life. "Projects like this showcase the dual benefits of commercial-scale solar," said Brett Phillips, Altus Power's Director of West

NORWALK, Conn., Dec. 20, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE:SOL), a leading global solar project developer, owner, and operator, today announced the sale of its 2.8 MWdc solar project located in Maine to Altus Power, Inc. ("Altus Power") (NYSE:AMPS), the largest commercial scale provider of clean electric power. This transaction underscores Emeren's commitment to advancing clean energy solutions and its active role in supporting renewable energy goals nationwide. The project is the final asset to be sold from Emeren's Maine

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

Clean Electric Power Generated from Project to Benefit New Jerseyans Through the State's Community Solar Energy Program Altus Power (NYSE:AMPS), the largest commercial scale provider of clean electric power, today announced an agreement to construct a 10.5-megawatt solar project on three modern logistics buildings in New Jersey totaling more than 1.1 million sq. ft., developed by Trammell Crow Company (TCC) and CBRE Investment Management (CBRE IM). Upon completion, the benefits of the clean electric power generated from the solar array will be made available to CBRE IM tenants and local New Jersey residents through the Altus Power Community Solar program, part of the New Jersey Community

Altus Power (NYSE:AMPS), the largest commercial-scale provider of clean electric power, today announced the acquisition of three operational projects in Maine, adding a total of 12.8 MWs to its growing presence in the Pine Tree State. Purchased from multiple developers, the late-stage development projects are part of the company's strategic focus on acquiring operational assets that provide immediate benefits to local communities. "Our ability to acquire and develop solar assets from a variety of partners allows us to scale quickly and efficiently, ensuring that the economic and environmental benefits of solar power reach more enterprises and households," said Matt Marlow, co-Head of Inve

Altus Power (NYSE:AMPS), the largest commercial scale provider of clean electric power, today announced that Gregg Felton, CEO will be participating in various industry conferences in early December, including a fireside chat at the Jefferies Renewables & Clean Energy Conference (Dec. 4) and a panel discussion at the Bank of America Clean Energy Symposium (Dec. 5), both in New York. "As energy demand continues to surge, the strain on our generation and transmission systems grows," said Gregg Felton, CEO of Altus Power. "We're looking forward to participating in these discussions to share how locally generated solar power is uniquely positioned to alleviate these challenges while driving a

Altus Power, the largest commercial-scale provider of clean electric power, today announced the acquisition of a 3.4 MW solar project from Chaberton Energy, a Maryland-based national renewable energy project developer, which Altus Power will complete development of and then construct. Upon completion, the power generated by the asset, owned and operated by Altus and located in East New Market, Maryland, will deliver the benefits of clean, electric power to the local community, through Maryland's Community Solar Energy Generating Systems (CSEGS) pilot program. "We're proud to be expanding our portfolio in Maryland and growing our Community Solar subscriber base in the state, enabling more

Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En

Third Quarter Financial Highlights Third quarter 2024 revenues of $58.7 million, a 30% increase as compared to third quarter 2023 GAAP net income of $8.6 million for third quarter 2024, as compared to $6.8 million for third quarter 2023 Adjusted EBITDA* of $37.0 million for third quarter 2024, a 27% increase as compared with third quarter 2023 Recent Business Highlights Nationwide portfolio that surpassed 1 GW in operating assets as of September 30, 2024 Expanded Community Solar subscriber base to approximately 30,000 households across nine states Generated 333 million kilowatt hours of clean electric power in third quarter 2024, the equivalent of approximately 232,000

Altus Power (NYSE:AMPS), the largest commercial-scale provider of clean electric power, today announced the successful completion of three new solar projects in Maine, adding a total of 19.1 MWs to the company's expanding portfolio. By collaborating with multiple development partners, Altus Power has streamlined operations, consolidating these projects to become the sole owner producing enhanced operational efficiency within Maine. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241031198612/en/Altus Power Community Solar project in Maine (Photo: Business Wire) "Our process of acquiring and developing solar assets from many differ

Altus Power (NYSE:AMPS), the largest commercial-scale provider of clean electric power, announced today that Richard A. Shapiro has joined its Board of Directors. Shapiro will serve as chair of the Compensation Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801889693/en/Richard Shapiro (Photo: Business Wire) "Altus Power's position as the largest player in the commercial solar space, together with our expertise and platform capability allow us to deliver the benefits of locally-generated clean electric power, providing our customers with greater access and energy security. As we scale our portfolio of solar assets,

The Board of Directors has Accepted the Resignation of Lars Norell as co-CEO and Appointed Gregg Felton as sole Chief Executive Officer Altus Power, Inc. (NYSE:AMPS) ("Altus Power" or the "Company") announced today that the Board of Directors has accepted the resignation of Lars Norell as a co-CEO and as a director of the Company, effective April 26, 2024, and has appointed Gregg Felton as sole Chief Executive Officer of the Company. Mr. Felton will assume all of the duties formerly performed by Mr. Norell. Christine Detrick, Chairperson of Altus Power, said, "The Board has confidence that Gregg will move Altus Power forward with positive momentum and drive long-term shareholder value c

Altus Power (NYSE:AMPS), the largest commercial scale provider of clean, electric power, today announced the appointment of Robert Bernard, CBRE's Chief Sustainability Officer, to its Board of Directors. Bernard assumes the board seat made available by the recent retirement of Bill Concannon, who led CBRE's partnership with Altus Power since 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240304865757/en/Robert Bernard (Photo: Business Wire) "With more than two decades of experience investing in companies that drive sustainable investment and as Microsoft's first Chief Environmental Strategist, Rob's wealth of experience al

Altus Power, Inc. (NYSE:AMPS), a leading commercial-scale provider of clean electric power, announced today that Tina Chan Reich has joined its Board of Directors. Ms. Reich will serve as a member of both the Audit Committee and the Nominating and Corporate Governance Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231101847943/en/Tina Chan Reich, Altus Power Board Member (Photo: Business Wire) "Altus Power is already supplying hundreds of large enterprises and thousands of residential customers with the benefits of clean electric power. As we grow, we will continue to develop and enhance our current digital platform t

Altus Power (NYSE:AMPS), the leading independent owner and operator of commercial-scale solar solutions, today released its 2022 Sustainability Report, "Making Power, Making Progress," highlighting the company's progress and commitment to sustainability in the areas of Environmental, Social and Governance (ESG). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230731701321/en/ "Altus Power was founded with the goal of addressing the urgent need to transform the way we generate and consume power. Our solar arrays produce clean and affordable electric power, displacing utility power generated from fossil fuels and directly enabling

Altus Power, Inc. ("Altus Power" or the "Company") (NYSE:AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced the appointment of Sophia Lee as its Chief Sustainability Officer, in addition to her current role as the Company's Chief Legal Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230206005246/en/(Photo: Business Wire) "Sophia's dedication to formalizing our firm-wide commitment to sustainability practices and her determination to embed environmental, social and governance (ESG) principles into every facet of our business has helped Altus Power make further

Altus Power, Inc. ("Altus Power" or the "Company") (NYSE:AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that Diane Brink has joined its Board of Directors. Ms. Brink will additionally chair the Compensation Committee and serve as a member of the Audit Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230124005225/en/(Photo: Business Wire) "Diane's proven track record leading marketing and customer experience complements the skill set of our current Board of Directors," said Christine Detrick, Chairperson of Altus Power. "Altus Power is in the business of

STAMFORD, Conn., Feb. 22, 2022 /PRNewswire/ -- Altus Power, Inc. ("Altus Power" or the "Company") (NYSE:AMPS) today announced the hiring of Chris Shelton to the position of Head of Investor Relations. Shelton began work in this position on February 7th, 2022. Shelton, who most recently worked for Millennium Management prior to joining Altus Power, will oversee all investor relations activities for the company. With over 18 years of buy-side experience investing in, and as an analyst covering, the utility and renewables sectors, Shelton brings a wealth of public market experie

STAMFORD, Conn., Jan. 26, 2022 /PRNewswire/ -- Altus Power, Inc. ("Altus Power" or the "Company") (NYSE:AMPS) today announced the hiring of Dan Alcombright to the newly created position of Chief Platform Officer. Alcombright began work in this position on January 3rd, 2022. Alcombright, who most recently worked for Duke Energy prior to joining Altus Power, will join the Company's leadership team and oversee its strategy to scale operations across the platform, build sustainable value through its alliances with portfolio partners CBRE, Blackstone and others, and accelerate grow