1 day ago · STAMFORD, Conn. – February 06, 2025 – Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the largest owner of commercial-scale solar in the US, today announced it has entered into a definitive agreement to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy for $5.00 per share of its ...

1 day ago · By combining TPG Rise Climate’s investment capabilities with Altus Power’s domain expertise in commercial-scale solar, Altus Power believes it will be able to scale its operations more rapidly ...

1 day ago · Buyout firm TPG's climate investment arm will acquire Altus Power for $2.2 billion in an all-cash transaction, the provider of solar power to commercial property owners and residential homes said ...

1 day ago · (Reuters) - Buyout firm TPG's climate investment arm will acquire Altus Power for $2.2 billion in an all-cash transaction, the provider of solar power to commercial property owners and residential ...

19 hours ago · TPG, executing the purchase through its TPG Rise Climate Transition Infrastructure strategy, will pay $5 per share of Altus' Class A Kirkland & Ellis LLP-advised TPG has agreed to acquire Latham & Watkins LLP-guided Altus Power in a deal valuing the Stamford, Connecticut-based solar energy provider at approximately $2.2 billion, including debt ...

1 day ago · (Reuters) -Buyout firm TPG's climate investment arm will acquire Altus Power for $2.2 billion in an all-cash deal, including debt, the provider of solar power to commercial property owners and ...

1 day ago · Alternative asset management firm TPG announced today an agreement to Altus Power, the largest owner of commercial-scale solar in the U.S., in an all-cash transaction valuing the company at $2.2 billion. Founded in 2009, Stamford, Connecticut-based Altus Power develops, owns and operates commercial-scale solar arrays, in addition to energy storage and …

1 day ago · Altus Power (NYSE: AMPS), the largest owner of commercial-scale solar in the US, has announced a definitive agreement to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy for $5.00 per share in an all-cash transaction, valuing the company at approximately $2.2 billion, including outstanding debt. The purchase price …

1 day ago · TPG will be taking Altus Power private through this deal, which is expected to close in the second quarter of 2025. Stockholders holding about 40% of Altus Power’s Class A common stock, including funds managed by Blackstone Credit and Insurance as well as a CBRE Group subsidiary, have entered a voting and support agreement backing the ...

Dec 24, 2024 · Private equity firm TPG (TPG) is in advanced talks through its climate-focused investment arm, TPG Rise Climate, to acquire Altus Power (AMPS), a leading provider of solar energy solutions...