altus power

Altus Power has acquired a 234MW solar portfolio from independent power producer Greenbacker. 

A round-up of news from the US community solar sector this week, including Altus Power, Castillo Energy, NSE and CCSA.

Three investments into the US community solar sector paint a picture of a fast-growing sector being targeted by private asset managers.

Board chair Christine Detrick cited an "ongoing disconnect between the share price and our view of intrinsic value."

Altus Power has published its financial results for 2023, which include full-year revenues of US$155.2 million, a 53% increase over 2022.

Altus Power has acquired an 84MW portfolio of commercial-scale projects from global firm Vitol, in a deal valued at US$118 million.

US-based independent power producer Altus Power has secured US$100 million to fund its expansion plans.

US-based independent power producer Altus Power has acquired solar assets primarily in North and South Carolina, the US, with a combined capacity of 121MW.

US-based independent power producer Altus Power has reached financial close on 220MW of solar PV assets representing an investment of approximately US$293 million.

Solar developer Altus Power has closed an up to US$200 million revolving credit facility, which will support its growth of assets and serve additional customers with solar PV products, storage and vehicle charging.