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Stock impact report

Altus Power and CBRE Partner on 10.5 MW Project at the Arsenal Trade Center in New Jersey [Yahoo! Finance]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Yahoo! Finance
STAMFORD, Conn., December 17, 2024 BUSINESS WIRE )--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 Solar Energy Program. "The introduction of this solar project in the heart of the Central New Jersey Industrial Market marks a significant milestone in our partnership with CBRE IM and TCC and our shared commitment to delivering sustainable energy solutions," said Brett Phillips, Director, Investment and Structured Finance, Altus Power. "With the addition of these Show less Read more
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