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Stock impact report

Altus Power Announces Completion of Solar Rooftop Array in Illinois [Yahoo! Finance]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Yahoo! Finance
STAMFORD, Conn., December 19, 2024 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 ac Show less Read more
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