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Stock impact report

Altus Power Announces New Solar Project in San Bernardino, California

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Business Wire
Clean electric power to benefit the San Manuel Landing. STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced an agreement to construct a 1.6 megawatt solar project at the San Manuel Landing, a 1.1 million square foot Class-A logistics center located in San Bernardino, Calif. Altus originated the project in conjunction with its partner, Trammell Crow Company, which developed the San Manuel Landing with the San Manuel Band of Mission Indians (SMBMI).Under a long-term agreement, Altus Power will lease the roof of the building from the San Manuel Band of Mission Indians. Upon completion, the solar array will deliver low-cost clean electric power to the tenant of the building, saving the company money on its utility bills, and reducing emissions by over 21,000 metric tons of carbon dioxide, the equivalent of not burning over 23 million pounds of coal.“Our track record of developing strong customer rela Show less Read more
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