Exclusive-TPG in talks to acquire solar firm Altus Power, sources say [Yahoo! Finance Canada]
Altus Power, Inc. Class A (AMPS)
Company Research
Source: Yahoo! Finance Canada
Altus Power, a provider of solar power to commercial property owners and residential homes, people familiar with the matter told Reuters on Monday. If the talks between TPG Rise Climate and Altus are successful, a deal could be signed in the coming weeks, the sources said, requesting anonymity as the discussions are confidential. The transaction is yet to be finalized, the sources cautioned, adding that another suitor could also approach Altus and it's possible that no deal with any party is reached. Stamford, Connecticut-based Altus, which is one of the largest owners of commercial-scale solar plants in the United States, had said in October it was working with advisers to explore options including a potential sale. Altus, which has a market value of about $650 million, declined to comment. TPG also declined to comment. (Reporting by David French in New York; Editing by Anirban Sen) Recommended Stories
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News
- TPG Rise Climate in talks for Altus Power acquisition [Yahoo! Finance]Yahoo! Finance
- Emeren Group sells 2.8 MW Maine solar project to Altus Power [Seeking Alpha]Seeking Alpha
- Emeren Group Sells 2.8 MW Maine Solar Project to Altus Power [Yahoo! Finance]Yahoo! Finance
- Altus Power Announces Completion of Solar Rooftop Array in Illinois [Yahoo! Finance]Yahoo! Finance
- Altus Power Announces Completion of Solar Rooftop Array in IllinoisBusiness Wire
AMPS
Earnings
- 11/12/24 - Beat
AMPS
Sec Filings
- 12/6/24 - Form 10-K/A
- 11/20/24 - Form SC
- 11/12/24 - Form 10-Q
- AMPS's page on the SEC website