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0 0 0 -0.00224574911774131 -0.00224574911774131 0.000962463907603501 0.000962463907603501 0.00417067693294846
Stock impact report

Altus Power launches review of strategic alternatives Oct. 15, 2024 4:41 PM ET By: Carl Surran , SA News Editor [Seeking Alpha]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Seeking Alpha
"The ongoing disconnect between the share price and our view of intrinsic value gives the board and management confidence that exploring alternative ownership structures is a prudent course to maximize value for our investors, partners, customers and employees," Chair Christine Detrick said. As part of its strategic evaluation, Altus Power ( AMPS ) said it reaffirmed guidance for FY 2024. Altus Power ( AMPS ) also said it retained Moelis & Company and Latham & Watkins to assist with the review and expects the process to be completed by H1 2025. Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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