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Stock impact report

Altus Power Strengthens its Presence in Maine with Operationalization of Three New Community Solar Projects [Yahoo! Finance]

Altus Power, Inc. Class A (AMPS) 
Company Research Source: Yahoo! Finance
announced the acquisition of three operational projects in Maine, adding a total of 12.8 MWs to its growing presence in the Pine Tree State. Purchased from multiple developers, the late-stage development projects are part of the company's strategic focus on acquiring operational assets that provide immediate benefits to local communities. "Our ability to acquire and develop solar assets from a variety of partners allows us to scale quickly and efficiently, ensuring that the economic and environmental benefits of solar power reach more enterprises and households," said Matt Marlow, co-Head of Investment and Structured Finance, Altus Power. "We're proud to help Maine communities access the benefits of clean energy while contributing to the state's leadership in renewable innovation." The clean electric power generated by these projects will benefit more than 3,300 households across the state through Altus Power's Community Solar program, helping subscribers to lower their energy cos Show less Read more
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