AMPS
Altus Power, Inc.AMPS
AMPS
Delisted
AMPS was delisted on the 15th of April, 2025.
About: Altus Power Inc is a developer, owner, and operator of large-scale photovoltaic and energy storage systems across the United States. The company serves commercial, industrial, public sector, and community solar customers. Its mission is to drive the clean energy transition by developing and operating solar generation and energy storage facilities. It owns a diverse portfolio of solar PV systems and has long-term agreements with enterprise entities and residential customers. Its primary product offerings include leases and revenue contracts for solar power generation, alongside electric vehicle charging and energy storage solutions. Revenue streams include power purchase agreements, net metering credit agreements, and SREC revenue.
Employees: 113
Financial journalist opinion
Neutral
Business Wire
4 days ago
Altus Power Acquires 47.8 MW Portfolio from Tortoise Capital Advisors, Expanding Market Leading Footprint in New York
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, a leading commercial-scale provider of clean electric power, today announced the acquisition of a 47.8-megawatt (MW) ground-mounted solar portfolio from Tortoise Capital Advisors, comprised of 15 projects located across Kansas and New York. With this transaction, Altus Power's portfolio has increased to 26 states and its footprint in New York now exceeds 250 MW, cementing the state as its top market The acquired projects serve a range of public sec.
Neutral
Business Wire
1 month ago
Altus Power Closes Transaction with TPG
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), a leading commercial-scale provider of clean, electric power, today announced the completion of its acquisition by TPG through its TPG Rise Climate Transition Infrastructure strategy in an all-cash transaction that valued the Company at approximately $2.2 billion, including outstanding debt. As a result of the transaction, Altus Power is now a privately-held company. “The successful close of this.
Neutral
Business Wire
1 month ago
Altus Power Stockholders Approve Agreement to be Acquired by TPG
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power”) today announced that, at a special meeting of the stockholders held earlier today, Altus Power's stockholders voted to adopt the previously announced definitive agreement for Altus Power to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy (the “Merger Agreement”), and to approve the transactions contemplated thereby. As previously announced, subject to the terms and conditions of t.
Neutral
Business Wire
1 month ago
Altus Power Acquires Ten Maryland Community Solar Projects, Totaling 58.4 MW, from Prospect14
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the acquisition of ten development-stage community solar projects totaling 58.4 MW in Maryland from Prospect14, a leading distributed solar energy development firm. In conjunction with the acquisition, Altus Power and Prospect14 entered into a development services agreement in which Prospect14 will complete the development of the solar projects. Once operati.
Neutral
GlobeNewsWire
1 month ago
Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms
SAN DIEGO, April 08, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Altus Power, Inc. (NYSE: AMPS) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to TPG.
Neutral
Business Wire
1 month ago
Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Altus Power, Inc. (NYSE: AMPS) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to TPG. On February 6, 2025, Altus Power informed the public that it has agreed to a deal with TPG, in which stockholders will receive $5.00 per share in an all-cash offer. Upon completion of the deal, Al.
Neutral
GlobeNewsWire
2 months ago
Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms
SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Altus Power, Inc. (NYSE: AMPS) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to TPG.
Positive
Zacks Investment Research
2 months ago
What Makes Altus Power (AMPS) a New Buy Stock
Altus Power (AMPS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Neutral
Business Wire
2 months ago
ALTUS POWER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Altus Power, Inc. - AMPS
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Altus Power, Inc. (NYSE: AMPS) to TPG. Under the terms of the proposed transaction, shareholders of Altus will receive $5.00 in cash for each share of Altus that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration.
Negative
Zacks Investment Research
2 months ago
Are Oils-Energy Stocks Lagging Altus Power (AMPS) This Year?
Here is how Altus Power, Inc. (AMPS) and Magnolia Oil & Gas Corp (MGY) have performed compared to their sector so far this year.
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