Altus Power Closes Transaction with TPG
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: Newsfilter
Acquisition Announcement: Altus Power, Inc. has been acquired by TPG Rise Climate Transition Infrastructure in an all-cash transaction valued at approximately $2.2 billion, resulting in Altus becoming a privately-held company.
Future Growth Plans: CEO Gregg Felton expressed optimism about the partnership with TPG, highlighting the potential to accelerate clean energy solutions and meet the rising demand for scalable power generation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
