Altus Power Closes Transaction with TPG

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Newsfilter

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.

Altus Power Closes Transaction with TPG

About the author

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