Altus Power Closes Transaction with TPG
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Should l Buy ?
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.
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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.
