Altus Power shareholders approve agreement to be acquired by TPG
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 09 2025
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Should l Buy ?
Acquisition Announcement: Altus Power's stockholders have voted to approve the acquisition by TPG through its TPG Rise Climate Transition Infrastructure strategy, with stockholders set to receive $5.00 per share in cash.
Transaction Timeline: The completion of the merger is anticipated on April 16, pending the fulfillment of customary closing conditions.
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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.
