Altus Power Stockholders Approve Agreement to be Acquired by TPG

Written by Emily J. Thompson, Senior Investment Analyst

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Source: Newsfilter

Updated: Apr 09 2025

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Source: Newsfilter

Merger Announcement: Altus Power's stockholders have approved the acquisition by TPG, where each share of Altus Power Class A common stock will be exchanged for $5.00 in cash upon completion of the merger expected on April 16, 2025.
Company Background: Altus Power is a leading provider of clean electric power solutions, focusing on solar generation and energy storage, while TPG Rise Climate invests in climate-related projects globally.

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 Stockholders Approve Agreement to be Acquired by TPG

About the author

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