TPG to Acquire Solar Project Developer Altus Power
The all-cash transaction values the company at approximately $2.2 billion
February 7, 2025
/ Solar
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Altus Power, an independent developer, owner, and operator of commercial-scale solar facilities, announced it has entered into a definitive agreement to be acquired by TPG, a global alternative asset management firm, through its TPG Rise Climate transition infrastructure strategy for $5 per share of its Class A common stock.
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