Altus Power

About

The premier independent commercial-scale clean electrification company serving commercial, industrial, muni, and community solar customers

Stamford,Connecticut,United States
51 - 100
http://www.altuspower.com/

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $200M
Industries: Energy,Finance,Industrial,Renewable Energy,Solar
Founded date: Jan 1, 2009
Number Of Employee: 51 - 100
Operating Status: Active
Stock Symbol: nyse:AMPS
Legal Name: Altus Power, Inc.

Altus Power America Management deploys capital to build, own and operate clean energy systems on commercial buildings and properties, schools and municipal buildings (“Hosts”). The electricity generated from these systems is then sold to the Host, utility or other third party at a discount to the price paid to the grid. The Host makes no upfront investment and can receive discounted energy and/or a roof/land lease stream.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$2.39B

Altus Power has raised a total of $2.39B in funding over 2 rounds. Their latest funding was raised on Dec 19, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 19, 2022	Post-IPO Debt	$200M	—	—	—	Detail
Sep 28, 2022	Post-IPO Secondary	$80.50M	—	—	—	Detail
Dec 10, 2021	Post-IPO Equity	$275M	4	CBRE Group	—	Detail
Dec 10, 2021	IPO	$636.50M	—	—	—	Detail
Jan 15, 2020	Private Equity（PE）	$850M	1	Blackstone Group	—	Detail

Investments

Number of Investments

Number of Lead Investments

12

0

Altus Power has made 12 investments. Their most recent investment was on Apr 1, 2022, when Fractal raised $35M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Apr 1, 2022 Fractal	Seed	$35M	Cryptocurrency	—
Mar 20, 2022 KlayCity	Seed	$3.75M	Blockchain	—
Mar 16, 2022 Treehouse Finance	Seed	$18M	Analytics	—
Jan 25, 2022 Flint	Seed	$5.10M	Apps	—
Nov 30, 2021 Iron Fish	Series A	$27.60M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

2

6

Altus Power is funded by 6 investors. CBRE Group and Blackstone Group are the most recent investors.

Investor Name	Lead Investor	Funding Round
CBRE Group	Yes	Post-IPO Equity
Blackstone Group	—	Post-IPO Equity
Liberty Mutual Strategic Ventures	—	Post-IPO Equity
ValueAct Capital	—	Post-IPO Equity
FS Investments	—	Series Unknown
Goldman Sachs	—	Series Unknown