Projects Generate and Deliver Incremental Power to Local Utility

STAMFORD, Conn.--(BUSINESS WIRE)--

Altus Power, a nationwide leading provider of commercial-scale power, today announced the acquisition of three ground-mounted solar projects in Florida, totaling 8.6 MWs. The projects were purchased from Origis Energy and are already generating and delivering reliable power to a local utility through long-term power purchase agreements (PPAs).

“We’ve built a strong reputation for execution and responsible stewardship of the projects we acquire. This acquisition from Origis, one of our trusted partners, reflects that commitment as we expand our nationwide footprint, delivering incremental power where it’s needed most,” said Dan Griffin, Co-Head, Investment & Structured Finance, Altus Power. “Our team remains focused on disciplined investments aligned with our strategy, ensuring we deliver value to our partners, customers and the communities we serve.”

With this acquisition, Altus continues to strengthen its presence in Florida, underscoring the company’s commitment to building a diverse portfolio of clean energy assets, going well beyond megawatts to deliver economic, environmental and community benefits across the country.

About Altus Power

Altus Power is a leading commercial-scale power company, delivering reliable, cost- effective solar electricity across 26 states. With more than 1.1 GW of operating assets, Altus Power develops, owns and operates a network of solar generating assets that powers Fortune 1000 companies, municipalities, schools and households. Combining deep market expertise with innovative financing, Altus Power expands access to clean power, stabilizes electricity costs and sets the standard for commercial-scale power generation.

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Source: Altus Power, Inc.