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Altus Power - M&A Summary, Ownership, and Business Overview

Renewable EnergyCompany

Altus Power M&A Summary

Altus Power has acquired 1 company of its own, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms.

Altus Power’s largest acquisition to date was in 2022, when it acquired Construction Solar Assets - 220 Megawatts for $293M. Altus Power has acquired in 1 US state. The Company’s most targeted sectors include renewable energy (100%).

Altus Power Ownership

Who owns Altus Power?

Altus Power is owned by TPG. It was acquired on February 6, 2025.

Is Altus Power PE-backed?

Yes. Altus Power is owned by private equity investor TPG.

Altus Power Business Overview

Where is Altus Power headquartered?

Altus Power is headquartered in Stamford, Connecticut.

What is Altus Power’s revenue?

Altus Power disclosed revenue of 155M USD for 2023 and 101M USD for 2022.

How many employees does Altus Power have?

Altus Power has 93 employees.

What sector is Altus Power in?

Altus Power is a renewable energy company.

When was Altus Power founded?

Altus Power was founded in 2009.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Altus Power

Altus Power, Inc.

2200 Atlantic Street, Sixth Floor,
Stamford, Connecticut 06902
United States,
(203) 698-0090
www.altuspower.com

Altus Power is a commercial-scale provider of clean electric power serving commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally sited solar generation, energy storage, and charging infrastructure across the nation. Altus Power was founded in 2009 and is based in Stamford, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.2/yr) # - - 1 - - - 1
vol $293M $293M
Sell (0.0/yr) # - - - - - - 0
  1
+1000.20.40.60.81-0.4-0.21.21.40

Most Recent M&A

Company Date Value Type
Construction Solar Assets - 220 Megawatts 2022-12-27 293M USD Divestiture
Westport, Connecticut
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Renewable Energy 1 (100%) 293M (100%) - -
Total 1 $293M - -

By Geo

State/Country Buy Value Sell Value
United States 1 293M - -
  Connecticut 1 293M - -
Total 1 $293M - -

Deal Values

buy # Total
$100M to $1B 1 $293M
TOTAL $293M
Largest Construction Solar Assets - 220 Megawatts
$293M (2022-12-27)

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)

Company Summary

SECTOR

Renewable Energy

Revenue

155   54% 2023
101   41% 2022
72   2021
(millions of USD)

Employees

93

Established

2009

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