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Altus Power, Inc. logo — Altus Power is a leading commercial-scale solar power compan...

Altus Power, Inc.

Altus Power is a leading commercial-scale solar power company delivering reliable, cost-effective electricity nationwide

Founded 2009 United States Stamford, United States 165 employees Post-IPO Debt Total: $2.35B Energy, Finance +2

General Information

Company Name Altus Power, Inc.
Founded Year 2009
Location United States Stamford, United States
Employees 165
Industries Energy, Finance, Industrial +1
Funding Stage Post-IPO Debt
Business Model B2B, B2C, SaaS
Revenue Model Usage Based, Subscription
Social

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About Altus Power, Inc.

Altus Power, Inc., founded in 2009, is a prominent figure in the Energy and Renewable Energy sectors, operating across 30 states and the District of Columbia in the United States. As articulated in its slogan, "Altus Power is a leading commercial-scale solar power company delivering reliable, cost-effective electricity nationwide," the company is a substantial owner and operator of commercial-scale solar assets in the U.S.

Through its scalable, technology-enabled platform, Altus Power offers a diverse range of services, including commercial solar, community solar, energy storage, and digital energy solutions. By addressing the increasing demand for electricity and enhancing grid reliability, the company remains integral in the transition to sustainable energy.

Recently, Altus Power received a $100.00M Post-IPO Debt investment from both CPP Investments and Goldman Sachs Asset Management. As a portfolio company of TPG Rise Climate Transition Infrastructure, it leverages strategic partnerships to scale its operations and ensure widespread access to affordable, locally generated power.

Business keywords: commercial-scale solar, solar energy, energy storage, digital energy solutions, solar power generation, community solar, grid reliability, clean electrification, TPG Rise Climate Transition Infrastructure, solar energy financing, energy cost reduction, technology-enabled platform, solar asset management, onsite power generation

Services & Products

Community Solar Programs
Commercial Solar Installations
Altus IQ Dashboard for Energy Insights
Sustainability Strategy Development

Target Customers

Renters Homeowners Corporate Entities Schools Hospitals Nonprofits Municipalities

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $100.00M 2
CPP Investments, Goldman Sachs Asset Management
02 Jan 2024
Post IPO Debt $200.00M 1
Blackstone Credit
13 Nov 2023
Post IPO Debt $293.00M 1
Blackstone Credit
16 Feb 2023
Post IPO Debt $200.00M -
19 Dec 2022
Post IPO Secondary $80.50M -
28 Sep 2022
Post IPO Equity $275.00M 3
Blackstone Group, Liberty Mutual Strategic Ventures +1
10 Dec 2021
Private Equity Round $850.00M 1
Blackstone Group
15 Jan 2020
Private Equity Round $150.00M -
05 Dec 2017
Venture Round $205.00M 2
Goldman Sachs, FS Investments
04 Oct 2016

Altus Power, Inc. Alternatives & Competitors

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Altus Power, Inc. vs

An SHV Energy Company

Venture round
240 employees
Energy, Renewable Energy
Altus Power, Inc. vs

We provide innovative cost-effective power solutions to businesses in sub-Saharan Africa

16 employees
Energy, Renewable Energy
Altus Power, Inc. vs
Lightshift Energy
Lightshift Energy United States

Leading the charge in utility-scale energy storage deployment

Series A
39 employees
Energy, Renewable Energy

FAQ About Altus Power, Inc.

Altus Power is a leading commercial-scale solar power company delivering reliable, cost-effective electricity nationwide
Altus Power, Inc. was founded in 2009.
Altus Power, Inc. is headquartered in Stamford, United States.
Altus Power, Inc. operates in Energy, Finance, Industrial and Renewable Energy. Its work centres on commercial-scale solar, solar energy, energy storage and digital energy solutions. Its customers include Renters, Homeowners and Corporate Entities.
Altus Power, Inc. has a B2B, B2C and SaaS business model. Its revenue comes from Usage Based and Subscription.
Altus Power, Inc. has approximately 165 employees.
Altus Power, Inc. has completed 9 funding rounds, raising a total of $2.35B. The latest funding stage is Post-IPO Debt.
Altus Power, Inc. offers: Community Solar Programs, Commercial Solar Installations, Altus IQ Dashboard for Energy Insights, Sustainability Strategy Development.
Top alternatives and competitors to Altus Power, Inc. include SunSource Energy, GridX Africa, Lightshift Energy, Lightsource bp, Canadian Solar Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Altus Power, Inc. and SunSource Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Altus Power, Inc., https://bouncewatch.com/company/altus-power-inc, updated 7 June 2026. When citing, please name BounceWatch and link this page.

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