Benefits of clean electric power to be delivered to logistics company and local Community Solar subscribers

STAMFORD, Conn., December 19, 2024--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the completion of a new 760kW solar system in Cherry Valley, Illinois, in conjunction with a real estate development partner. The benefits of the clean electric power generated by the array will be delivered under a long-term contract to the tenant, helping to decarbonize its operations at the site, as well as supporting the Illinois Shines program.

"This project showcases the power of our partnerships in the context of our early engagement strategy. Working alongside our real estate partner during the property's development phase allowed us to avoid retrofitting an existing building, resulting in significant time and cost savings.," said Joe DeMarzo-Sanchez, Development Manager, Altus Power. "We’re proud to expand our roster of enterprise customers while also supporting Illinois’ solar initiative."

Altus Power’s portfolio across 25 states serves enterprises committed to achieving carbon reduction goals. As a full service, end-to-end commercial solar provider, Altus Power generates clean electric power near the place of consumption, alleviating incremental transmission requirements.

About Altus Power

Altus Power, based in Stamford, Conn., is the largest 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. Visit www.altuspower.com to learn more.

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Contacts

Jenny Volanakis
mediarelations@altuspower.com