Renewable energy jobs at Altus Power

By 2024, Altus Power's portfolio surpassed 1 GW of operating assets, with projections to exceed 1.3 GW by 2026 (source: altuspower.com). As of September 2024, the company reported 896 MW of portfolio capacity, establishing itself as a national leader in commercial-scale solar (source: q4cdn.com). Notable projects include a 760 kW rooftop solar array in Cherry Valley, Illinois; a 4.8 MW ground-mounted array in Cayuga County, New York; a 2.7 MW parking canopy solar installation at Morgan Stanley Wealth Management’s campus in Purchase, New York; a 1.7 MW solar project in Northern California; and a 10.5 MW project at the Arsenal Trade Center in New Jersey developed in partnership with CBRE and Trammell Crow Company (source: altuspower.com). In late 2024, the company completed a solar rooftop array in Illinois and announced a new project in Superior, Colorado (source: altuspower.com). Altus has expanded significantly through acquisitions, including an 84 MW portfolio from Vitol, 58.4 MW of Maryland community solar projects from Prospect14, 47.8 MW from Tortoise Capital Advisors in New York, 234 MW across 18 states from Greenbacker, and a 3.4 MW Maryland community solar development from Chaberton Energy (source: altuspower.com). The company also acquired three operating projects in Florida from Origis Energy and operationalized three new community solar projects in Maine, demonstrating a broad geographic footprint from Hawaii to Maine (source: sec.gov).

In February 2025, Altus Power agreed to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy in an all-cash transaction valued at approximately $2.2 billion including debt, marking a transition from public to private ownership (source: sec.gov). Throughout 2024, the company announced multiple acquisitions including portfolios from Vitol, Greenbacker, Tortoise Capital, Prospect14, and Origis Energy, significantly expanding its asset base (source: altuspower.com). Operational milestones in late 2024 included the completion of the 10.5 MW Arsenal Trade Center project with CBRE and Trammell Crow Company, a 1.7 MW project in Northern California, the Illinois rooftop solar completion, and the operationalization of community solar projects in Maine (source: altuspower.com). Financially, Altus reported full-year 2024 revenue of $196.3 million with an adjusted EBITDA margin of 57%, and fourth-quarter 2024 revenues of $44.5 million (source: sec.gov).

Altus Power employs multidisciplinary teams focused on building, owning, and operating solar projects, battery storage, and EV-charging infrastructure, with a recruiting footprint centered in Stamford, Connecticut (source: altuspower.com). The company emphasizes equal pay, competitive salaries, and a comprehensive benefits package that includes 100% company-paid premiums for standard health and dental plans, 401(k) participation, paid cell phone service, employee share plans, company-paid lunch, gym memberships, and two monthly work-from-home days (source: altuspower.com). As of recent data, Altus Power owns and operates more than 1 GW of assets across approximately 25 states, serving over 500 enterprise customers and more than 36,000 community solar subscribers (source: altuspower.com).