Altus Power, Inc.

Some key investor observations following a busy period of industry discussions: * Altus is the leader in the rapidly growing commercial scale solar space, building systems of scale that generate clean power where it is being consumed. We believe there are opportunities to increase our market share, while also increasing general market education about our industry. * Altus is well positioned to take advantage of macro tailwinds that investors believe are supporting growth in the renewables industry: - After 20 years of relatively flat energy consumption, the industry is bracing for dramatic growth in the demand for power. - While electricity prices are expected to rise, build costs are likely to decline benefitting from significant growth in domestic manufacturing. - Investors are focused on companies that can benefit from these tailwinds, with utility stocks being some of the best performers in 1H ‘24. * Increased volume of renewable M&A across Europe and the US, driven by a depth of private capital investing in these long-term infrastructure assets. It’s a great time to be a clean power company.

Excited to announce our expansion in the Garden State! We're adding another 8.5 MW to our New Jersey portfolio, including 63 acres of land, providing us with enhanced flexibility for future redevelopment. https://lnkd.in/esib34kF

Today marks the Summer Solstice: the date when the Earth’s tilt towards the sun is at its maximum and major US cities will receive as many as 15 hours of sunlight. This is great news for our solar panels: over the next few months, our systems will work at their peak, capturing additional sunlight and converting it to clean power for enterprises and households.

Our summer roadshow continues today at the JP Morgan 2024 Energy, Power & Renewables Conference. Listen in at 11:30 a.m. ET to hear insights from Gregg Felton, CEO, and Dustin Weber, CFO, on the clean energy sector and our strategic market positioning. https://lnkd.in/eq2cZ4Jv

Tune in to the 3rd Annual Evercore ISI Global Clean Energy & Transition Technologies Summit to hear our CEO, Gregg Felton, and CFO, Dustin Weber, discuss the macro-trends impacting the clean energy space and Altus Power's position in the market. Live at 9 am ET: https://lnkd.in/ejxcT6jh

For the past 15 years, Altus Power has been leading the transition to clean, electric power for businesses and households coast-to-coast. From learning about solar through a Central Park field trip to building the largest owner of commercial scale solar in the US, Gregg Felton shares the story of Altus and its mission as a clean power company. https://lnkd.in/esdJs86E

Expected record high temperatures coupled with rising utility rates have Americans looking for ways to save money on their utility bill. Community Solar offers monthly savings to homeowners and renters alike, while also supporting clean power in their communities. Find more ways to save this summer in this recent article from Kiplinger's Personal Finance: https://lnkd.in/efPWhpvQ

The future of energy is bright, and as the leader in the growing commercial-scale solar market, we believe Altus Power is poised to lead the charge through growth, innovation, collaboration and leadership. As our CEO, Gregg Felton, and other senior leaders shared at last week’s Investor Day, we are dedicated to providing sustainable solutions that address our customers' current needs while also laying the foundation for a cleaner and more efficient energy future.

This afternoon, Altus Power announced its Q1 earnings, with strong year-over-year growth. Highlights include: ⭐The addition of 4,000+ Community Solar subscribers ⭐Largest owner of commercial scale solar portfolio in the market, with an increase of 45% MWs year-over-year ⭐Projects with CBRE Investment Management under construction in Maryland Please join us for our earnings call at 4:30 ET, or download the transcript, for more on our Q1 performance. https://lnkd.in/ewEBcVrj

Community Solar not only benefits community residents, but commercial real estate entities as well. We're proud to have supported our partners at CBRE on their latest report that dives into the benefits of Community Solar: "Community solar enables these property owners to generate renewable energy while also creating additional income streams through underutilized spaces. Community solar not only bolsters resilience and reliability of the electrical grid, but also helps to stabilize energy expense and demonstrate a commitment to sustainability." https://lnkd.in/ejHhUARQ