Stock AMPS ALTUS POWER, INC.
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Company Altus Power, Inc.

Equities

AMPS

US02217A1025

Electric Utilities

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-16 pm EDT 		5-day change 1st Jan Change
3.72 USD -5.82% Intraday chart for Altus Power, Inc. -22.50% -45.53%
Mar. 22 Altus Power, Inc. Announces Board Changes CI
Mar. 15 Sector Update: Energy Stocks Advance Late Friday Afternoon MT

Business Summary

Altus Power, Inc. is a commercial-scale provider of serving commercial, industrial, public sector and community solar customers with end-to-end solutions. The Company originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. It is a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic (PV) and energy storage systems, serving commercial and industrial, public sector and community solar customers. Its portfolio consists of 896 megawatts (MW) of solar PV. It has long-term power purchase agreements with approximately over 450 enterprise entities and contracts with over 20,000 residential customers which are serviced by over 240 MW of community solar projects in operation. Its community solar projects are serving customers in eight states. The Company also participates in numerous renewable energy credit (REC) programs throughout the country.

Number of employees: 93

Sales per Business

USD in Million2022Weight2023Weight Delta
Power Sales under Power Purchase Agreements
34.5 %
25 24.6 % 54 34.5 % +114.87%
Solar Renewable Energy Credit
29.4 %
41 40.0 % 46 29.4 % +12.44%
Power Sales under Net Metering Credit Agreements
27.1 %
27 26.8 % 42 27.1 % +54.65%
Performance based Incentives
4.0 %
1 1.4 % 6 4.0 % +336.83%
Revenue recognized on contract liabilities
2.2 %
- - 3 2.2 % -
Rental
1.8 %
3 3.0 % 3 1.8 % -8.36%
Power Sales on Wholesale Markets
1.1 %
4 4.1 % 2 1.1 % -57.65%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
101 100.0 % 155 100.0 % +53.38%

Managers

Managers TitleAgeSince
Lars Norell FOU
 Founder 53 -
Anthony Savino FOU
 Founder 66 08-12-31
Gregg Felton FOU
 Founder 52 -
Dustin Weber DFI
 Director of Finance/CFO 43 21-12-08
Christopher J. Shelton IRC
 Investor Relations Contact - 22-02-06
Julia Sears PRN
 Corporate Officer/Principal - 21-10-06
Melissa Boulan HRO
 Human Resources Officer - -
Sophia Lee LAW
 General Counsel - 21-04-30
Gregory Roer PRN
 Corporate Officer/Principal - 22-09-06
Dan Alcombright PRN
 Corporate Officer/Principal - 22-01-02

Members of the board

Members of the board TitleAgeSince
Gregg Felton FOU
 Founder 52 -
Robert Horn BRD
 Director/Board Member 42 21-12-08
Christine Detrick CHM
 Chairman 65 21-12-08
Richard Peretz BRD
 Director/Board Member 62 21-12-08
Lars Norell FOU
 Founder 53 -
Tina Reich BRD
 Director/Board Member 47 Oct. 31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 159,874,981 81,332,401 ( 50.87 %) 0 50.87 %

Shareholders

NameEquities%Valuation
Lars Norell
20.65 %
32,846,403 20.65 % 157 M $
CBRE Acquisition Sponsor LLC
15.44 %
24,557,823 15.44 % 117 M $
Blackstone Alternative Credit Advisors LP
13.27 %
21,116,125 13.27 % 101 M $
Gregg Felton
10.05 %
15,989,460 10.05 % 76 M $
BlackRock Advisors LLC
3.603 %
5,730,899 3.603 % 27 M $
Anthony Savino
2.575 %
4,097,054 2.575 % 20 M $
Robeco Schweiz AG
2.514 %
4,000,000 2.514 % 19 M $
Vanguard Fiduciary Trust Co.
2.474 %
3,934,964 2.474 % 19 M $
Encompass Capital Advisors LLC
2.185 %
3,475,350 2.185 % 17 M $
Invesco Advisers, Inc.
1.927 %
3,065,219 1.927 % 15 M $
NameEquities%Valuation
CBRE Acquisition Sponsor LLC
64.29 %
905,625 64.29 % 4 M $
William Concannon
0.7143 %
10,062 0.7143 % 48 096 $
Sarah Coyne
0.7143 %
10,062 0.7143 % 48 096 $

Company contact information

Altus Power, Inc.

2200 Atlantic Street 6th floor

06902, Stamford

+

http://www.altuspower.com
address Altus Power, Inc.(AMPS)

Sector

Utilities
Utilities
Electrical Utilities & IPPs
Electric Utilities
Solar Electric Ultilities

Sales per Business

Ratings for Altus Power, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
3.95 USD
Average target price
8 USD
Spread / Average Target
+102.53%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Solar Electric Ultilities

1st Jan change Capi.
ALTUS POWER, INC. Stock Altus Power, Inc.
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O.Y. NOFAR ENERGY LTD Stock O.Y. Nofar Energy Ltd
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SOLARMAX TECHNOLOGY, INC. Stock SolarMax Technology, Inc.
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ZHEJIANG SUNOREN SOLAR TECHNOLOGY CO.,LTD. Stock Zhejiang Sunoren Solar Technology Co.,Ltd.
-24.61% 603M
SHANDONG HI-SPEED NEW ENERGY GROUP LIMITED Stock Shandong Hi-Speed New Energy Group Limited
-15.28% 539M
MESHEK ENERGY - RENEWABLE ENERGIES LTD. Stock Meshek Energy - Renewable Energies Ltd.
-14.87% 509M
Solar Electric Ultilities
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