Altus Power, Inc. announced that it has received $100 million in a round of funding on January 2, 2024. The transaction included participation from returning lender affiliate of Goldman Sachs Asset Management, L.P., and new lender CPPIB Credit Investments III, Inc., a subsidiary of Canada Pension Plan Investment Board. The company issued secured credit facility loan in the transaction.

The loan carries an interest rate of 8.5% and a term of six years and is pre-payable without penalty after three years.