Altus Power Operationalizes Three New Community Solar Projects in Maine
Altus Power (NYSE: AMPS) has completed three new solar projects in Maine, adding 19.1 MWs to its portfolio. The company has consolidated operations to become the sole owner of these projects, enhancing operational efficiency in Maine. These installations will serve over 4,200 households with clean energy at discounted rates through the company's Community Solar program. Altus Power currently serves more than 25,000 subscribers nationwide, providing clean energy benefits to homeowners and renters across various income levels without requiring individual solar installations.
Altus Power (NYSE: AMPS) ha completato tre nuovi progetti solari nel Maine, aggiungendo 19,1 MW al suo portafoglio. L'azienda ha consolidato le operazioni per diventare l'unico proprietario di questi progetti, migliorando l'efficienza operativa nel Maine. Queste installazioni serviranno oltre 4.200 famiglie con energia pulita a tariffe scontate attraverso il programma Community Solar dell'azienda. Altus Power attualmente serve più di 25.000 abbonati a livello nazionale, fornendo vantaggi energetici puliti a proprietari di case e affittuari di diverse fasce di reddito senza richiedere installazioni solari individuali.
Altus Power (NYSE: AMPS) ha completado tres nuevos proyectos solares en Maine, añadiendo 19,1 MW a su portfolio. La compañía ha consolidado operaciones para convertirse en la única propietaria de estos proyectos, mejorando la eficiencia operativa en Maine. Estas instalaciones darán servicio a más de 4,200 hogares con energía limpia a tarifas reducidas a través del programa Community Solar de la empresa. Altus Power actualmente atiende a más de 25,000 suscriptores a nivel nacional, proporcionando beneficios de energía limpia a propietarios y inquilinos de diversos niveles de ingresos sin requerir instalaciones solares individuales.
Altus Power (NYSE: AMPS)는 메인에서 세 개의 신규 태양광 프로젝트를 완료하고 19.1 MW를 포트폴리오에 추가했습니다. 이 회사는 운영을 통합하여 이 프로젝트의 단독 소유자가 되어 메인에서 운영 효율성을 향상시켰습니다. 이러한 설치는 회사의 커뮤니티 태양광 프로그램을 통해 4,200세대 이상의 가정에 저렴한 요금으로 청정 에너지를 제공할 것입니다. Altus Power는 현재 전국적으로 25,000명 이상의 구독자에게 서비스를 제공하며, 개별 태양광 설치 없이 다양한 소득 수준의 주택 소유자와 세입자에게 청정 에너지 혜택을 제공합니다.
Altus Power (NYSE: AMPS) a complété trois nouveaux projets solaires dans le Maine, ajoutant 19,1 MW à son portefeuille. L'entreprise a consolidé ses opérations pour devenir le seul propriétaire de ces projets, améliorant ainsi l'efficacité opérationnelle dans le Maine. Ces installations serviront plus de 4 200 foyers avec une énergie propre à des tarifs réduits grâce au programme Community Solar de l'entreprise. Altus Power dessert actuellement plus de 25 000 abonnés à l'échelle nationale, offrant des avantages énergétiques propres aux propriétaires et aux locataires de différents niveaux de revenu sans exiger d'installations solaires individuelles.
Altus Power (NYSE: AMPS) hat drei neue Solaranlagen in Maine abgeschlossen und damit 19,1 MW zu seinem Portfolio hinzugefügt. Das Unternehmen hat die Betriebe konsolidiert, um der alleinige Eigentümer dieser Projekte zu werden und die Betriebseffizienz in Maine zu steigern. Diese Installationen werden über das Community Solar-Programm des Unternehmens über 4.200 Haushalte mit sauberer Energie zu vergünstigten Tarifen versorgt. Altus Power versorgt derzeit mehr als 25.000 Abonnenten bundesweit und bietet umweltfreundliche Energievorteile für Hausbesitzer und Mieter aller Einkommensstufen, ohne dass individuelle Solaranlagen erforderlich sind.
- Added 19.1 MW of new solar capacity to portfolio
- Will serve 4,200 additional households
- Achieved operational efficiency through project consolidation
- Expanded presence in Maine's Community Solar market
- None.
Insights
The operationalization of three new solar projects totaling 19.1 MW in Maine represents meaningful portfolio expansion for Altus Power. This development will serve over 4,200 households and strengthens the company's position in the growing community solar market. The consolidation of ownership and operations in Maine indicates improved operational efficiency and potential cost savings.
The strategic importance lies in Altus Power's ability to achieve economies of scale through multiple project acquisitions and development partnerships. This approach typically leads to better margins and competitive pricing for subscribers. Maine's supportive regulatory environment for community solar makes it an attractive market for continued expansion. The project's successful completion demonstrates execution capability and positions Altus for further growth in the northeast region.
Altus Power Community Solar project in
“Our process of acquiring and developing solar assets from many different market participants allows us to build scale swiftly, enabling us to pass along the resulting economies of scale to our partners and the communities we serve,” said Matt Marlow, co-Head of Investment and Structured Finance at Altus Power. “Maine has become one of our most active Community Solar markets, with concentrated Altus project management in the state. These new projects will increase access to the benefits of clean power at a discount for many more households in the state.”
The clean electric power generated by these projects will benefit over 4,200 households, significantly reducing carbon emissions and contributing to Altus Power’s commitment to nationwide carbon reduction. The company’s distributed solar arrays are at the core of its mission to support enterprises and individuals in achieving their sustainability goals.
As a pioneer in Community Solar, Altus Power serves more than 25,000 subscribers nationwide, providing homeowners and renters from diverse income brackets with the benefits of clean energy savings—without the need for individual solar installations. To learn more about how Altus Power is transforming community access to solar energy, visit https://www.altuspower.com/community-solar.
About Altus Power
Altus Power, based in
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For More Information
Jenny Volanakis
mediarelations@altuspower.com
Source: Altus Power, Inc.
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