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Altus Power has acquired a 79 MW portfolio of solar projects from True Green Capital Management. This acquisition increases Altus Power’s operational capacity to over 340 MW and diversifies its customer base, which includes municipalities and commercial entities across seven states, including Tennessee, New York, and Massachusetts. The company aims to provide competitive, clean electricity under long-term agreements. This announcement follows Altus Power's planned merger with CBRE Acquisition Holdings (CBAH), which is set to list the company on the NYSE.
CBRE Acquisition Holdings, Inc. (NYSE: CBAH.U) announced that starting February 1, 2021, holders of its SAIL securities can separately trade Class A common stock and warrants included in those securities. The SAIL securities will continue to trade under the symbol CBAH.U, while separated shares of stock and warrants will trade under symbols CBAH and CBAH WS, respectively. Interested holders must contact their brokers to separate the SAIL securities. This announcement marks a key step as the company prepares for potential mergers and acquisitions in the commercial real estate sector.
