Altus Power to acquire the 220MW solar assets from True Green Capital for $293m.

Altus Power, an independent developer, owner and operator of commercial-scale solar facilities, agreed to acquire the 220MW solar assets from True Green Capital, a portfolio of solar projects, for $293m. “Altus Power's capacity to execute with efficiency and focus on building long-term relationships has made them an extremely valuable partner in both of our transactions. They share our founding belief that commercial-scale distributed solar generation is the most attractive segment of our industry. Our collaboration has facilitated TGC’s successful forays into new solar markets," Panos Ninios, TGC Managing Partner and Co-Founder.