Altus Power completed the acquisition of Project Hyperion from Basalt and Soltage.

Altus Power, a commercial-scale provider of clean electric power, completed the acquisition of Project Hyperion, comprising of 121 Megawatts in solar assets, from Basalt, an investment advisor to infrastructure equity investment funds, and Soltage, a developer, owner, and operator of distributed utility-scale solar and storage assets. Financial terms were not disclosed. “We are pleased to welcome new solar customers to the Altus portfolio and look forward to working with these high-quality government and municipal agencies to help them reach their sustainability goals through the use of clean, electric power. Basalt and Soltage are important partners and their successful development of commercial scale solar complements our strengths in optimizing asset performance and providing superior customer management,” Gregg Felton, Altus Power Co-CEO.