TPG to acquire Altus Power for $2.2bn.

TPG Rise Climate, a dedicated climate investing platform of TPG, agreed to acquire Altus Power, a commercial-scale solar electric power provider, for $2.2bn. "This transaction represents a pivotal moment for Altus Power. We are incredibly excited to partner with TPG Rise Climate to continue to build our position as the leading commercial-scale provider of clean electric power to businesses and households from coast to coast. TPG Rise Climate’s deep expertise in the clean energy sector, investment-oriented mindset and value-driven approach to infrastructure development aligns perfectly with our vision," Gregg Felton, Altus Power CEO.