TPG agrees to acquire Altus Power in $2.2bn deal
The transaction is set for completion in the second quarter of 2025, transitioning Altus Power into a private entity.
TPG to buy solar firm Altus Power for $2.2 billion
(Reuters) -Buyout firm TPG's climate investment arm will acquire Altus Power in an all-cash deal worth $2.2 billion, including the assumption of debt, the companies said in a statement on Thursday. The announcement,
Altus Power to Be Acquired by TPG in $2.2 Billion All-Cash Deal
Altus Power (AMPS, Financials) shares surged 27.9% to $4.90 as of 12:40 p.m. ET on Thursday after the company announced it has entered into a definitive agreement to be acquired by TPG Rise Climate for $5.
TPG to buy Altus Power in a $2.2bn take-private transaction
Asset manager TPG is acquiring US solar renewable energy firm Altus Power in a $2.2bn (€2.1bn) take-private transaction.
TPG to take CBRE-backed solar company private in $2.2B deal
TPG Inc. is opening its wallet with plans to take solar energy company Altus Power Inc. private in a $2.2 billion buyout.
Kirkland, Latham Shine on TPG's $2.2 Billion Bid for Altus Power
Kirkland & Ellis and Latham & Watkins are steering buyout firm TPG’s deal to purchase Altus Power for approximately $2.2 billion.
TPG to Acquire Solar Firm Altus Power for $2.2 Billion
Buyout firm TPG's climate investment arm will acquire Altus Power for $2.2 billion in an all-cash transaction, the provider of solar power to commercial property owners and residential homes said on Thursday.
M&A News: Solar Firm Altus Power Shines After TPG Buys it for $2.2 Billion
Shares in solar firm Altus Power (AMPS) shone 28% brighter today after it was bought by TPG’s (TPG) climate investment arm for $2.2
Altus Power to go private in TPG's $2.2 billion buyout
STAMFORD, Conn. - Altus Power, Inc. (NYSE: AMPS), a leading commercial-scale solar energy provider in the United States, is set to become a private entity following a definitive acquisition agreement with TPG through its TPG Rise Climate Transition Infrastructure strategy.
Altus Power downgraded to Neutral from Buy at B. Riley
B. Riley downgraded Altus Power (AMPS) to Neutral from Buy with a price target of $5, down from $6, after the company announced it has entered ...
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Shareholder Alert: Ademi & Fruchter LLP investigates whether Altus Power, Inc. is obtaining a Fair Price for its Public Shareholders
Ademi & Fruchter LLP is investigating Altus Power (NYSE: AMPS) for possible breaches of fiduciary duty and other violations ...
Altus Group Limited (TSE:AIF) Receives Average Recommendation of “Hold” from Analysts
Altus Group Limited (TSE:AIF – Get Free Report) has been assigned a consensus rating of “Hold” from the six ratings firms ...
Altus Power, Inc. Is Being Investigated For Securities Law Violations And Investors With Losses Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / February 7, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is ...
Altus City Councilman race underway
LAWTON, Okla. (KSWO) -Early voting is taking place with the Altus City Councilman race underway.
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JP Morgan Upgrades Altus Power (AMPS)
Fintel reports that on February 6, 2025, JP Morgan upgraded their outlook for Altus Power (NYSE:AMPS) from Underweight to ...