(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.

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 ...

With that, I'll turn it over to Jim. All right, thanks Pawan. Before I review the highlights of 2024, let's discuss what drives Altus Group. We are here to help our clients improve the performance ...

The transaction is set for completion in the second quarter of 2025, transitioning Altus Power into a private entity.

The purchase price is 66% higher than Altus Power's closing stock price on October 15, 2024, the last trading day before the company announced its strategic review. Altus Power expects the ...

The purchase price represents a 66% premium to Altus Power's (NYSE:AMPS) unaffected closing price on October 15, 2024, the last trading day before the announcement of a formal review of strategic ...

Delivers robust recurring revenue growth, margin expansion and cashflow improvement in FY 2024Altus Group remains strongly positioned to sustain ...

Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. The Ciello — like the Altus ...

The purchase price represents a 66% premium to Altus Power’s unaffected closing price on October 15, 2024, the last trading day prior to the Company’s announcement of a formal review of ...