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Altus Power ( (AMPS) ) has shared an update.
On April 16, 2025, Altus Power completed its acquisition by TPG through its TPG Rise Climate Transition Infrastructure strategy in an all-cash transaction valued at approximately $2.2 billion, including outstanding debt. As a result, Altus Power became a privately-held company, and its Class A common stock was delisted from the New York Stock Exchange. This strategic move is expected to enhance Altus Power’s ability to deliver clean energy solutions at a larger scale, aligning with the growing demand for scalable, grid-enhancing power solutions.
Spark’s Take on AMPS Stock
According to Spark, TipRanks’ AI Analyst, AMPS is a Outperform.
Altus Power shows strong revenue growth and improved profitability, supported by a successful earnings call. However, financial concerns persist with high leverage and negative free cash flow, while technical indicators suggest potential overbought conditions. Valuation remains moderate.
To see Spark’s full report on AMPS stock, click here.
More about Altus Power
Altus Power, based in Stamford, Connecticut, is a leading provider of commercial-scale clean electric power. The company serves commercial, industrial, public sector, and Community Solar customers with comprehensive solutions, including solar generation, energy storage, and charging infrastructure across the United States.
YTD Price Performance: 17.14%
Average Trading Volume: 3,724,611
Technical Sentiment Signal: Sell
Current Market Cap: $802.1M
For a thorough assessment of AMPS stock, go to TipRanks’ Stock Analysis page.