Altus Power reports Q4 EPS (38c) vs (17c) last year

Reports Q4 revenue $44.5M, consensus $46.31M. “In a year of economic uncertainty and evolving market conditions, Altus Power (AMPS) retained its market leadership position in commercial solar and surpassed 1 GW of operating assets. To support our ongoing growth opportunities, we’ve continued to focus on efficient capital markets execution as demonstrated by the new credit facility and innovative tax partnership we executed in 2024,” said Gregg Felton, CEO of Altus Power. “As we move toward our pending acquisition by TPG through its the TPG Rise Climate Transition Infrastructure strategy and transition to a private company, we are positioned to deliver even greater value to our customers and partners with the flexibility and resources to accelerate deployment, drive innovation and expand access to clean energy at scale.”