Altus Power acquires 84MW community solar portfolio in north-east US

Altus Power acquired the 84MW portfolio for US$118 million. Image: Altus Power

US independent power producer Altus Power has acquired an 84MW portfolio of commercial-scale projects from global firm Vitol, in a deal valued at US$118 million.

The projects consist of ground-mount, rooftop and carport facilities, which are currently in operation and generate power for local school districts, municipalities and community solar subscribers. The projects are located across the states of New Jersey, New York and Maine, and form Altus’ latest initiative to expand its footprint in the north-east of the US.

(The above content is reproduced from pv-tech,By JP Casey)


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