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TPG, Altus Power
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 for $2.2 billion in an all-cash deal, including debt, the provider of solar power to commercial property owners and residential homes said on Thursday.
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.
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 Stock Gains On Heels Of $2.2 Billion TPG Rise Climate Deal
Altus Power stock jumps 27.8% after announcing $2.2B acquisition deal with TPG Rise Climate, offering a 66% premium per share.
TPG Rise Climate to take solar leader Altus Power private in $2.2bn deal
TPG Rise Climate will acquire Altus Power, the largest commercial-scale solar provider in the U.S., in an all-cash $2.2 billion take-private transaction.
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.
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.
5h
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 ...
PV Tech
6h
FINANCING ROUND-UP: US community solar attracts billions in private equity funding
Three investments into the US community solar sector paint a picture of a fast-growing sector being targeted by private asset ...
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