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Transactions - OCTOBER 7, 2020

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Altus Power America acquires 4MW solar portfolio

by Kali Persall

Altus Power America, Inc. has acquired a 4-megawatt operating solar portfolio that will sell clean, renewable energy to Georgia Power. The seller was Beltline Energy.

The solar projects generate approximately 6.5 million kilowatt hours of electricity annually, enough energy to power 540 homes.

“The acquisition of the Beltline assets, together with the strategic acquisition of a significant number of C&I-scale operating solar assets over the past 18 months, solidifies Altus Power’s position as a competitive buyer of solar assets throughout the United States,” said Sean Rheuben, managing director of Altus Power. “In addition to the acquisition of operating projects, Altus Power continues to develop C&I-scale solar assets across the country.”

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