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Altus Power Inc   (NYSE: AMPS)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $4.9900 $-0.01 -0.200%
Day's High: $5 Week Perf: 0.2 %
Day's Low: $ 4.99 30 Day Perf: 0.6 %
Volume (M): 5,275 52 Wk High: $ 5.50
Volume (M$): $ 26,320 52 Wk Avg: $3.99
Open: $4.99 52 Wk Low: $2.71



 Market Capitalization (Millions $) 660
 Shares Outstanding (Millions) 132
 Employees 21
 Revenues (TTM) (Millions $) 196
 Net Income (TTM) (Millions $) -11
 Cash Flow (TTM) (Millions $) -96
 Capital Exp. (TTM) (Millions $) 94

Altus Power Inc
Altus Power Inc. is a leading independent renewable energy company based in the United States. The company was founded in 2009 and has since become a prominent name in the solar energy sector. Altus Power provides clean energy solutions to a diverse range of customers, including government agencies, commercial and industrial businesses, municipalities, schools, and non-profit organizations.

With a portfolio of over 200 solar facilities across 12 states, the company generates over 600 megawatts (MW) of solar energy. Altus Power manages and operates these facilities, providing long-term financing and reliable energy generation solutions. Its goal is to accelerate the transition to a clean energy future by promoting sustainable development and reducing greenhouse gas emissions.

Altus Power offers its customers a variety of services, including design, construction, operation, and maintenance of distributed solar energy systems. The company also provides financing options for both on-site and off-site projects, offering customized solutions to meet specific needs. Their services include everything from project analysis and development, to procurement, engineering, construction, and long-term monitoring and maintenance.

The company's team of experienced professionals has extensive expertise in renewable energy, finance, and real estate, allowing them to provide innovative solutions to meet customers' unique needs. As a result, Altus Power has earned an excellent reputation in the renewable energy sector, with numerous accolades and recognition from industry organizations, customers, and the media.

The company is committed to social responsibility and sustainability, as well as providing a positive impact on the communities where its facilities operate. Altus Power has created jobs in local communities and contributes to the economy while advancing a clean energy future.

In summary, Altus Power is a leading independent renewable energy company in the United States focused on accelerating the transition to a cleaner, sustainable energy future. The company offers customized solutions to meet specific needs for customers across a diverse range of industries through long-term financing, dedicated operation and maintenance, and an unwavering commitment to social responsibility and sustainability.


   Company Address: 2200 Atlantic Street Stamford 6902 CT
   Company Phone Number: 698-0090   Stock Exchange / Ticker: NYSE AMPS


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ALXO        5.11% 
BX   -2.78%    
• View Complete Report
   



Business Update

Shining Bright Altus Power?s Strategic Solar Surge in Maryland,

Published Wed, Apr 9 2025 5:16 AM UTC

In a significant move to bolster its clean energy portfolio, Altus Power Inc. (NYSE: AMPS) has acquired ten community solar projects in Maryland, representing a robust 58.4 megawatts (MW) of clean electric power. This deal, forged with Prospect14, a prominent name in distributed solar energy development, marks a pivotal expansion for Altus Power as it aims to solidify its po...

Business Update

Altus Power, a leading provider of clean electric power and publicly traded on the New York Stock Exchange ...

Published Tue, Mar 18 2025 9:31 AM UTC

Altus Power Expands Presence with New Solar Project in Superior, Colorado, as Revenues Surge Altus Power, a leading provider of clean electric power and publicly traded on the New York Stock Exchange under the ticker AMPS, has announced the operationalization of a new rooftop solar project in Superior, Colorado. This initiative marks a significant milestone for the company a...

Business Update

Altus Power Joins Forces with CBRE for Major Solar Initiative in New Jersey

Published Sun, Dec 29 2024 11:05 AM UTC

In a move underscoring the accelerating shift towards renewable energy, Altus Power (NYSE: AMPS), the leading provider of clean electric power on a commercial scale, has announced a significant partnership with CBRE Investment Management and Trammell Crow Company (TCC) to construct a 10.5-megawatt solar energy project at the Arsenal Trade Center in New Jersey. This project, ...

Business Update

Altus Power Completes 760kW Solar Project in Illinois, Boosting Green Energy Initiatives

Published Thu, Dec 19 2024 1:47 PM UTC

STAMFORD, Conn. Altus Power (NYSE: AMPS), a leading commercial-scale provider of clean electric power, has announced the completion of a new 760 kilowatt (kW) solar rooftop array in Cherry Valley, Illinois. This project, undertaken with a key real estate development partner, marks a significant step in the company s ongoing commitment to providing sustainable energy soluti...

Business Update

Altus Power Expands Reach with New Community Solar Projects in Maine and Strategic Review for Long-term Growth

Published Thu, Oct 31 2024 1:36 PM UTC

Altus Power (NYSE: AMPS), the industry leader in commercial-scale clean electric power, continues to chart a dynamic course in the renewable energy sector, as evidenced by its recent advancements and strategic initiatives. Based in Stamford, Connecticut, Altus Power has become a formidable player in the solar energy market, recently announcing the successful completion of th...







Altus Power Inc's Segments
Power sales under PPAs    36.69 % of total Revenue
Power sales under NMCAs    32.27 % of total Revenue
Power sales on wholesale markets    1.48 % of total Revenue
Total revenue from power sales    70.44 % of total Revenue
Solar renewable energy credit revenue    22.99 % of total Revenue
Rental income    5.06 % of total Revenue
Performance based incentives    0.51 % of total Revenue
Revenue recognized on contract liabilities    1.01 % of total Revenue





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