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STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced that a formal review of strategic alternatives has been underway by its Board of Directors. The goal of the comprehensive review is to assess and determine the strategic alternatives that will unlock shareholder value and optimize access to capital for the company. “Our goal is to ensure that Altus Power is structured for long-term success in a growth indust.
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced an agreement to construct a 1.6 megawatt solar project at the San Manuel Landing, a 1.1 million square foot Class-A logistics center located in San Bernardino, Calif. Altus originated the project in conjunction with its partner, Trammell Crow Company, which developed the San Manuel Landing with the San Manuel Band of Mission Indians (SMBMI). Under a long-ter.
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power in the US, today released its 2023 Sustainability Report "Renewable Energy, Responsible Practices," highlighting the company's progress over the past year in its Environmental, Social and Governance initiatives. “As a clean power company, Altus Power is dedicated to leading the transition to a low-carbon economy and expanding access to clean energy for enterprises and househ.
STAMFORD, Conn.--(BUSINESS WIRE)--In the city that never sleeps, every New York minute counts. And now, in just a minute, you can make a lasting impact on your energy bill and the environment. Say hello to Altus Power Community Solar, the no-strings-attached way to power your community with the benefits of clean, renewable energy. Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, is offering slots to both renters and homeowners who are looking for opportun.
STAMFORD, Conn.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: ALTUS POWER COMPLETES TWO NEW COMMUNITY SOLAR PROJECTS IN MAINE Clean electric power to benefit local residents Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the completion of two solar projects in Maine, totaling 12.6 MWs, increasing the size of the company's portfolio in the Pine Tree.
Altus Power (AMPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
The heavy selling pressure might have exhausted for Altus Power (AMPS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Altus Power, Inc. (AMPS) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago.
Altus Power, Inc. (NYSE:AMPS ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 AM ET Company Participants Alison Sternberg - Head, Investor Relations Gregg Felton - Chief Executive Officer Dustin Weber - Chief Financial Officer Conference Call Participants James West - Evercore ISI Justin Clare - ROTH Capital Partners Vikram Bagri - Citigroup Jeffrey Campbell - Seaport Research Partners Operator Good afternoon. And welcome to the Altus Power Second Quarter 2024 Conference Call.
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the acquisition of an 8.5 MW solar array in New Jersey. The ground-mounted project generates clean, electric power that will be sold to PJM, the local independent system operator, as well as Solar Renewable Energy Credits (SRECs), and increases the size of the company's New Jersey portfolio to 185.5 MW in aggregate. “New Jersey is a national leader in renewa.