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Altus Power has a track record of delivering high-quality, cost-effective solar solutions to its customers. Less volatile than the market and may be a relatively safe investment in my opinion.
Altus Power (NYSE: AMPS) has announced that it has entered into a definitive agreement to acquire approximately 220 MW of solar assets for approximately $293m from funds managed by True Green Capital Management. The transaction is expected to close during Q1 2023, and will promptly add 207 MW of commercial-scale solar assets to Altus Power's operations, with the remaining 13 MW expected to be completed in the coming months.
Altus Power, Inc. (NYSE:AMPS ) Q3 2022 Earnings Conference Call November 14, 2022 8:30 AM ET Company Participants Chris Shelton - Head-Investor Relations Lars Norell - Co-Founder and Co-Chief Executive Officer Dustin Weber - Chief Financial Officer Gregg Feltonco - Co-Founder and Co-Chief Executive Officer Conference Call Participants Justin Clare - ROTH Capital Partners Chris Souther - B. Riley Mark Strouse - JP Morgan James West - Evercore ISI Operator Good morning and welcome to the Altus Power Third Quarter 2022 Conference Call.
The clean power company disappointed investors.
The world has an evolving demand for electricity. AMPS offerings have a strong value proposition for users.
STAMFORD, Conn.
ALPS Clean Energy ETF (ACES) topped the list of the best-performing U.S. equity ETFs in Q3, gaining about 11%. The rally was driven by the Inflation Reduction Act, which focuses on making the climate greener.
Altus Power Inc (NYSE: AMPS) shares are trading lower by 18.55% to $11.59 Thursday morning after the company priced a 7 million share secondary underwritten public offering of Class A common stock at $11.50 per share. What Else?
100% technical buy signals. 7 new highs and up 24.78% in the last month.
The consensus price target hints at a 26.4% upside potential for Altus Power, Inc. (AMPS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.