Equities

Altus Power Inc

Altus Power Inc

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UtilitiesElectricity
  • Price (USD)3.86
  • Today's Change-0.13 / -3.26%
  • Shares traded1.37m
  • 1 Year change-23.87%
  • Beta--
Data delayed at least 15 minutes, as of May 18 2024 00:00 BST.
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About the company

Altus Power, Inc. is a commercial-scale provider of serving commercial, industrial, public sector and community solar customers with end-to-end solutions. The Company originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. It is a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic (PV) and energy storage systems, serving commercial and industrial, public sector and community solar customers. Its portfolio consists of 896 megawatts (MW) of solar PV. It has long-term power purchase agreements with approximately over 450 enterprise entities and contracts with over 20,000 residential customers which are serviced by over 240 MW of community solar projects in operation. Its community solar projects are serving customers in eight states. The Company also participates in numerous renewable energy credit (REC) programs throughout the country.

  • Revenue in USD (TTM)166.44m
  • Net income in USD-7.46m
  • Incorporated2020
  • Employees93.00
  • Location
    Altus Power Inc2200 Atlantic Street, 6Th FloorSTAMFORD 06902United StatesUSA
  • Phone+1 (203) 698-0090
  • Fax+1 (302) 655-5049
  • Websitehttps://www.altuspower.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
AMPS:NYQ since
announced
Transaction
value
Vitol Netherlands Cooperatief UA-84 Megawatts Solar ArraysDeal completed31 Jan 202431 Jan 2024Deal completed-28.25%118.20m
Project Hyperion LLCDeal completed21 Dec 202321 Dec 2023Deal completed-40.16%--
Unico Solar Investors LLC-Core BusinessAnnounced19 Dec 202319 Dec 2023Announced-39.69%--
Apollo Global Management Inc-Undisclosed Solar Portfolio,CaliforniaDeal completed19 Jul 202319 Jul 2023Deal completed-41.25%--
Data delayed at least 15 minutes, as of May 18 2024 00:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Verde Clean Fuels Inc0.00-2.94m158.37m6.00--4.26-----0.4357-0.43570.001.160.00----0.00-26.63---65.55-------------30.210.00-------200.89------
Entergy New Orleans LLC828.07m169.82m219.92m302.001.140.25590.87120.265620.1320.1398.1689.830.371218.056.802,741,967.007.614.328.954.8934.64--20.5110.860.6344-0.29950.469---15.383.30257.1539.54-4.07--
Blink Charging Co156.50m-191.07m332.26m684.00--1.12--2.12-2.86-2.862.112.940.37022.553.84228,798.30-45.20-43.66-52.85-50.3231.3625.80-122.09-163.112.28-22.220.0242--129.96120.68-122.47--196.08--
Genie Energy Ltd443.12m9.96m415.37m192.0048.052.1636.440.93740.31870.437416.637.101.4315.687.072,307,922.003.539.424.9514.8133.1132.802.475.902.08--0.0033.0735.878.87-76.91-9.6946.69-12.94
Saxon Capital Group Inc342.16k-3.39m557.94m5.00------1,630.63-110.87-110.8713.50-3.430.1909----68,432.00-189.00---326.79--24.54---990.06-----21.321.10-------2,649.34------
SolarMax Technology Inc54.14m434.78k561.97m79.001,271.24--913.1110.380.00980.00981.22-0.3570.983218.124.61685,308.000.7896-2.854.30-9.5420.5915.300.8031-3.280.42810.88981.78--21.07-9.63106.33---41.89--
Altus Power Inc166.44m-7.46m620.19m93.00--1.3519.013.73-0.0484-0.04841.042.860.0859--9.201,789,710.00-1.33---1.47--79.22---15.48----0.38790.7137--53.38---117.01------
Unitil Corp515.60m48.30m875.68m533.0018.151.717.481.702.982.9831.9331.590.311323.725.47970,998.102.922.673.473.0636.73--9.378.130.6333.180.572260.07-1.084.649.186.496.612.10
Oklo Inc0.0010.31m1.10bn2.0047.701.31106.74--0.18890.18890.006.880.00----0.002.50--2.53--------------0.00------202.32------
Data as of May 18 2024. Currency figures normalised to Altus Power Inc's reporting currency: US Dollar USD

Institutional shareholders

32.62%Per cent of shares held by top holders
HolderShares% Held
Blackstone Alternative Credit Advisors LPas of 31 Dec 202321.12m13.27%
BlackRock Fund Advisorsas of 31 Mar 20245.15m3.24%
Robeco Schweiz AGas of 31 Mar 20244.00m2.51%
The Vanguard Group, Inc.as of 31 Mar 20243.49m2.19%
Encompass Capital Advisors LLCas of 31 Dec 20233.48m2.19%
Invesco Capital Management LLCas of 31 Dec 20233.06m1.93%
Liberty Mutual Insurance Co. (Investment Portfolio)as of 31 Dec 20233.00m1.89%
SSgA Funds Management, Inc.as of 31 Dec 20232.99m1.88%
J. Goldman & Co. LPas of 31 Dec 20232.97m1.87%
Swedbank Robur Fonder ABas of 29 Feb 20242.63m1.66%
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Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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