Altus Power buys 234 MW solar portfolio across 18 states from Greenbacker, comprising 100+ sites, a major acquisition.

Altus Power, a prominent owner and operator of commercial-scale solar assets, has revealed the procurement of a substantial solar generation and storage portfolio. The acquisition from Greenbacker, an independent power producer, includes assets boasting a capacity of 234 Megawatts. This extensive collection spans over 100 locations distributed across 18 states. Regarded as one of the most notable distributed generation asset transactions in current times, the deal signifies a significant move in the renewable energy sector.