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Funding, M&A, exec moves & hiring — every signal Fundz sees, the moment it happens. See who’s in your market, who to reach, and why now.

Altus Power acquires Greenbacker's 234 MW portfolio

PRIVATEDec 18, 20257 months ago

Acquiring Company

Altus Power

Acquired Company

Greenbacker

New YorkEnergySustainabilityNatural ResourcesReal EstateEnergyRenewable EnergySolarBiomass Energy

Description

Altus Power has acquired a 234 Megawatt portfolio of solar generation and storage assets from Greenbacker, expanding its coverage to 30 states. This acquisition ranks among the most significant in recent years, with the portfolio comprising over 100 sites across 18 states. The deal reinforces Altus Power's position as a trusted partner in the renewable energy sector.

Company Information

Company

Altus Power

About

Altus Power, based in Greenwich, Connecticut, is creating a clean electrification ecosystem, serving its commercial, public sector and community solar customers with locally-sited solar generation, energy storage, and EV-charging stations across the U.S. Since its founding in 2009, Altus Power has developed or acquired in excess of 340 megawatts from Vermont to Hawaii. Visit altuspower.com to learn more.

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Strategic

ML-powered predictions for Altus Power's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.