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Altus Power

AMPS · NYSE

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About AMPS

Altus Power, Inc. is a clean electrification company, which engages in the development, ownership, construction, and operation of roof, ground, and carport-based photovoltaic solar energy generation and storage systems. The company is headquartered in Stamford, Connecticut and currently employs 113 full-time employees. The firm originates, develops, owns and operates locally sited solar generation, energy storage and charging infrastructure across the nation. The company 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 over one gigawatt (GW) of solar PV. The company has long-term power purchase agreements with approximately 450 enterprise entities and contracts with over 36,000 residential customers which are serviced by 360 MW of community solar projects in operation. Its community solar projects are serving customers in over nine states. The firm also participates in numerous renewable solar energy credit (SREC) programs throughout the country.

Employees
113
Headquarters
Stamford, Connecticut
Listed
Dec 15, 2020
Sector
Utilities
Industry
Independent Power and Renewable Electricity Producers
Website
altuspower.com

AMPS key statistics

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AMPS earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 5 of the last 8 quarters, by 253.6% on average.

  1. Q1 FY23: reported $0.03 per share against an estimate of -$0.0337
  2. Q2 FY23: reported $0.04 per share against an estimate of $0.0323
  3. Q3 FY23: reported $0.03 per share against an estimate of $0.0394
  4. Q4 FY23: reported -$0.17 per share against an estimate of -$0.0119
  5. Q1 FY24: reported $0.05 per share against an estimate of -$0.0743
  6. Q2 FY24: reported $0.24 per share against an estimate of $0.0319
  7. Q3 FY24: reported $0.11 per share against an estimate of $0.0328
  8. Q4 FY24: reported -$0.38 per share against an estimate of -$0.0523

AMPS news

  • Press releaseBusiness Wire

    Lumora Closes Pre-Seed Round to Tap South Korea's USD 145 Billion Industrial Solar Market

  • Press releasePRNewswire

    Foss & Company Closes Tax Equity Investment in Altus Power Distributed Solar-Plus-Storage Portfolio

  • Press releaseBusiness Wire

    Altus Power Acquires 47.8 MW Portfolio from Tortoise Capital Advisors, Expanding Market Leading Footprint in New York

  • Press releaseBusiness Wire

    Altus Power Closes Transaction with TPG

  • Press releaseBusiness Wire

    Altus Power Stockholders Approve Agreement to be Acquired by TPG

  • Press releaseBusiness Wire

    Altus Power Acquires Ten Maryland Community Solar Projects, Totaling 58.4 MW, from Prospect14

  • Press releaseGlobe Newswire

    Is Altus Power's $5 Per Share Sale Price Fair? Johnson Fistel Investigates Deal Terms

  • Press releasePRNewswire

    SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MHLD, SSTK, AMPS on Behalf of Shareholders

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