---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-082841"
form_type: "8-K"
ticker: null
cik: "0001828723"
company_name: "Altus Power, Inc."
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T13:41:11.835648+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Altus Power completes $2.2B all-cash acquisition by TPG; stock delisted from NYSE

## Summary
- Stockholders receive $5.00 per share; total enterprise value ~$2.2B including debt.
- Class A common stock ceased trading on NYSE under AMPS; intends to deregister with SEC.
- Company enters new $200M term loan + $100M delayed draw + up to $200M incremental at 8.5% interest.
- Existing credit agreement repaid and terminated; equity compensation plans terminated.
- Board resignations except Felton, Davidson, Harris; officers continue with surviving corporation.

## SEC filing metadata
- accession: 0001193125-25-082841
- form_type: 8-K
- cik: 0001828723
- company_name: Altus Power, Inc.
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 3.03, 5.01, 5.02, 5.03, 2.03, 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/d870221d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-082841
- JSON: https://secwatch.observer/filing/0001193125-25-082841.json
- Plain text: https://secwatch.observer/filing/0001193125-25-082841.txt

## Key facts
- Executive change
  Christine R. Detrick resigned as Director at Altus Power, Inc..
  - Action: resigned
  - Role: Director
  source text: Accordingly, as of the Effective Time, Christine R. Detrick, Robert C. Bernard, Robert M. Horn, Richard N. Peretz, Tina C. Reich and Richard A. Shapiro, resigned and ceased serving on the Company’s board of directors and all of its committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- Executive change
  Richard A. Shapiro resigned as Director at Altus Power, Inc..
  - Action: resigned
  - Role: Director
  source text: Accordingly, as of the Effective Time, Christine R. Detrick, Robert C. Bernard, Robert M. Horn, Richard N. Peretz, Tina C. Reich and Richard A. Shapiro, resigned and ceased serving on the Company’s board of directors and all of its committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- Executive change
  Robert M. Horn resigned as Director at Altus Power, Inc..
  - Action: resigned
  - Role: Director
  source text: Accordingly, as of the Effective Time, Christine R. Detrick, Robert C. Bernard, Robert M. Horn, Richard N. Peretz, Tina C. Reich and Richard A. Shapiro, resigned and ceased serving on the Company’s board of directors and all of its committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- Executive change
  Richard N. Peretz resigned as Director at Altus Power, Inc..
  - Action: resigned
  - Role: Director
  source text: Accordingly, as of the Effective Time, Christine R. Detrick, Robert C. Bernard, Robert M. Horn, Richard N. Peretz, Tina C. Reich and Richard A. Shapiro, resigned and ceased serving on the Company’s board of directors and all of its committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- Executive change
  Tina C. Reich resigned as Director at Altus Power, Inc..
  - Action: resigned
  - Role: Director
  source text: Accordingly, as of the Effective Time, Christine R. Detrick, Robert C. Bernard, Robert M. Horn, Richard N. Peretz, Tina C. Reich and Richard A. Shapiro, resigned and ceased serving on the Company’s board of directors and all of its committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- Executive change
  Robert C. Bernard resigned as Director at Altus Power, Inc..
  - Action: resigned
  - Role: Director
  source text: Accordingly, as of the Effective Time, Christine R. Detrick, Robert C. Bernard, Robert M. Horn, Richard N. Peretz, Tina C. Reich and Richard A. Shapiro, resigned and ceased serving on the Company’s board of directors and all of its committees.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
- M&A Transactions
  Altus Power, Inc. underwent a change of control involving Avenger Parent, Inc. for $5.00 per share in cash (closed 2025-04-16).
  - Action: change of control
  - Counterparty: Avenger Parent, Inc.
  - Consideration: $5.00 per share in cash
  - Closing: 2025-04-16
  source text: On April 16, 2025, pursuant to that certain Agreement and Plan of Merger, dated as of February 5, 2025 (the “ Merger Agreement ”), by and among Altus Power, Inc., a Delaware corporation (the “ Company ”), Avenger Parent, Inc., a Delaware corporation (“ Parent” ), and Avenger Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“ Merger Sub ”), Merger Sub merged with and into the Company (the “ Merger ”), with the Company continuing as the surviving corporation and a wholly owned subsidiary of Parent (the “ Surviving Corporation ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.