---
schema_version: "secwatch.filing_event.v1"
accession: "0001828723-24-000006"
form_type: "8-K"
ticker: null
cik: "0001828723"
company_name: "Altus Power, Inc."
filed_at: "2024-01-02T23:59:59+00:00"
generated_at: "2026-06-07T05:25:55.186207+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Altus Power secures $100M term loan from Goldman Sachs and CPP Investments at 8.50%

## Summary
- Loan of $100M at 8.50% interest, maturing December 27, 2029; net proceeds of $97M.
- Prepayable without penalty after three years; interest paid quarterly starting March 2024.
- Proceeds to fund growth and expansion plans; lenders have right of first offer on future financings.

## SEC filing metadata
- accession: 0001828723-24-000006
- form_type: 8-K
- cik: 0001828723
- company_name: Altus Power, Inc.
- filed_at: 2024-01-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000006/0001828723-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000006/amps-20231227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828723-24-000006
- JSON: https://secwatch.observer/filing/0001828723-24-000006.json
- Plain text: https://secwatch.observer/filing/0001828723-24-000006.txt

## Key facts
- Debt Financings
  Altus Power, Inc. incurred term loan of $100 million with Goldman Sachs and CPP Investments at 8.50% maturing December 27, 2029.
  - Instrument: term loan
  - Principal: $100 million
  - Counterparty: Goldman Sachs and CPP Investments
  - Rate: 8.50%
  - Maturity: December 27, 2029
  - Event: incurrence
  source text: entered into a Credit Agreement with an affiliate of Goldman Sachs Asset Management (“Goldman Sachs”) and CPPIB Credit Investments III Inc., a subsidiary of Canada Pension Plan Investment Board (“CPP Investments”; and together with Goldman Sachs, the “Lenders”) and Wilmington Trust, National Association, as administrative agent for the Lenders (the “Credit Agreement”) under the terms of which the Lenders committed to lend the Company up to $100 million in term loan financing to support its growth needs (the “Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000006/0001828723-24-000006-index.htm
- Material Agreements
  Altus Power, Inc. entered into Credit Agreement with Goldman Sachs Asset Management affiliate and CPPIB Credit Investments III Inc. valued at up to $100 million term loan financing, with $100 million borrowed at closing (effective 2023-12-27).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Goldman Sachs Asset Management affiliate and CPPIB Credit Investments III Inc.
  - Value: up to $100 million term loan financing, with $100 million borrowed at closing
  - Effective: 2023-12-27
  source text: On December 27, 2023, Altus Power, Inc. (“Altus Power” or the “Company), through its subsidiary, APA Generation Holdings, LLC (the “Borrower”), entered into a Credit Agreement with an affiliate of Goldman Sachs Asset Management (“Goldman Sachs”) and CPPIB Credit Investments III Inc., a subsidiary of Canada Pension Plan Investment Board (“CPP Investments”; and together with Goldman Sachs, the “Lenders”) and Wilmington Trust, National Association, as administrative agent for the Lenders (the “Credit Agreement”) under the terms of which the Lenders committed to lend the Company up to $100 million in term loan financing to support its growth needs (the “Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000006/0001828723-24-000006-index.htm

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