---
schema_version: "secwatch.filing_event.v1"
accession: "0001828723-24-000010"
form_type: "8-K"
ticker: null
cik: "0001828723"
company_name: "Altus Power, Inc."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:03:02.919728+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altus Power acquires 84 MW solar portfolio from Vitol for $118M

## Summary
- Purchase price ~$118M funded by cash on hand; customary working capital adjustments.
- Adds thousands of Community Solar subscribers, school districts, and enterprises in NY, NJ, and ME.
- Expects to expand funding facility with Blackstone in near term to secure long-term financing.
- Acquired assets span rooftop, ground, and carport arrays; total portfolio across 25 states.

## SEC filing metadata
- accession: 0001828723-24-000010
- form_type: 8-K
- cik: 0001828723
- company_name: Altus Power, Inc.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000010/0001828723-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000010/amps-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828723-24-000010
- JSON: https://secwatch.observer/filing/0001828723-24-000010.json
- Plain text: https://secwatch.observer/filing/0001828723-24-000010.txt

## Key facts
- M&A Transactions
  Altus Power, Inc. completed an acquisition involving Vitol Solar I LLC for approximately $118 million (closed 2024-01-31).
  - Action: acquisition
  - Counterparty: Vitol Solar I LLC
  - Consideration: approximately $118 million
  - Closing: 2024-01-31
  source text: Power, LLC, a Delaware limited liability company (“Buyer”), dated as of January 31, 2024 (the “Acquisition Agreement”). The base purchase price for these assets is approximately $118 million. The base purchase price and associated costs and expenses was funded by cash on hand. The purchase price is also subject to customary adjustments for working capital and other
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828723/000182872324000010/0001828723-24-000010-index.htm

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