About Altus Power America
Altus Power America is a company based in Greenwich (United States) founded in 2009 by Tony Savino was acquired by The Rise Fund in February 2025.. Altus Power America has completed 1 acquisition, including Unico Solar Investors. Altus Power America offers products and services including Community Solar, Commercial Solar, and Altus IQ Dashboard.
- Headquarter Greenwich, United States
- Founders Tony Savino
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Altus Power, Inc.
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Annual Revenue
$11.27 M-93as on Dec 31, 2024
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Net Profit
$1.32 M114as on Dec 31, 2024
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EBITDA
$98.48 M39as on Dec 31, 2024
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Latest Funding Round
$503 M (USD), Debt – Conventional
Sep 07, 2021
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Investors
Blackstone
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
The Rise Fund
(Feb 06, 2025)
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Products & Services of Altus Power America
Altus Power America offers a comprehensive portfolio of products and services, including Community Solar, Commercial Solar, and Altus IQ Dashboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides solar access for residents without personal installations.
Offers cost-saving solar systems for enterprises and organizations.
Delivers insights for tracking and managing energy sustainability goals.
Unlock access to complete
Funding Insights of Altus Power America
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $503.0M
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First Round
First Round
(07 Sep 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Debt – Conventional - Altus Power America | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altus Power America
Altus Power America has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and The Rise Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Sector-agnostic VC investment company investing globally
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altus Power America
Altus Power America has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Unico Solar Investors. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solar energy services are provided for residential and commercial sectors.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Altus Power America
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altus Power America Comparisons
Competitors of Altus Power America
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Altus Power America
Frequently Asked Questions about Altus Power America
When was Altus Power America founded?
Altus Power America was founded in 2009 and raised its 1st funding round 12 years after it was founded.
Where is Altus Power America located?
Altus Power America is headquartered in Greenwich, United States. It is registered at Greenwich, Connecticut, United States.
Who is the current CEO of Altus Power America?
Gregg Felton is the current CEO of Altus Power America.
What is the annual revenue of Altus Power America?
Annual revenue of Altus Power America is $11.27M as on Dec 31, 2024.
What does Altus Power America do?
Altus Power America was founded in 2009 and is headquartered in Greenwich, United States. Operations are centered on an infrastructure fund that targets renewable energy sectors. Investments are directed toward sustainable power projects, including solar and energy storage solutions. Services encompass development, financing, and management of clean energy assets across commercial and community sites in the U.S. Board oversight is provided by experienced directors in energy and finance.
What products or services does Altus Power America offer?
Altus Power America offers Community Solar, Commercial Solar, and Altus IQ Dashboard.
How many acquisitions has Altus Power America made?
Altus Power America has made 1 acquisition, including Unico Solar Investors.
Who are Altus Power America's investors?
Altus Power America has 2 investors. Key investors include Blackstone, and The Rise Fund.
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