GREENWICH, Conn., April 17, 2019 /PRNewswire/ -- Altus Power America, Inc. ("Altus Power") has completed the acquisition of a multistate operating portfolio of ground-mounted solar assets. The 19 megawatt (MW) DC portfolio of solar energy systems sell clean, renewable energy to offtakers ranging from regional and national utilities to various municipalities in Massachusetts, North Carolina and New Mexico. Altus acquired the portfolio from a lender through a private foreclosure sale.  

Managing Partner of Altus Power, Gregg Felton, said, "For the past several years, Altus Power has been focused on acquiring operating solar projects from a diverse set of asset owners, often with significant and unique structuring requirements. We are delighted to have successfully partnered with a lender, whose borrower was in default, in order to acquire this portfolio. Over the past several years, Altus Power has acquired 54 discrete projects in nine separate transactions."  Elaine Charlebois, Senior Associate of Altus Power added, "This transaction once again demonstrates Altus Power's structuring expertise and willingness to acquire complex portfolios of solar assets."

Together, the ten solar projects generate approximately 27 million kilowatt hours (kWh) of electricity (and 27,000 renewable energy credits) annually, enough energy to power the equivalent of 3,300 homes.  Altus Power owns and manages 165 MW of solar PV assets across 14 states. 

About Altus Power America

Altus Power America, Inc. is a Greenwich, Connecticut-based company that invests in, owns and operates clean energy projects that provide renewable energy and solar savings to commercial and public sector clients.  Altus is funded by Goldman Sachs, Global Atlantic Financial Group and FS Investments. Visit www.altuspower.com to learn more.

Media: Contact Altus Power at 203.698.0090 or This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE Altus Power America, Inc.

Related Links

http://www.altuspower.com

Read more: Altus Power Acquires 19 MW Operating Solar...

Each year, EPA'S ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior cost-saving energy efficiency achievements. ENERGY STAR Award Winners lead their industries in the production and sale of energy-efficient products and services, and in the development and adoption of strategies that provide substantial savings in the buildings where we live and work.

Elevation serves thousands of homeowners looking to make their homes more efficient and comfortable. "Our mission is to elevate the home energy experience for our customers and their families," said Clayton Andersen, CEO of Elevation. "We're grateful for the ENERGY STAR program and to be recognized with this award."

About ENERGY STAR:
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Since 1992, ENERGY STAR and its partners helped save American families and businesses nearly 4 trillion kilowatt-hours of electricity and achieve over 3 billion metric tons of greenhouse gas reductions, equivalent to taking over 600 million cars off the road for a year.

About Elevation:
Headquartered in Arizona, Elevation Solar LLC is a fully integrated residential energy solutions company providing solar, energy efficiency and smart energy management technology to customers across multiple states in the Southwest and beyond. Elevation's aim is to help individuals reduce occupancy costs and increase value in their homes through solar ownership and energy management technology. By consistently delivering high quality solutions to our customers, protecting our employees through safe and ethical business practices, and serving our communities, we fulfill our company mantra: to Elevate the world we live in.

SOURCE Elevation Solar

Related Links

elevationsolar.com

Read more: Elevation Solar Awarded ENERGY STAR Contractor...

LEHI, Utah, April 17, 2019 /PRNewswire/ -- Vivint Solar, Inc. (NYSE: VSLR) announced today that it plans to report financial results for the first quarter of 2019 after the U.S. financial markets close on Thursday, May 9, 2019. The company will host a conference call and simultaneous audio-only webcast at 5 p.m. Eastern Time to discuss its financial results for the quarter.

Vivint Solar (PRNewsfoto/Vivint Solar)

To access the conference call, please dial 1-833-235-7641, or for international callers, 1-647-689-4162. The conference ID is 977 3839. Please call 10 minutes prior to the scheduled conference call time. The conference call will also be webcast live and may be accessed at the "Events and Presentations" link on the investor relations section of the company's website at investors.vivintsolar.com. A replay of the webcast will be available approximately two hours after the conference call commences on the investor relations page of the company's website.

About Vivint Solar

Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings over time. Vivint Solar designs and installs solar energy systems for its customers and offers monitoring and maintenance services. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options, including power purchase agreements or lease agreements, where available. Vivint Solar also offers solar plus storage systems with LG home batteries. For more information, visit www.vivintsolar.com or follow @VivintSolar on Twitter.

Contacts

Rob Kain
Vice President of Investor Relations
855-842-1844
This email address is being protected from spambots. You need JavaScript enabled to view it.

Helen Langan
Senior Director of Communications
385-202-6577
This email address is being protected from spambots. You need JavaScript enabled to view it.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/vivint-solar-to-report-first-quarter-2019-financial-results-300833404.html

SOURCE Vivint Solar

Read more: Vivint Solar to Report First Quarter 2019...

LEHI, Utah, April 17, 2019 /PRNewswire/ -- Vivint Solar, Inc. (NYSE: VSLR) announced today that it plans to report financial results for the first quarter of 2019 after the U.S. financial markets close on Thursday, May 9, 2019. The company will host a conference call and simultaneous audio-only webcast at 5 p.m. Eastern Time to discuss its financial results for the quarter.

To access the conference call, please dial 1-833-235-7641, or for international callers, 1-647-689-4162. The conference ID is 977 3839. Please call 10 minutes prior to the scheduled conference call time. The conference call will also be webcast live and may be accessed at the "Events and Presentations" link on the investor relations section of the company's website at investors.vivintsolar.com. A replay of the webcast will be available approximately two hours after the conference call commences on the investor relations page of the company's website.

About Vivint Solar

Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings over time. Vivint Solar designs and installs solar energy systems for its customers and offers monitoring and maintenance services. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options, including power purchase agreements or lease agreements, where available. Vivint Solar also offers solar plus storage systems with LG home batteries. For more information, visit www.vivintsolar.com or follow @VivintSolar on Twitter.

Contacts

Rob Kain
Vice President of Investor Relations
855-842-1844
This email address is being protected from spambots. You need JavaScript enabled to view it.

Helen Langan
Senior Director of Communications
385-202-6577
This email address is being protected from spambots. You need JavaScript enabled to view it.

SOURCE Vivint Solar

Related Links

https://www.vivintsolar.com

Read more: Vivint Solar to Report First Quarter 2019...

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