Altus Power Acquires 4-MW Operating Solar Portfolio from Beltline Energy in Georgia
October 7, 2020
Altus Power America, Inc. acquired a 4-megawatt operating solar portfolio in Georgia consisting of four single-axis tracker projects and one fixed-tilt project from Beltline Energy, LLC. The projects sell power to Georgia Power and generate roughly 6.5 million kWh annually; the acquisition expands Altus Power's C&I-scale distributed generation portfolio and strengthens its presence in the Southeast.
- Buyers
- Altus Power America, Inc.
- Targets
- 4-megawatt operating solar portfolio (four single-axis tracker projects and one fixed-tilt project)
- Sellers
- Beltline Energy, LLC
- Industry
- Renewable Energy
- Location
- Georgia, United States
- Transaction Type
- Buyout
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