Altus Power Completes 5.6 Megawatts of Massachusetts Solar Farms

(Bloomberg) — Altus Power America Management LLC, a U.S.
investor in renewable-energy, completed two solar projects in
Massachusetts with a combined capacity of 5.6 megawatts.

Altus spent about $15 million developing a 4.3-megawatt
solar farm in Hampden and a 1.3-megawatt power plant in
Sheffield, Tom Athan, managing partner and co-founder of Altus,
said in an e-mail Wednesday. Both projects are selling the
output to local municipalities under 20-year contracts.

Altus, based in Old Greenwich, Connecticut, now owns and
operates 23 distributed-generation projects in the U.S., with at
least a dozen more in development, Athan said. The firm in
October said it was getting $125 million from Franklin Square
Capital Partners to invest in commercial-scale solar systems.

To contact the reporter on this story:
Justin Doom in New York at
jdoom1@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Will Wade, Tina Davis

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