Altus Power, Inc. (AMPS): Price and Financial Metrics
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AMPS Price/Volume Stats
|Current price||$11.09||52-week high||$14.72|
|Prev. close||$11.79||52-week low||$4.26|
|Day high||$11.68||Avg. volume||680,587|
|50-day MA||$10.64||Dividend yield||N/A|
|200-day MA||$8.19||Market Cap||1.73B|
Altus Power, Inc. (AMPS) Company Bio
Altus Power, Inc. operates as a clean electrification company. The company is involved in the solar generation and energy storage activities, as well as in the operation of EV-charging stations. It serves commercial, public sector, and community solar customers in the United States. The company was founded in 2009 and is headquartered in Stamford, Connecticut.
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Below are the latest news stories about ALTUS POWER INC that investors may wish to consider to help them evaluate AMPS as an investment opportunity.
Shares of solar facilities provider Altus Power (NYSE:AMPS) are slumping in the pre-market session today after it announced a secondary public offering. A shareholder associated with Blackstone is offering 7 million Class A Altus shares and underwriters will have an option to buy up to 1.05 million additional Class A shares. Further, Altus will not receive any proceeds from the transaction by Blackstone.
Altus Power, Inc. Announces Pricing of Secondary Underwritten Public Offering of Class A Common Stock
STAMFORD, Conn., September 29, 2022--Altus Power, Inc. ("Altus Power") (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced the pricing of a secondary underwritten public offering of its Class A common stock by a selling stockholder affiliated with Blackstone ("Blackstone"). The offering consists of 7,000,000 shares being sold by Blackstone at a public offering price of $11.50 per share, which represents $80.5 million of Class
STAMFORD, Conn., September 28, 2022--Altus Power, Inc. ("Altus Power") (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that a selling stockholder affiliated with Blackstone ("Blackstone") intends to offer and sell 7,000,000 shares of Altus Power’s Class A common stock in a secondary underwritten public offering. In connection with the offering, Blackstone is expected to grant the underwriters a 30-day option to purchase up
Altus Power, Inc. Announces Definitive Agreements to Acquire Approximately 97 Megawatts of Operating Solar Assets
STAMFORD, Conn., September 27, 2022--Altus Power, Inc. ("Altus Power" or the "Company") (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced definitive agreements to acquire approximately 97 megawatts (MW) of operating solar assets for approximately $220 million funded by a combination of cash on hand and assumed liabilities. The largest of these portfolios includes 88 MW of generating assets and the acquisition is subject to c
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