ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Altus Power Introduces Community Solar Partnership Program to CBRE and Blackstone Employees across The Northeast

Altus Power, Inc. (“Altus Power”) (NYSE: AMPS) today announced, in partnership with Blackstone (NYSE: BX) and CBRE (NYSE: CBRE), Altus Power has advanced its Community Solar Partnership Program for large enterprises by offering each company’s employees the opportunity to subscribe to the benefits of clean electricity from solar arrays owned and operated by Altus Power. Employees who subscribe to Altus Power’s Community Solar Partnership Program will receive a discount on the power they use compared with their local utility, generating savings on their monthly utility bills while also supporting the transition to clean energy.

The Community Solar Partnership Program has been implemented in New York City and Westchester County, NY, where employees from both CBRE and Blackstone’s programs were selected and are currently benefitting from credits on their electricity bills driven by energy that is generated by Altus Power from its Zerega community solar project. Zerega generates clean electricity locally on the rooftop of a large self-storage facility in the Bronx, New York.

Altus Power and CBRE plan to extend the program to employees in Hawaii, Maryland and New Jersey where Altus Power is developing additional solar assets tailored to community solar customers. There is additional potential for expansion of this partnership in Minnesota, Massachusetts and Illinois, where Altus Power also has assets serving community solar customers.

“We are excited to offer our Community Solar Partnership Program to Blackstone and CBRE employees as an easy way for them to go green and save money,” said Daniella Gray, Head of Customer Relations at Altus Power. “This program is an attractive employee perk and we expect other employers will be interested in offering it as part of their benefit plans.”

“It’s great to have another avenue to partner with Altus Power,” said Alison Caplan, Chief People Officer, CBRE. “Offering the opportunity to subscribe to community solar differentiates CBRE’s benefits program and will help our people – whether they own or rent their homes – benefit from clean energy without costly equipment installation.”

“Blackstone is proud to offer employees across New York City and Westchester regions the unique opportunity to benefit from the clean electricity generated by Altus Power Community Solar with a discount to their utility bills,” said Paige Ross, Global Head of Human Resources at Blackstone.

Altus Power is in discussions with other parties to create additional employee benefit programs. Employers interested in creating a Community Solar Partnership Program can reach out to Altus Power’s Customer Team at EmployeeBenefit@AltusPower.com. Individuals interested in signing up directly for Altus Power Community Solar can contact Hello@altuspower.com. For more detailed information on Altus Power Community Solar and how it works, please visit our Community Solar website or download the Altus Power Community Solar App available in the Apple Store and the Google Play Store.

About Altus Power, Inc.

Altus Power, based in Stamford, CT, is the premier commercial-scale clean electrification company serving commercial, industrial, public sector and community solar customers with an end-to-end solution. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.