Altus Power, Inc., A Market-Leading Clean Electrification Company, Announces Business Combination With CBRE Acquisition Holdings, Inc.;
Altus Power
Transaction to generate gross proceeds of approximately $678 million to the company, including a $275 million fully-committed common stock PIPE, anchored by CBRE Group, Inc. and existing investors, Altus Power management and Blackstone Credit, as well as new investors, including ValueAct Capital, Liberty Mutual Investments and other leading institutional investors
