Altus Power has closed on a secured credit facility with a principal loan amount of $100 million by an affiliate of Goldman Sachs Asset Management and CPPIB Credit Investments III, a subsidiary of Canada Pension Plan Investment Board.
The company plans to use facility proceeds to support its ongoing expansion. The facility carries an 8.5% interest rate and a term of six years while being prepayable without penalty after three years.
“We’re pleased to welcome Goldman Sachs and CPP Investments as partners in Altus Power, bringing capital that will fund our expected growth plans in 2024,” says Dustin Weber, CFO of Altus Power. “This financing capitalizes on our growing cash flow generation, which has been a defining feature of our business model.”
“Our pipeline includes an attractive flow of operating and development assets and, with this efficient financing, we’re well positioned to execute on these opportunities,” adds Altus Power’s Gregg Felton. “We believe this new facility positions us to increase our market share while providing our counterparties with execution certainty and our shareholders with continued profitable growth.”
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Altus Power Closes Financing from Goldman Sachs and CPP Investments
We all need to hope that the words at left here become true, because the only alternative is Trump’s achieving the same status in the United States that Putin has in Russia, Xi has in China, and Jong Un has in North Korea, i.e., supreme leader for life.
https://www.2greenenergy.com/2026/05/14/trump-and-treachery/
In the United States, we are a million miles away from a government that ensures that its citizens are taken care of.
When we look at countries in Europe, as well as those in New Zealand, Iceland, Costa Rica, etc., we see that it is possible to blend free enterprise with a sense of community and harmony.
Some Governments for the Wellbeing of Their People, But Not in America
If you think the Trump brand is toxic now, just wait and see how this all turns out.
When was the last time you saw a building marked “Hitler Tower?”
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