Altus Power Announces New Solar Project in San Bernardino, California
October 08 2024 - 7:00AM
Business Wire
Clean electric power to benefit the San Manuel
Landing.
Altus Power (NYSE: AMPS), the largest commercial scale provider
of clean electric power, today announced an agreement to construct
a 1.6 megawatt solar project at the San Manuel Landing, a 1.1
million square foot Class-A logistics center located in San
Bernardino, Calif. Altus originated the project in conjunction with
its partner, Trammell Crow Company, which developed the San Manuel
Landing with the San Manuel Band of Mission Indians (SMBMI).
Under a long-term agreement, Altus Power will lease the roof of
the building from the San Manuel Band of Mission Indians. Upon
completion, the solar array will deliver low-cost clean electric
power to the tenant of the building, saving the company money on
its utility bills, and reducing emissions by over 21,000 metric
tons of carbon dioxide, the equivalent of not burning over 23
million pounds of coal.
“Our track record of developing strong customer relationships
and a trusted brand that allows Altus Power to overcome adoption
barriers in commercial real estate was instrumental in completing
this early-stage development project with the SMBMI and Trammell
Crow Company,” said Brett Phillips, Director, Investment and
Structured Finance, Altus Power. “Altus Power is committed to
expanding our customer base in California by adding value
throughout the commercial real estate market, and we are proud of
our roster of enterprise clients that benefit from low-cost clean
energy.”
Upon completion, the solar project will add to the company’s
California portfolio of 120 MWs. Altus Power’s portfolio across 25
states serves enterprises committed to achieving carbon reduction
goals, anchored by the company’s distributed solar arrays.
About Altus Power
Altus Power, based in Stamford, Conn., is the largest
commercial-scale provider of clean electric power serving
commercial, industrial, public sector and Community Solar customers
with end-to-end solutions. 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.
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For More Information Jenny Volanakis
mediarelations@altuspower.com
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