Altus Power, Inc., a Market-Leading Clean Electrification Company, Acquires 79 MW of Operating Solar Power Generation Assets

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Summary

Headquartered in Greenwich, Connecticut, Altus Power is a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic and energy storage systems, as well as electric vehicle charging facilities, serving commercial and industrial, public sector and community solar customers. The acquisition expands Altus Power’s portfolio of operating projects and diversity of client relationships, many of which are seeking additional electrification solutions, including battery storage as well as EV charging stations. “We are pleased to add these projects and customer relationships to our growing national portfolio of distributed solar generation assets,” said Gregg Felton, Co-CEO of Altus Power. Stockholders will also be able to obtain copies of the Registration Statement and the proxy statement/prospectus, without charge, once available, at the SEC’s website at www.sec.gov or by directing a request to CBRE Acquisition Holdings, Inc., 2100 McKinney Avenue, Suite 1250, Dallas, TX 75201. CBAH and Altus Power urge investors, stockholders and other interested persons to read the Registration Statement, including the preliminary proxy statement/prospectus and amendments thereto and the definitive proxy statement/prospectus and exhibits thereto, as well as other documents filed with the SEC in connection with the Business Combination, as these materials will contain important information about Altus Power, CBAH and the Business Combination.

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