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Altus Power to Announce Full Year 2024 Financial Results on March 17, 2025

1. Altus Power to report Q4 2024 results on March 17, 2025. 2. TPG is acquiring Altus Power, boosting its market presence.

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Why Bullish?

The acquisition by TPG signifies confidence in Altus Power's future, likely enhancing stock value. Similar acquisitions in the renewable sector have historically led to positive price movements in the stock post-announcement.

How important is it?

The ongoing developments in the acquisition process and anticipated results increase AMPS's forecast, indicating a noteworthy potential impact on its pricing.

Why Long Term?

The acquisition could lead to strategic advantages and growth, influencing AMPS positively over a longer time frame. Previous examples like the acquisition of NextEra Energy Resources show long-term benefits for acquired companies.

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TPGNEEENPH
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power”), the largest owner of commercial-scale solar in the US, today announced it will report financial results for the fourth quarter and full year of 2024 after the closing of the New York Stock Exchange on Monday, March 17, 2025. As previously announced on February 6, 2025, Altus Power and TPG entered into a definitive agreement for Altus Power to be acquired by TPG through its TPG Rise Climate Transition Infrastructur.

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