Altus Power teams up with Blackstone to raise $850M for solar development and investment

Altus Power teams up with Blackstone to raise $850M for solar development and investment

Altus Power America, Inc. reports that Blackstone, through its GSO Capital Partners LP (“GSO”) and Blackstone Insurance Solutions (“BIS”) groups, has led a recapitalization with $850 million of funded and committed capital to refinance the existing capital structure and fund future development. The recapitalization consists of preferred and minority equity and investment grade-rated debt financing […]

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