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CBRE’s SPAC To Take Clean Energy Provider Altus Power Public in $1.6 Billion Deal

Investors Including Blackstone Group Agree To Pump in $678 Million of Growth Capital
The solar warehouse at 100 Meadow Road in Boston is among Altus Power’s holdings. (Altus Power)
The solar warehouse at 100 Meadow Road in Boston is among Altus Power’s holdings. (Altus Power)

CBRE Acquisition Holdings, a special-purpose acquisition company sponsored by real estate giant CBRE Group, has reached a deal to take clean electrification company Altus Power public in a deal valued at $1.58 billion.

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