Exit Mode
CompletedEnergy16 April 2025

TPG to acquire Altus Power, Inc.

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
TPG
Target
Altus Power, Inc.
Deal value
Not disclosed
Announced
16 April 2025
Status
Completed
Sector
Energy
Country
United States
Consideration
shares

Sources

SEC_EDGAR_8K
What we know

Parent has agreed to acquire Altus Power, Inc. in a going private transaction valued at an undisclosed sum. The consideration will be paid entirely in shares, with the buyer operating from the United States and the target based in the same jurisdiction. This deal falls within the Energy sector and was announced on 16 April 2025. The transaction was completed on the same day it was announced, marking a swift conclusion to the process.

The deal structure involves a transfer of ownership from public shareholders to the acquiring entity, effectively removing the target from public markets. No specific financial figures were disclosed regarding the total value or the exchange ratio for the shares involved. The transaction is now complete and no further regulatory steps are pending for the parties involved.

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Deal timeline

1 update
  1. CompletedClosed

    Parent completes acquisition of Altus Power, Inc.

    Item 1.01. Entry into a Material Definitive Agreement The information set forth in the Explanatory Note of this Current Report on Form 8-K (this “ Current Report ”) is incorporated by reference into this Item 1.01. On April 16, 2025, APA Generation Holdings, LLC (“ APAGH ” or the “ APAGH Borrower ”), a wholly owned subsidiary of the Company, entered into a senior secured credit agreement (the “ AP

    Source

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Buyer history

TPG

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Methodology

How this page is built

Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.

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