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

Solar Daily

Published

Greenwich CT (SPX) Jan 15, 2020

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 f

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