Altus Power SPAC Presentation Deck

CBRE Altus Power has Developed a Diversified Asset Base Operating Assets Near-Term Construction 50 MW Near-Term Acquisition 13 MW 410 MW Operating and Mechanically Complete 347 MW Blue-chip customer base and high quality counterparties with a weighted average offtaker rating of A1 ~65% of assets have a 1 - 4% PPA escalator Average remaining contract life of ~18 years¹ West 33% Regional Footprint South 5% 410 MW Northeast 62% By focusing on a diversified customer base, Altus Power has achieved significant growth while remaining cash flow positive C&I customer growth CAGR of ~60% and residential customer growth CAGR of ~95%, from 2015-2020 Operates across 16 states and entered 3 new markets since 2019, expanding geographic presence PPA Breakdown Wholesale Rate 1% Retail Rate Index 28% Utility Tariff Index 32% Acquisition Holdings 410 MW ALTUS POWER Fixed 39% Altus Power built its business on standardization of contracts and PPAs Note: 410 MW is comprised of (a) operating and mechanically complete, (b) near-term construction expected to be completed by year-end 2021 and (c) near-term acquisitions expected to be consummated by year-end 2021. Based on 347 MW operating and mechanically complete projects. 1. Conveys the value of standardization to the customer, without losing flexibility New contracts benefit from potential rising retail electricity rates ▶ Downside risk mitigated through contract floor pricing 34

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