Altus Power SPAC Presentation Deck
Transaction Overview
The Business
Ticker
Offering Size
Valuation
Capital Structure
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CBRE Acquisition ALTUS POWER
Holdings
Execution Highlights
Vertically integrated developer, owner, and operator of onsite renewable electrification
Solutions include solar, energy storage, and electric vehicle charging
Post-merger ticker: AMPS (NYSE Listing)
CBRE Acquisition Holdings (NYSE:CBAH) is a special purpose acquisition company with $403mm cash-
in-trust
PIPE of $275mm
$900mm pre-money equity value
Existing Altus Power shareholders are rolling 100% of common equity
~$338mm cash to balance sheet (assuming no redemptions) retained to fund future growth
CBRE's sponsor economics creates alignment with all stakeholders
CBRE is investing $70mm in the PIPE and has committed to backstop up to $150mm of SPAC
redemptions¹
Blackstone along with Management and the Board are investing more than $25mm in the PIPE
Altus Power positioned to be the category-defining clean electrification company
1. Committed to backstop up to $150mm of SPAC redemptions on a dollar for dollar basis at the same terms as the PIPE.
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