Altus Power SPAC Presentation Deck
Operational Benchmarking
'21-'23 Revenue CAGR
'21-'23 EBITDA CAGR
2023 EBITDA Margin
Altus Power
73.6%
ALTUS POWER
102.0%
ALTUS POWER
68.9%
ALTUS POWER
Peer Median: 18.8%
18.8%
Residential Solar
SUNPOWER
--36.7%
Peer Median: 52.0%
SUNPOWER
10.5%
51.2% 1
sunn va
SUNPOWER
67.2%¹
Peer Median: 39.5%
sunn va
68.5%¹
sunn va
14.1%
sunrun
NM
sunrun
NM
sunrun
Source: FactSet, Wall Street Equity Research.
Note: Market data as of September 23, 2021.
1.
Principal and interest adjustment for revenue and EBITDA from equity research.
Peer Median: 27.8%
22.5%
ARRAY
Peer Median: 45.1%
79.7%
ARRAY
Peer Median: 23.4%
15.7%
ARRAY
1: Welas
Solar Technology
29.4%
e
ENPHASE
29.9%-
ENPHASE
26.2%
ENPHASE
48.7%
shoals
59.1%
shouls
37.8%
shouls
26.2%
solar.edge
---31.-1% -.
solaradge
20.7%
Peer Median: 62.3%
23.9%
Bloomenergy
89.1%
Peer Median: 71.5%
62.3%
-chargepoin+
13.5%
Bloomenergy -chargepoin+
Peer Median: 19.9%
solaradge Bloomenergy
NM
NM.
-chargepoin+
185.8%
EVgo
NM
EVgo
NM-
EVgo
CBRE Acquisition
Holdings
Energy Transition
16.3%
HANNON
ARMSTRONG
54.0%
HANNON
ARMSTRONG
95.6%
HANNONING
89.1%
stem
NM
stem
18.9%
stem
28.0%
T
TESLA
NM
T
TESLA
20.9%
T
TESLA
A
ALTUS POWER
130.4%
VOLTA
NM
VOLTA
NM
VOLTA
Median: 28.7%
Median: 54.0%
Median: 18.9%
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